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GBP/TRY - Rate Guide

British Pound Sterling to Turkish Lira exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

GBP/TRY Exchange Rates and Providers Compared

This guide to the British Pound Sterling to Turkish Lira exchange rate with 90-day chart & alerts, historic rates, forecasts and GBP to TRY comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. Calculate amounts and rate margins with the GBP/TRY Calculator.

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GBP/TRY - 90 Day Rate Alerts

1 GBP = 7.115 TRY

60-DAY HIGHS 30-DAY HIGHS 14-DAY HIGHS
GBP/TRY over the last 90 days

View GBP/TRY - Interactive Chart

Exchange rates can vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for GBP/TRY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
Foreign Transfer ProvidersReceive TRY(₺)Exchange RateFee GBPTotal CostDeal Links
OFX logo
34,896 TRY
Best Overall
6.9792£0^1.99%
TorFX logo
34,861 TRY
35 TRY
6.972202.09%
WorldFirst logo
35,426 TRY
530 TRY
7.085100.5%
HSBC logo
34,163 TRY
733 TRY
6.8429£7.54.05%
Natwest Bank logo
33,973 TRY
923 TRY
6.815154.58%
Citibank International Money Transfers
Citibank logo
33,819 TRY
1,077 TRY
6.78125.01%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
33,813 TRY
1,083 TRY
6.7828155.03%
Santander International Money Transfers
Santander logo
33,625 TRY
1,271 TRY
6.7521205.56%
Lloyds TSB logo
33,486 TRY
1,410 TRY
6.7241205.95%
 

OFX logo

OFX: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:6.9792 (1.99% from mid-rate)
To Amount:34,896 TRY
Total Cost:1.99%
Time:
Rate Fetched: Mon Sep 23 2019 16:11:19 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

TorFX logo

TorFX: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:
Exchange Rate:6.9722 (2.09% from mid-rate)
To Amount:34,861 TRY
Total Cost:2.09%
Difference:
35 TRY less than using OFX
Time:16:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 

WorldFirst logo

WorldFirst: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:
Exchange Rate:7.0851 (0.5% from mid-rate)
To Amount:35,426 TRY
Total Cost:0.5%
Difference:
530 TRY more than using OFX
Time:16:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 

HSBC logo

HSBC: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:6.8429 (3.9% from mid-rate)
To Amount:34,163 TRY
Total Cost:4.05%
Difference:
733 TRY less than using OFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:15
Exchange Rate:6.8150 (4.29% from mid-rate)
To Amount:33,973 TRY
Total Cost:4.58%
Difference:
923 TRY less than using OFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logo

Citibank: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:12
Exchange Rate:6.7800 (4.78% from mid-rate)
To Amount:33,819 TRY
Total Cost:5.01%
Difference:
1,077 TRY less than using OFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:15
Exchange Rate:6.7311 (5.47% from mid-rate)
To Amount:33,813 TRY
Total Cost:5.03%
Difference:
1,083 TRY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logo

Santander: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:20
Exchange Rate:6.7521 (5.18% from mid-rate)
To Amount:33,625 TRY
Total Cost:5.56%
Difference:
1,271 TRY less than using OFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logo

Lloyds TSB: Foreign Transfer GBP→TRY
From Amount:5,000 GBP
Fee:20
Exchange Rate:6.7241 (5.57% from mid-rate)
To Amount:33,486 TRY
Total Cost:5.95%
Difference:
1,410 TRY less than using OFX
Time:16:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

Example of the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Travel Money ProvidersAmount TRY(₺)Exchange RateFee GBPTotal CostDeal Links
Post Office Money Foreign Currency
Post Office Money logo
6,823.4 TRY
Best Overall
6.823404.18%
Citibank Foreign Currency
Citibank logo
6,700.72 TRY
123 TRY
6.7684£105.9%
Travelex Online UK logo
6,675.8 TRY
148 TRY
6.6758£0^6.25%
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
6,641 TRY
182 TRY
6.7169£106.73%
Lloyds TSB logo
6,632.7 TRY
191 TRY
6.6997£106.85%
Santander Foreign Currency
Santander logo
6,632.7 TRY
191 TRY
6.6997£106.85%
Natwest Bank logo
6,599.2 TRY
224 TRY
6.6997£157.32%
 

Post Office Money logo

Post Office Money: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:0
Exchange Rate:6.8234 (4.18% from mid-rate)
To Amount:6,823.4 TRY
Total Cost:4.18%
Time:16:20 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logo

Citibank: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:6.7684 (4.95% from mid-rate)
To Amount:6,700.72 TRY
Total Cost:5.9%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 

Travelex Online UK logo

Travelex Online UK: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:6.6758 (6.25% from mid-rate)
To Amount:6,675.8 TRY
Total Cost:6.25%
Time:
Rate Fetched: Mon Sep 23 2019 16:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:6.6997 (5.91% from mid-rate)
To Amount:6,641 TRY
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logo

Lloyds TSB: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:6.6997 (5.91% from mid-rate)
To Amount:6,632.7 TRY
Total Cost:6.85%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logo

Santander: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:6.6997 (5.91% from mid-rate)
To Amount:6,632.7 TRY
Total Cost:6.85%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logo

Natwest Bank: Travel Money GBP→TRY
From Amount:1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:6.6997 (5.91% from mid-rate)
To Amount:6,599.2 TRY
Total Cost:7.32%
Time:16:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Snapshot 09/23/2019 - See full table

GBP / TRY converter & margin calculator

£GBP
₺TRY
mid-rates

Compare how much you can save on GBP/TRY exchange rates for:

Foreign Transfers Travel Money

Foreign Transfers Travel Money

British Pound Sterling

Turkish Lira

1 GBP 7.1150 TRY
5 GBP 35.58 TRY
10 GBP 71.15 TRY
20 GBP 142.30 TRY
50 GBP 355.75 TRY
100 GBP 711.50 TRY
250 GBP 1,778.75 TRY
500 GBP 3,557.50 TRY
1,000 GBP 7,115.00 TRY
2,000 GBP 14,230.00 TRY
5,000 GBP 35,575.00 TRY
10,000 GBP 71,150.00 TRY
50,000 GBP 355,750.00 TRY
100,000 GBP 711,500.00 TRY
See more

British Pound Sterling

Turkish Lira

0.1405 GBP 1 TRY
0.7025 GBP 5 TRY
1.4050 GBP 10 TRY
2.8100 GBP 20 TRY
7.0250 GBP 50 TRY
14.05 GBP 100 TRY
35.13 GBP 250 TRY
70.25 GBP 500 TRY
140.50 GBP 1,000 TRY
281.00 GBP 2,000 TRY
702.50 GBP 5,000 TRY
1,405.00 GBP 10,000 TRY
7,025.00 GBP 50,000 TRY
14,050.00 GBP 100,000 TRY
See more
Country Guides (GBP & TRY)
United KingdomUnited Kingdom (GBP)GuernseyGuernsey (GBP)Isle of ManIsle of Man (GBP)
JerseyJersey (GBP)South Georgia And South Sandwich IslandsSouth Georgia And South Sandwich Islands (GBP)TurkeyTurkey (TRY)

GBP/TRY - Historical Trends

This table shows historic rates and trends of British Pound Sterling to Turkish Lira over periods upto 10 years.

PeriodChange*GBP/TRYDate
1 Day-0.1%7.161419 Sep 2019
7 Day+0.6%7.110713 Sep 2019
30 Day+3%6.945021 Aug 2019
3 Month-3.6%7.417622 Jun 2019
1 Year-13.4%8.257920 Sep 2018
5 Year+96.3%3.644021 Sep 2014
10 Year+195.4%2.421322 Sep 2009

*For period to 20-Sep 21UTC when GBP/TRY was 7.1524

You can use our GBP interactive charts to check GBPTRY historic trends.

Get a Better FX Deal when you Send and Spend Abroad.

 

GBP and TRY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the GBP vs TRY, you should pay attention to the recent market trends for both currencies.

 

British Pound Sterling (GBP)

Pound valuations will continue to fluctuate based on Brexit No-deal, Deal and Remain probabilities. No-deal prospects may increase if, as is widely expected, ardent Brexiteer Boris Johnson becomes the UK’s next prime minister. However, some banks argue that Johnson’s appointment would make little difference to no-deal or remain probabilities.

The pound is unlikely to receive much in the way of meaningful respite until November, analysts say, when hopefully the UK-EU Brexit arrangement, or lack thereof, is known (Boris Johnson insists that the UK will not seek any further Article 50 extensions beyond the October-31 deadline).

The pound would be doing far worse if it weren't receiving some support from the Bank of England which, surprisingly, is the only major central bank still considering higher interest rates in 2019.

By some margin, the pound was the worst-performing major currency in the second quarter. It slipped in late June to multi-month lows against a number of important currencies, including the Australian dollar, New Zealand dollar, euro, Canadian dollar and Swiss franc.

Read more in the article GBP Forecasts.

 

Turkish Lira (TRY)

In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).

In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.

TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.

Why can't I just get the GBP/TRY market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the GBP / TRY was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all GBP Exchange Rates