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    Currency outlook TRY/GBP

    TRY to GBP Forecast & Outlook

    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

    25 Jul 2026 • 01:08 GMT

    TRY/GBP 0.015857

    Forecast snapshot

    Quick TRY/GBP forecast

    Near-term bias🔴 Mild downside
    Expected range0.0150 – 0.0160
    Dominant driver🌍 Global risk sentiment
    3-month trend🔴 Downtrend

    Currently, TRY/GBP is trading close to its recent lows and holding near the 90-day average. Risk-off conditions continue to support safe-haven currencies, pressure Turkish Lira, and limit upside potential. Near-term conditions suggest the pair may remain supported but face downside risks if global risk appetite improves.

    💸 Transfer implications

    • Expats: sending money to the UK using Turkish Lira may find transfer costs less favourable than recent levels.
    • Travellers: buying GBP cash or loading currency cards could face pressure if TRY/GBP declines further.
    • Businesses: paying UK invoices in GBP with Turkish Lira may see transfer costs increase as the pair remains under downward pressure.

    🧭 Key drivers

    • Rate gap: Turkish Lira interest rates are likely lower than UK rates, contributing to the downward bias.
    • Risk/commodities: Elevated geopolitical tensions and energy prices increase risk aversion, supporting safe-haven flows.
    • Global factors: Broader risk-off sentiment dominates, driven by external shocks and policy uncertainty in Turkey.

    ⚠️ What could change it

    • Upside risk: A favourable turn in global risk sentiment or a correction in energy prices could support TRY/GBP.
    • Downside risk: Unexpected adverse geopolitical developments or further risk aversion could deepen the pair's decline.

    BER suggests shopping around for the lowest margin provider may help reduce overall transfer costs and offset less favourable exchange conditions.

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    Compare TRY to GBP rates

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    TRY/GBP exchange-rate comparison Compare rates and typical FX costs

     
     
       

    Rate direction

    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 =
    0.015644We compare provider deals to this wholesale mid-market rate. Read more
    GBP
    1D−0.9%▼
    90dLows
    TRY to GBP is at 90-day lows near 0.015637, 3.0% below its 3-month average of 0.016123, having traded in a quite stable 5.5% range from 0.015637 to 0.016496
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      1 GBP = 63.92 TRY
     

    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
    11 Jul 2026
    0.0159
    		2 Week
    26 Apr 2026
    0.0164
    		3 Month
    25 Jul 2025
    0.0184
    		1 Year
    26 Jul 2021
    0.0845
    		5 Year
    27 Jul 2016
    0.2502
    		10 Year
    30 Jul 2006
    0.3592
    		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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