Loading...

Home pages - full list (A-Z)

GBP to TRY - Compare Exchange Rates

British Pound Sterling to Turkish Lira - Convert Compare Save

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

 

Compare GBP/TRY Exchange Rates

The below table is a snapshot of the costs charged by FX specialists and banks for GBP/TRY International Money Transfers. Costs are calculated against the amount when GBP is converted to TRY at mid-rate.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Foreign Transfer Providers
Ratings & Reviews
Receive TRY(₺)Exchange RateFee GBPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
TorFX logo
37,020 TRY
Best Overall
7.40402.1%Bank Transfers - Online & Phone1-2 days
 
OFX logo
37,057 TRY
37 TRY
7.4114£0^2%Bank Transfers - Online & Phone, Foreign Currency Accounts1-2 days
HSBC logo
36,279 TRY
741 TRY
7.2666£7.54.06%Online, Branch, Bank Transfers2-3 days
 
Natwest Bank logo
36,076 TRY
944 TRY
7.2369154.6%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
35,913 TRY
1,107 TRY
7.1998125.03%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
35,914 TRY
1,106 TRY
7.2043155.03%Online, Branch, Bank Transfers2-3 days
Santander International Money Transfers
 
Santander logo
35,707 TRY
1,313 TRY
7.1701205.57%Online, Branch, Bank Transfers2-3 days
 
Lloyds TSB logo
35,597 TRY
1,423 TRY
7.1479205.87%Online, Branch, Bank Transfers2-3 days
TorFX: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:
Exchange Rate:7.4040 (2.1% from mid-rate)
TRY amount:37,020 TRY
Total Cost:2.1%
Time:0:20 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
OFX: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:7.4114 (2% from mid-rate)
TRY amount:37,057 TRY
Total Cost:2%
Difference:
37 TRY more than using TorFX
Time:
Rate Fetched: Mon Apr 22 2019 22:11:03 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 

HSBC logoHSBC

HSBC: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:7.2666 (3.92% from mid-rate)
TRY amount:36,279 TRY
Total Cost:4.06%
Difference:
741 TRY less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:7.2369 (4.31% from mid-rate)
TRY amount:36,076 TRY
Total Cost:4.6%
Difference:
944 TRY less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Citibank logoCitibank

Citibank: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:12
Exchange Rate:7.1998 (4.8% from mid-rate)
TRY amount:35,913 TRY
Total Cost:5.03%
Difference:
1,107 TRY less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 

Banks - Average Rate

Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:7.1479 (5.49% from mid-rate)
TRY amount:35,914 TRY
Total Cost:5.03%
Difference:
1,106 TRY less than using TorFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 

Santander logoSantander

Santander: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:7.1701 (5.2% from mid-rate)
TRY amount:35,707 TRY
Total Cost:5.57%
Difference:
1,313 TRY less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:7.1479 (5.49% from mid-rate)
TRY amount:35,597 TRY
Total Cost:5.87%
Difference:
1,423 TRY less than using TorFX
Time:0:20 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

The below table shows a snapshot 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.

Sending a LARGER foreign transfer? Request a Multi-Vendor Quote ▾
Travel Money Providers
Ratings & Reviews
Amount TRY(₺)Exchange RateFee GBPTotal CostCurrency ServicesDelivery/CollectDeal Links
Post Office Foreign Currency
Post Office logo
7,247.2 TRY
Best Overall
7.247204.18%Online order, Branch pickup, Home delivery2-3 days
Citibank Foreign Currency
Citibank logo
7,116.91 TRY
130 TRY
7.1888£105.9%Branch-
 
Travelex Online UK logo
7,071 TRY
176 TRY
7.071£0^6.51%Online order, Branch pickup, Home delivery2-3 days
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo
7,054 TRY
193 TRY
7.1341£106.73%Branch-
 
Lloyds TSB logo
7,044.64 TRY
203 TRY
7.1158£106.85%Branch-
Santander Foreign Currency
 
Santander logo
7,044.64 TRY
203 TRY
7.1158£106.85%Branch-
 
Natwest Bank logo
7,009.06 TRY
238 TRY
7.1158£157.32%Branch-
Post Office: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:0
Exchange Rate:7.2472 (4.18% from mid-rate)
TRY amount:7,247.2 TRY
Total Cost:4.18%
Time:0:20 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 

Citibank logoCitibank

Citibank: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:7.1888 (4.95% from mid-rate)
TRY amount:7,116.91 TRY
Total Cost:5.9%
Time:0:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
Travelex Online UK: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:7.071 (6.51% from mid-rate)
TRY amount:7,071 TRY
Total Cost:6.51%
Time:
Rate Fetched: Mon Apr 22 2019 22:30:03 GMT+0000 (UTC)
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 

Banks - Average Rate

Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:7.1158 (5.91% from mid-rate)
TRY amount:7,054 TRY
Total Cost:6.73%
Currency Services:Branch
Delivery/Collect:-
 

Lloyds TSB logoLloyds TSB

Lloyds TSB: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:7.1158 (5.91% from mid-rate)
TRY amount:7,044.64 TRY
Total Cost:6.85%
Time:0:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

Santander logoSantander

Santander: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£10 GBP (1%)
Exchange Rate:7.1158 (5.91% from mid-rate)
TRY amount:7,044.64 TRY
Total Cost:6.85%
Time:0:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 

Natwest Bank logoNatwest Bank

Natwest Bank: Travel Money GBP→TRY
GBP amount:£1,000 GBP
Fee:£15 GBP (Minimum fee)
Exchange Rate:7.1158 (5.91% from mid-rate)
TRY amount:7,009.06 TRY
Total Cost:7.32%
Time:0:20 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 

GBP to TRY interbank exchange rate = 7.5644

Right now the GBP/TRY interbank exchange rate is 7.5644. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Turkish Lira to British Pound Sterling.

This GBP/TRY Converter calculates equivalent British Pound Sterling to Turkish Lira amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

GBP / TRY converter & margin calculator


£GBP
₺TRY
Mid-rates:
 

Foreign Transfers Travel Money

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

Foreign Transfers Travel Money

1 Week GBP to TRY
Loading GBP/TRY rates

British Pound Sterling

Turkish Lira

1 GBP 7.5644 TRY
5 GBP 37.82 TRY
10 GBP 75.64 TRY
20 GBP 151.29 TRY
50 GBP 378.22 TRY
100 GBP 756.44 TRY
250 GBP 1,891.10 TRY
500 GBP 3,782.20 TRY
1,000 GBP 7,564.40 TRY
2,000 GBP 15,128.80 TRY
5,000 GBP 37,822.00 TRY
10,000 GBP 75,644.00 TRY
50,000 GBP 378,220.00 TRY
100,000 GBP 756,440.00 TRY
See more

British Pound Sterling

Turkish Lira

0.1322 GBP 1 TRY
0.6610 GBP 5 TRY
1.3220 GBP 10 TRY
2.6440 GBP 20 TRY
6.6100 GBP 50 TRY
13.22 GBP 100 TRY
33.05 GBP 250 TRY
66.10 GBP 500 TRY
132.20 GBP 1,000 TRY
264.40 GBP 2,000 TRY
661.00 GBP 5,000 TRY
1,322.00 GBP 10,000 TRY
6,610.00 GBP 50,000 TRY
13,220.00 GBP 100,000 TRY
See more

TRY Country Guides
TurkeyTurkey

British Pound Sterling to Turkish Lira (GBP-TRY) - 10 Year History

The below table shows the historic variation in the GBP/TRY exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of GBP versus other currencies : GBP historical charts.

DateExchange RatePeriodChange
22 Apr 20197.5765Latest
15 Apr 20197.60421 Week-0.36%
23 Mar 20197.61351 Month-0.49%
24 Oct 20187.35186 Months+3.06%
22 Apr 20185.71201 Year+32.64%
22 Apr 20174.66092 Years+62.55%
23 Apr 20143.60465 Years+110.19%
24 Apr 20092.364610 Years+220.41%

Why can't I just get the GBP/TRY market rate I see on Google or in the Media?

The GBP/TRY mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the GBP / TRY was traded (bought or sold) in the international markets.

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.

The closer your final exchange rate is to the market GBP/TRY midrate the better deal you are getting.

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

The three things you need in order to get a good GBP to TRY exchange rate

  1. Know the latest GBP/TRY market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for British Pound Sterling and Turkish Lira

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the GBP vs TRY, you should pay attention to both British Pound Sterling and Turkish Lira news and forecasts.

British Pound Sterling (GBP) - Market news and forecasts

Update 14-April: The pound hovered between US$1.30 and US$1.31 (in line with 3-month averages) after the EU granted the UK a Brexit extension until the end of October. No-deal risk is gone for now and anything is possible, including a new British prime minister, a general election and/or second referendum.

Experts at MUFG said in April that sterling would likely trade between US$1.30 and US$1.34 until more clarity emerged.

If an election is called, the pound could depreciate to US$1.24, a UBS analyst said, due to “heightened uncertainty” (the opposition Labour party is consistently ahead in the polls).

Goldman Sachs said in April that sterling was set for a “big finish” (higher) once the gridlock in the UK parliament ends and a deal is agreed and certainty found.

Earlier this year, currency analysts at HSBC estimated that the pound would be valued at levels near US$1.10 in the event of no-deal, near US$1.45 with a deal and at US$1.55 if Brexit is cancelled.

Turkish Lira (TRY) - Market news and forecasts

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.