Rate direction
British pound to Turkish lira · GBP/TRY trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
GBP to TRY is at 7-day highs near 63.36, 2.2% above its 3-month average of 61.99, having traded in a quite stable 5.0% range from 60.62 to 63.68
Quick GBP/TRY forecast
Currency Forecasts related to GBP/TRY
GBP to TRY Exchange Rate Forecast & Outlook
Currently, GBP/TRY is trading close to its recent highs, supported by risk-off sentiment and geopolitical tensions. The pair is consolidating within its three-month range, with the rate holding near the upper end.
GBP to TRY Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 * :
*Converted at the current GBP-TRY interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
best Send Money conversion rate for GBP to TRY?
The best GBP to TRY exchange rate is 63.16 from Wise. This is -0.25% compared to the mid-market rate 63.32.
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 Wise at 63.16, -0.25% from the latest mid-market rate 63.32.
The next best is OFX at 63.13, -0.3% from the mid-rate.
Then XE at 62.94, which is -0.6% from the mid-rate.
The Western Union rate is 62.37 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 52.63 at -16.9% the Royal Bank of Scotland rate is 53.01 at -16.3% and the Barclays Bank rate is 53.33 at -15.8% compared to the mid-rate 63.32.
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.