A Turkish Holiday could be even better value in 2015 thanks to a favourable exchange rate for British Tourists.
The Turkish Lira has been through some tough times recently and now the British Pound buys almost more than ever;
and that’s good news for tourists coming on holiday to Turkey in 2015.
British holidaymakers planning to visit the popular Turkish holiday resorts of Fethiye, Oludeniz, Bodrum
and Marmaris could find their holiday spending goes much, much further in 2015 thanks to
a strong British Pound and weaker Turkish Lira.
At the close of business on Friday the British Pound bought 3.80 Turkish Lira on the international markets.
That is just a few Kurus off the all time high of 3.85 Turkish Lira that was reached
Just a few years ago the British Pound bought just 2.12 Turkish Lira.
If the current situation continues your British Pound could give you much more holiday bang for your buck,
even after increases in sin taxes on alcohol that came into force on 1st January this year, and general inflation.
Here are few examples:
A beer is now under the £3 level again after inflation and taxes bumped it up on 1st January.
A 10 TL lager will set you back £2.60.
A typical meal for 2 costing 100TL will cost £26.
Smokers save too with a 11 TL packet of 20 now costing around £3
Holiday Cash to Go Further
These are just some common examples. But maybe another way to look at how far your cash could
go is if you look at the savings on an average holiday spend.
If, for example, a family spent £1,000 whilst on holiday, at the current exchange rate they would
get around 3,700 to 3,800 Turkish Lira.
Last year at the lowest point in the year for the Turkish currency the same £1,000 would only have
bought around 3,300 Turkish Lira.
So, if rates stay the same, holiday makers could gain an extra 400 TL or £100 more spending
power than last year.
That’s a few more drinks, meals, souvenirs and a day trip out.
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 especially when using debit cards or withdrawing cash using credit cards.