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

Best GBP to TRY Exchange Rates Compared Live

The best GBP to TRY exchange rate is 41.00. Compare foreign transfer and currency exchange rates, find better rates & deals.

GBP-TRY Best Exchange Rate Calculator
       

Comparing GBP-TRY exchange rates

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

The above Sterling to Lira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged vs the latest GBP-TRY mid-rate (see below) and the possible savings of using another provider.

 
@bestfxrates : 📉 GBP/TRY Update: FX analysts warn of potential GBP weakness amid BoE rate cut talks & UK's grim wage data. Turkish Lira's record lows add to volatility. Despite GBP hitting 90-day high at 41.08, market views foresee uncertainty. Traders, watch UK data & Turkey's political scene. #GBPTRY #Forex #CurrencyTrading

Multi-Vendor Quote

We can help you get an even better deal when sending a Large International Money Transfer.

Click below for the Request Quotes form and enter your transfer details (BER account required).

Request Quotes

Save time and money - fewer websites to visit and you get a much better exchange rate & service.

 
 

GBP to TRY Market Data

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

 
1 GBP =
41.00We compare provider deals to this wholesale mid-market rate. Read more
TRY
+2.0%
📈3M
GBP to TRY is at 90-day highs near 41.17, 6.2% above its 3-month average of 38.78, having traded in a quite volatile 12.0% range from 36.75 to 41.17
|
Sell GBP   â†’   Buy TRY
My Rates

Manage My Rates   


DateGBP/TRYChangePeriod
04 Mar 2024
40.07
2.7% â–²2 Week
19 Dec 2023
37.03
11.2% â–²3 Month
19 Mar 2023
23.18
77.6% â–²1 Year
20 Mar 2019
7.1685
474.2% â–²5 Year
21 Mar 2014
3.6850
1017% â–²10 Year
23 Mar 2004
2.4299
1593.9% â–²20 Year
GBP/TRY historic rates & change to 18-Mar-2024
 

What are equivalent amounts of GBP and TRY?

Here are some popular conversion amounts for GBP to TRY (Pound Sterling to Turkish lira)*.

GBP TRY
£ 1 41.00
£ 5 205.00
£ 10 410.00
£ 20 820.00
£ 50 2,050
£ 100 4,100
£ 250 10,250
£ 500 20,500
£ 1,000 41,000
£ 2,000 82,000
£ 5,000 205,000
£ 10,000 410,000
£ 20,000 820,000
£ 50,000 2,050,000
£ 100,000 4,100,000
GBP TRY
£ 0.0244 ₺ 1
£ 0.1219 ₺ 5
£ 0.2439 ₺ 10
£ 0.4878 ₺ 20
£ 1.2195 ₺ 50
£ 2.4389 ₺ 100
£ 6.0973 ₺ 250
£ 12.19 ₺ 500
£ 24.39 ₺ 1,000
£ 48.78 ₺ 2,000
£ 121.95 ₺ 5,000
£ 243.89 ₺ 10,000
£ 487.78 ₺ 20,000
£ 1,219 ₺ 50,000
£ 2,439 ₺ 100,000

More amounts

*Converted at the current GBPTRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

Forecasts for GBP to TRY

 

Recent exchange rate forecasts for the GBP to TRY pair suggest that the British Pound (GBP) may face some challenges due to disappointing UK wage data and softening economic indicators. With the possibility of the Bank of England (BoE) considering interest rate cuts, the Pound could weaken against the Turkish Lira (TRY). On the other hand, the Turkish Lira has been under pressure, reaching record lows against most currencies, including the British Pound. Factors such as natural disasters and economic policy decisions in Turkey have contributed to the Lira's depreciation.

Read our full review of recent GBP to TRY forecasts.

 

How to get a good GBP to TRY exchange rate

There are several ways to save on exchange rates when converting Pound Sterling to Turkish lira:

  1. Shop around for the best GBP/TRY exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
  2. Timing is important: Keep an eye on the GBP/TRY rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
  3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
  4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and TRY at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
  5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

The key is reducing excessive costs and fees

Generally speaking, if you are buying Turkish lira with Pound Sterling, then it's better for the GBP/TRY exchange rate to be higher.

However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

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.

It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

Will the Pound Sterling rise against the Turkish lira?

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 My Rates   

 

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

Keep track of currency Trends; Up📈 or Down📉 trends over periods from 1 week (1W) to 3 months (3M).

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


 

Read our Currency guide to Turkey - a practical currency and money guide to travel, living and doing business in Turkey with the Turkish lira.

 
 
 

Currency Country Guides

United KingdomUnited Kingdom (GBP)TurkeyTurkey (TRY)
 

What prime property does $US1m buy in Istanbul?

The area (㎡) of prime property that $US1million buys in Turkey's capital city Istanbul in Q1 2018 is 110㎡.

This is compared to equivalent areas for Hong Kong 22㎡, London 27㎡, Singapore 37㎡, Paris 45㎡, Shanghai 50㎡, Tokyo 70㎡, Berlin 74㎡, Mumbai 94㎡, Dubai 138㎡ and San Paulo 172㎡.

Read more at our Turkey (TRY) country guide

   
 
 

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

^ Scroll back up to ^

^