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TRY to GBP Forecasts – Turkish lira to British pound

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

 

TRY to GBP Forecast & Outlook

23 May 2026 • 01:05 GMT

TRY/GBP 0.016280

📊 Forecast snapshot

  • Near-term bias: 🔴 Mild downside
  • Expected range: 0.0160 – 0.0160
  • Dominant driver: 🌍 Global risk sentiment
  • 3-month trend: ⚪ Range-bound

Currently, TRY/GBP is trading near recent lows at 0.016280, below its 90-day average and supported by risk-off sentiment. Over the next few sessions, the pair may remain pressured by global risk aversion and Turkish inflation concerns, keeping the Turkish Lira weak against the Pound. Short-term conditions suggest the pair could find support around current levels but may face further downside if risk sentiment declines further.

💸 Transfer implications

  • Expats: sending money to the UK may find current exchange rates less favourable than recent levels.
  • Travellers: buying GBP cash could face more expensive conversions.
  • Businesses: paying GBP invoices with TRY may see increased costs if the pair weakens further.

🧭 Key drivers

  • Rate gap: Turkish rate hikes and inflation issues are weighing on TRY, while GBP's policy is more stable.
  • Risk/commodities: Elevated risk aversion and global economic tensions support safe-haven currencies and pressure EMFX.
  • Global factors: Political and economic concerns in Turkey and volatility in global markets influence the pair.

⚠️ What could change it

  • Upside risk: A rally in global risk appetite could reduce demand for safe havens, supporting TRY.
  • Downside risk: Worsening risk sentiment or heightened inflation pressures could push TRY lower against GBP.

BER suggests comparing FX providers as a way to help offset less favourable exchange conditions and reduce overall transfer costs.

TRY-GBP Rate Calculator

 
 
   
   
   
   
   
 
 

TRY to GBP Market Data

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

 
Sell TRY   →   Buy GBP
1 TRY =
0.016179We compare provider deals to this wholesale mid-market rate. Read more
GBP
1d−0.1%▼
TRY to GBP is at 14-day lows near 0.016204, 2.6% below its 3-month average of 0.016635, having traded in a quite stable 5.8% range from 0.016170 to 0.017109
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  1 GBP = 61.81 TRY

Compare & Save - Turkish lira to British pound

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

Use our TRY to GBP 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 Lira to Sterling currency rates and the possible savings of using various providers.

 
 

Will the Turkish lira rise against the British pound?

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

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

DateTRY/GBPPeriod
09 May 2026
0.0162
2 Week
22 Feb 2026
0.0169
3 Month
23 May 2025
0.0190
1 Year
24 May 2021
0.0843
5 Year
25 May 2016
0.2309
10 Year
28 May 2006
0.3494
20 Year
TRY/GBP historic rates

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 TRY/GBP to your personalised Rate Tracker to track and benefit from currency movements.

 
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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