Switch .com Best Exchange Rates .com Best Exchange Rates .com Best Exchange Rates
BER

GBP to TRY Forecasts – British pound to Turkish lira

Latest GBP to TRY forecasts including bank predictions, key market drivers and recent trends for GBP/TRY. See where analysts expect the pair to move and the factors likely to influence it.

 

GBP to TRY Forecast & Outlook

11 Jul 2026 • 00:59 GMT

GBP/TRY 62.97

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 61.8680 – 62.9700
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

GBP/TRY is currently trading near its 90-day high around 62.97, supported by the rate differential with Turkey's hawkish monetary stance. However, risk-off conditions and safe-haven flows are keeping the pair under pressure. Near-term conditions suggest the pair may face downward bias, with possible consolidation or modest easing if risk sentiment remains cautious.

💸 Transfer implications

  • Expats: sending money to Turkey may find their GBP buys fewer TRY if the pair declines.
  • Travellers: buying Turkish Lira cash could see less favourable rates if the pair weakens.
  • Businesses: paying Turkish Lira invoices with GBP might face less advantageous exchange rates if the downtrend persists.

🧭 Key drivers

  • Rate gap: The UK’s monetary policy remains less aggressive than Turkey’s, keeping the TRY supported despite global risk-off.
  • Risk/commodities: Risk aversion and safe-haven flows are supporting the TRY at the expense of GBP.
  • Global factors: Elevated global uncertainty continues to pressure risk-sensitive currencies, including GBP.

⚠️ What could change it

  • Upside risk: A risk-on shift or easing of global tensions could support GBP/TRY and reverse recent downside.
  • Downside risk: Further risk-off sentiments or stronger safe-haven flows might push the pair lower, testing recent lows.

Shopping around for the lowest margin provider may help reduce overall transfer costs, especially if exchange rates weaken.

GBP-TRY Rate Calculator

 
 
   
   
   
   
   
 
 

GBP to TRY Market Data

British pound (GBP) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy TRY
1 GBP =
63.71We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d+1.1%▲
90dHighs◓
GBP to TRY is at 90-day highs near 63.69, 3.3% above its 3-month average of 61.63, having traded in a quite stable 5.3% range from 60.48 to 63.69
|
Tracker

Manage Tracker   

  1 TRY = 0.015697 GBP

Compare & Save - British pound to Turkish lira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Turkish lira (TRY) rates from different sources before making a conversion.

Use our GBP to TRY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Lira currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Turkish lira?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs Turkish lira current value is to look the GBP/TRY historic rate and change over a range of periods.

The following table looks at the change in the GBP to TRY exchange rate over periods from the previous week back to the last 10 years.

DateGBP/TRYChangePeriod
01 Jul 2026
61.99
1.7% ▲2 Week
16 Apr 2026
60.67
3.9% ▲3 Month
15 Jul 2025
53.92
16.9% ▲1 Year
16 Jul 2021
11.73
437.3% ▲5 Year
17 Jul 2016
3.9415
1499.1% ▲10 Year
20 Jul 2006
2.8726
2094.2% ▲20 Year
GBP/TRY historic rates & change to 15-Jul-2026

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/TRY to your personalised Rate Tracker to track and benefit from currency movements.

 
Track Rate
 

Manage Tracker   

 

Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more