Understanding the Table:
The comparison table above helps you see the total cost of your HSBC 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’.
British pound (GBP) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/TRY Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average and lacks a clear driver.
GBP/USD Outlook: The outlook is likely to increase as the rate is above its recent average and supported by stronger UK economic data compared to challenges in the US.
USD/TRY Outlook: The USD/TRY rate is bullish, currently trading above its recent average and at near highs, with strong factors supporting upward movement.
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.
The HSBC GBP to TRY exchange rate is 53.55. This is -10.4% compared to the latest GBP-TRY mid-market rate 59.76.
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 HSBC - Sterling to Lira comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest GBP-TRY mid-rate and the possible savings of using various 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 59.47, -0.49% from the latest mid-market rate 59.76.
The next best is XE at 59.41, -0.59% from the mid-rate.
Then Wise at 59.22, which is -0.9% from the mid-rate.
The Western Union rate is 59.17 which is -0.99% from the mid-rate.
Among the banks the Lloyds Bank rate is 52.77 at -11.7% the Royal Bank of Scotland rate is 53.13 at -11.1% and the Barclays Bank rate is 53.46 at -10.5% compared to the mid-rate 59.76.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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.
View a full list of exchange rates by selecting your Base (from) currency:
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