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Best Exchange Rates

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Compare GBP to TRY foreign transfers

Use our comparison table to find the best exchange rates for Turkish Lira foreign transfers versus the Banks.

When you are thinking about sending money abroad, an international money transfer provider is a great option. They can help you with the whole process, provide useful online tools and most importantly bank-beating exchange rates and low or zero fees.

 
 

Compare Best Exchange Rates for:

   
£GBP
₺TRY

Compare Deals
Foreign Transfer Providers
Ratings & Reviews
Receive TRY(₺)Exchange RateFee GBPTotal CostTransfer ServicesTransfer SpeedDeal Links
 
OFX logo
34,269 TRY
Best Overall
6.8538£0^1.28%Bank Transfers - Online & Phone1-2 days
 
TorFX logo
34,252 TRY
17 TRY
6.850401.33%Bank Transfers - Online & Phone1-2 days
 
Currencies Direct logo
34,235 TRY
34 TRY
6.84701.38%Bank Transfers - Online & Phone1-2 days
HSBC logo
33,550 TRY
719 TRY
6.72£7.53.35%Online, Branch, Bank Transfers2-3 days
 
Natwest Bank logo
33,362 TRY
907 TRY
6.6925153.89%Online, Branch, Bank Transfers2-3 days
Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo
33,212 TRY
1,057 TRY
6.6623154.32%Online, Branch, Bank Transfers2-3 days
Citibank International Money Transfers
Citibank logo
33,211 TRY
1,058 TRY
6.6582124.33%Online, Branch, Bank Transfers2-3 days
 
Santander logo
33,021 TRY
1,248 TRY
6.6307204.87%Online, Branch, Bank Transfers2-3 days
 
Lloyds TSB logo
32,918 TRY
1,351 TRY
6.6101205.17%Online, Branch, Bank Transfers2-3 days
 
WorldFirst logo
Your amount below the WorldFirst GBP10000 minimum
 
OFX: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:6.8538 (1.28% from mid-rate)
TRY amount:34,269 TRY
Total Cost:1.28%
Time:
Rate Fetched: Sat Feb 23 2019 10:11:51 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.8/5.0
Reviews:
TorFX: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:
Exchange Rate:6.8504 (1.33% from mid-rate)
TRY amount:34,252 TRY
Total Cost:1.33%
Difference:
17 TRY less than using OFX
Time:12:13 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.7/5.0
Reviews:
Currencies Direct: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:
Exchange Rate:6.8470 (1.38% from mid-rate)
TRY amount:34,235 TRY
Total Cost:1.38%
Difference:
34 TRY less than using OFX
Time:12:13 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.3/5.0
Reviews:
HSBC: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:£7.5 GBP (.15%)
Exchange Rate:6.7200 (3.2% from mid-rate)
TRY amount:33,550 TRY
Total Cost:3.35%
Difference:
719 TRY less than using OFX
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Natwest Bank: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:6.6925 (3.6% from mid-rate)
TRY amount:33,362 TRY
Total Cost:3.89%
Difference:
907 TRY less than using OFX
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
 

Banks - Average Rate
Lloyds TSB logo Santander logo Citibank logo Natwest Bank logo HSBC logo

Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:15
Exchange Rate:6.6101 (4.79% from mid-rate)
TRY amount:33,212 TRY
Total Cost:4.32%
Difference:
1,057 TRY less than using OFX
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Citibank: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:12
Exchange Rate:6.6582 (4.1% from mid-rate)
TRY amount:33,211 TRY
Total Cost:4.33%
Difference:
1,058 TRY less than using OFX
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
Santander: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:6.6307 (4.49% from mid-rate)
TRY amount:33,021 TRY
Total Cost:4.87%
Difference:
1,248 TRY less than using OFX
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Reviews:
Lloyds TSB: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:20
Exchange Rate:6.6101 (4.79% from mid-rate)
TRY amount:32,918 TRY
Total Cost:5.17%
Difference:
1,351 TRY less than using OFX
Time:12:13 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Reviews:
WorldFirst: Foreign Transfer GBP→TRY
GBP amount:£5,000 GBP
Fee:
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone
Rating:
 
: 4.6/5.0
Reviews:
 
Sending a LARGER foreign transfer? Shop-around with multiple providers: Get Quotes
Note we do not compare every single provider in the market, we compare a selection of established, reputable foreign exchange providers & banks who are regulated in the UK by the FCA for the provision of payment services. We may receive referral fees if you choose one of these providers however this will not affect the exchange rates or fees you are charged.
Rate snapshot: 02/23/2019

1 GBP = 6.9426 TRY

This is the current GBP-TRY mid-market exchange rate. The Total Cost of each foreign transfer in the above table is calculated as the sum of all fees and the exchange rate margin, which is the difference between the provider's exchange rate and the mid-market GBP-TRY exchange rate.

3 Month Chart
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Currency news and forecasts for British Pound Sterling and Turkish Lira

Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison 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

20-February-19: Given Brexit uncertainties, 2018 wasn’t too bad of a year for the pound. Although it lost 7.5 percent of its value against the US dollar, it only lost 1.9 percent against the euro and gained nearly 3 percent against the Australian dollar.

In early 2019, the pound has been resilient, having gained several percent against most of the other G10 currencies despite UK politics being in a state of disarray and with all Brexit options still on the table. Sterling remains well down when compared with its recent history though: at the time of writing, against the US dollar it was 12 percent lower than levels prior to the UK’s EU referendum in June 2016.

Pound forecasts are futile given uncertainties over Brexit but estimates can be made for different outcomes. Currency analysts at HSBC said in February that sterling 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 should Article 50 be revoked and Brexit cancelled. GBP/USD was quoted at US$1.305 at the time of this report.

Turkish Lira (TRY) - Market news and forecasts

12-February-2019: The lira has been remarkably stable since December, having floated between 5.15 and 5.55 per dollar, with a few brief exceptions.

Though the lira is considerably stronger than its August ’18 extreme, it is still worth nearly 30 percent less than it was a year ago. In mid-2018, the lira weakened beyond 7 to the dollar (a record low), shocking investors.

From here on in, the lira stands to appreciate, or will at least be among the best performing emerging market currencies of 2019, says an analyst at ING. The analyst said in February that the lira was “the most undervalued in the whole emerging market space.”

With the US Federal Reserve now likely to slow the pace of its interest rate hikes, or stop them, the dollar is forecast to weaken, and emerging market currencies typically gain value in such conditions because their respective governments usually hold high levels of dollar-denominated debt, which becomes easier to repay when dollars are cheaper.

Currency News and Forecasts - British Pound Sterling

Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates
Dollar Optimism Drives Markets