The Turkish Lira exchange rate has just hit a great level for British holiday makers meaning they will get some fantastic value this year as we explain.
The British Pound has just hit a new in year high against some of the worlds major currencies meaning Brits going abroad on holiday now should find their money will go much further.
British holiday makers heading for the popular Turkish reports of Bodrum, Marmaris, Fethiye and Antalya will find that their British pound will stretch even further thanks to the weakening of the currency.
Yesterday the Turkish Lira Exchange rate to the pound was 3.64 Turkish Lira making One Turkish Lira worth 27 pence.
Even after increases in sin taxes on alcohol that came into force on 1st January this year and general inflation, British tourists should find that they get much more holiday value compared with last year.
Here are few examples of holiday savings thanks to the Turkish Lira Exchange rate:
– Beer for less than £2. You can find a beer for 7 TL in many locations which is just £1.94.
– A meal for 2 at 60 TL set you back £16.66.
– A bottle of wine in a restuarant at 40 TL £11.11.
– A packet of 20 premium brand cigarettes are 9.00 TL or £2.50.
– A typical town bus fare of 2 Lira is 55 pence.
– A small bottle of water in a supermarket is 0.25 TL or 7 pence.
Turkish Lira Exchange Rate – Twenty Percent More
For regular holiday visitors to Turkey they should also notice the difference this year with the Turkish Lira exchange rate now worth 20 per cent more than last year.
A family spending on average £1,000 whilst on holiday will now find, thanks to the Turkish Lira exchange rate, that they will get a whopping £195 or 700 TL more to spend than last year.
Now that’s a winning combination and another good reason to come on a Turkish holiday to one of the popular resorts of Fethiye, Oludeniz, Calis, Hisaronu or Ovacik or other parts of Turkey this year.
Note: Exchange rates quotes are interbank rates and not those that you can obtain when changing cash. Always shop around for best exchange rates and keep an eye on commission charges. Comparisons are based on a Turkish Exchange Rate of 3.60 to the British Pound as at 17 June 2014.