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GBP to TRY - Exchange Rate Overview

Pound Sterling to Turkish Lira exchange rates can vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 
 

£1,000 GBP
=
₺8,510 TRY

*Converted at interbank exchange rate, scroll down to compare foreign transfer and spend/travel exchange rates.


 

Latest interbank exchange rate:

1 GBP = 8.5102 TRY

Sell GBP / Buy TRY 

 
GBP to TRY 90-day trend
ALERTS:7-DAY2.7% | 14-DAY HIGHS |
GBP/TRY at 8.5257 was trading 3.2% above AVG:8.2621 with LO:7.5055 and HI:8.8855 (90 days). ALERTS: GBP/TRY was UP 2.7% this 7-DAY period and also rose to 14-DAY HIGHS.

Convert GBP to TRY More Charts


Pound Sterling to Turkish Lira - Quick Conversions

GBP TRY
£ 1 8.5102
£ 5 42.55
£ 10 85.10
£ 20 170.20
£ 50 425.51
£ 100 851.02
£ 250 2,128
£ 500 4,255
£ 1,000 8,510
£ 2,000 17,020
£ 5,000 42,551
£ 10,000 85,102
£ 50,000 425,510
£ 100,000 851,020
More amounts
GBP TRY
£ 0.1175 ₺ 1
£ 0.5875 ₺ 5
£ 1.1750 ₺ 10
£ 2.3500 ₺ 20
£ 5.8750 ₺ 50
£ 11.75 ₺ 100
£ 29.38 ₺ 250
£ 58.75 ₺ 500
£ 117.50 ₺ 1,000
£ 235.00 ₺ 2,000
£ 587.50 ₺ 5,000
£ 1,175 ₺ 10,000
£ 5,875 ₺ 50,000
£ 11,750 ₺ 100,000
More amounts

To calculate your own GBP/TRY amounts use our Convert GBP to TRY quick calculator.


Comparing Foreign Exchange Providers

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, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also 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.

 
 

GBP to TRY International Money Transfers

Foreign Transfer Provider Receive TRY(₺) Exchange RateFee GBPDeal Links
WorldFirst logo
8,485.3
0.5%
Best Overall
8.48530
TorFX logo
8,384
1.69%
₺101 less
8.3840
OFX logo
8,367.2
1.88%
₺118 less
8.3672£0^
HSBC logo
8,203.88
3.8%
₺281 less
8.2162£1.50
Natwest Bank logo
8,059.86
5.49%
₺425 less
8.182615
Citibank International Money Transfers
Citibank logo
8,042.91
5.69%
₺442 less
8.140612
Santander International Money Transfers
Santander logo
8,026.03
5.89%
₺459 less
8.1071£10.00
Lloyds TSB logo
7,912.03
7.22%
₺573 less
8.073520
Banks - Average Rate
Citibank logo Santander logo Lloyds TSB logo HSBC logo Natwest Bank logo
8,049
5.62%
₺436 less
8.144015
 
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WorldFirst: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:
Exchange Rate:8.4853 (0.5% from mid-rate)
To Amount (TRY)8,485.3
Total Cost:0.5%
Time:18:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.6/5.0
Reviews:
 
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TorFX: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:
Exchange Rate:8.3840 (1.69% from mid-rate)
To Amount (TRY)8,384
Total Cost:1.69%
Difference:
₺101 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
 
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OFX: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:8.3672 (1.88% from mid-rate)
To Amount (TRY)8,367.2
Total Cost:1.88%
Difference:
₺118 TRY less than using WorldFirst
Time:
Rate Fetched: Thu Jun 04 2020 18:11:10 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
HSBC logo
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HSBC: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:£1.50 GBP (.15%)
Exchange Rate:8.2162 (3.66% from mid-rate)
To Amount (TRY)8,203.88
Total Cost:3.8%
Difference:
₺281 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Natwest Bank logo
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Natwest Bank: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:15
Exchange Rate:8.1826 (4.05% from mid-rate)
To Amount (TRY)8,059.86
Total Cost:5.49%
Difference:
₺425 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Citibank logo
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Citibank: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:12
Exchange Rate:8.1406 (4.54% from mid-rate)
To Amount (TRY)8,042.91
Total Cost:5.69%
Difference:
₺442 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Santander logo
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Santander: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:£10.00 GBP (1%)
Exchange Rate:8.1071 (4.93% from mid-rate)
To Amount (TRY)8,026.03
Total Cost:5.89%
Difference:
₺459 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
 
Lloyds TSB logo
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Lloyds TSB: Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:20
Exchange Rate:8.0735 (5.33% from mid-rate)
To Amount (TRY)7,912.03
Total Cost:7.22%
Difference:
₺573 TRY less than using WorldFirst
Time:18:29 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 
Banks - Average Rate
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Foreign Transfer GBP→TRY
From Amount (GBP)£1,000
Fee:15
Exchange Rate:8.0819 (5.23% from mid-rate)
To Amount (TRY)8,049
Total Cost:5.62%
Difference:
₺436 TRY less than using WorldFirst
Transfer Speed:
Services:
 
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Snapshot 06/04/2020 - View live rates
 

The below comparison table displays the margins and possible savings when you order travel money online with a currency specialist rather than in-person from banks and currency kiosks.

Provider Amount TRY(₺) Exchange RateFee GBPDeal Links
8,442.87
1%
Best Overall
8.4853£5.00
Post Office Money Foreign Cash
Post Office Money logo
8,171.8
4.18%
₺271 less
8.17180
Citibank Foreign Cash
Citibank logo
8,008.73
6.09%
₺434 less
8.10612
Santander Foreign Cash
Santander logo
7,943.46
6.85%
₺499 less
8.0237£10.00
Travelex Online logo
7,938.3
6.91%
₺505 less
7.9383£0^
Banks - Average Rate
Citibank logo Santander logo Lloyds TSB logo Natwest Bank logo
7,930
7.01%
₺513 less
8.044315
Natwest Bank logo
7,903.34
7.32%
₺540 less
8.023715
Lloyds TSB logo
7,863.23
7.79%
₺580 less
8.023720
 
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TransferWise: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:£5.00 GBP (0.5% + £1)
Exchange Rate:8.4853 (-0.5% from mid-rate)
To Amount (TRY)8,442.87
Total Cost:1%
Time:18:29 Local
Currency Services:Multi-currency debit card with linked foreign bank accounts
Delivery/Collect:5-7 days
Rating:
 
: 4.6/5.0
Reviews:
 
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Post Office Money: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:0
Exchange Rate:8.1718 (-4.18% from mid-rate)
To Amount (TRY)8,171.8
Total Cost:4.18%
Time:18:29 Local
Currency Services:Online order, Branch pickup, Home delivery
Delivery/Collect:2-3 days
Rating:
: /5.0
Reviews:
 
Citibank logo
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Citibank: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:12
Exchange Rate:8.1060 (-4.95% from mid-rate)
To Amount (TRY)8,008.73
Total Cost:6.09%
Time:18:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
: /5.0
Reviews:
 
Santander logo
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Santander: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:£10.00 GBP (1%)
Exchange Rate:8.0237 (-5.91% from mid-rate)
To Amount (TRY)7,943.46
Total Cost:6.85%
Time:18:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 2/5.0
Reviews:
 
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Travelex Online: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:£0 - No fees for Debit & Credit Cards
Exchange Rate:7.9383 (-6.91% from mid-rate)
To Amount (TRY)7,938.3
Total Cost:6.91%
Time:
Rate Fetched: Thu Jun 04 2020 18:15:03 GMT+0000 (UTC)
Currency Services:FREE Home delivery & Branch pickup
Delivery/Collect:2-3 days
Rating:
 
: 4.3/5.0
Reviews:
 
Banks - Average Rate
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Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:15
Exchange Rate:8.0237 (-5.91% from mid-rate)
To Amount (TRY)7,930
Total Cost:7.01%
Currency Services:Branch
Delivery/Collect:-
 
Natwest Bank logo
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Natwest Bank: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:15
Exchange Rate:8.0237 (-5.91% from mid-rate)
To Amount (TRY)7,903.34
Total Cost:7.32%
Time:18:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
Lloyds TSB logo
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Lloyds TSB: Travel Money GBP→TRY
From Amount (GBP)£1,000
Fee:20
Exchange Rate:8.0237 (-5.91% from mid-rate)
To Amount (TRY)7,863.23
Total Cost:7.79%
Time:18:29 Local
Currency Services:Branch
Delivery/Collect:-
Rating:
 
: 1/5.0
Reviews:
 
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Snapshot 06/04/2020 - View live rates
 
 

Turkish Lira (TRY) Country Guides

TurkeyTurkey (TRY)

Pound Sterling and Turkish Lira Forecasts

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.

Pound Sterling (GBP)

GBP will rise to 1.25 against the euro according to Standard Bank. The coronavirus pandemic has replaced Brexit in the headlines and means that the deadline for a trade deal with the Eurozone this year could either be pushed back, delaying a risk for the currency, or see more favorable terms given to the U.K.

This is a remarkable change of fortunes for GBP which was sold-off after the Brexit vote and again after the virus forced a lockdown in London, the world’s largest foreign-exchange centre. Against the dollar, sterling touched the lowest level in 35 years in March as traders sought the safety of the USD.

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.


How to get Best GBP to TRY Exchange Rates

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).

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.

 

What is a good GBP to TRY exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the GBP to TRY exchange rate over periods upto 10 years.

GBP/TRYPeriod to 03-JunDateRate
1.9% ▲1 Week27 May 20208.3139
3.4% ▼30 Days04 May 20208.7726
7.2% ▲90 Days05 Mar 20207.9065
15.5% ▲1 Year04 Jun 20197.3383
108.3% ▲5 Years05 Jun 20154.0695
265.7% ▲10 Years06 Jun 20102.3174
GBP/TRY 10 year rates & changes to 03-Jun-2020 (8.4756)
 

When is the best time to exchange GBP to TRY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup BER.me FX Alerts

 

We help you Save Money on Exchange Rates.

Foreign Transfers Travel Money

View all GBP Exchange Rates