The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
GBP to TRY Market Data
British pound (GBP) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the GBP to TRY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the British pound against the Turkish lira is to review how the GBP/TRY rate has changed over time.
The table below shows the percentage change in the GBP to TRY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent analysis highlights a complex landscape for the GBP to TRY exchange rate, where shifting central bank policies and economic conditions are greatly...
Recent forecasts for the USD to TRY exchange rate signal potential volatility driven primarily by divergent central bank policies and market sentiment.
GBP/TRY is currently at 57.19, up 2.1% from the 3-month avg of 56.01. Analysts note the BoE's cautious rate cuts bolster GBP, while the CBRT's rate drop raises inflation concerns for the TRY, highlighting economic uncertainty. Staying alert to central bank moves is key for future trades
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GBP to TRY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Turkish lira across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
What is the
best Send Money conversion rate for GBP to TRY?
The best GBP to TRY exchange rate is 56.89 from OFX . This is -0.51% compared to the mid-market rate 57.18.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (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 by
banks and other foreign exchange providers against the latest GBP-TRY mid-rate and the possible savings of using various providers.
How do GBP-TRY rates compare between providers?
Looking at the full
GBP to TRY - Send Money comparison table the provider with the best GBP to TRY exchange rate is OFX at 56.89, -0.51% from the latest mid-market rate 57.18.
The next best is XE at 56.83, -0.61% from the mid-rate.
Then Wise at 56.7, which is -0.84% from the mid-rate.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.