(not to be) Missed Turkey & Istanbul Sites and Facts

summer 2009 / more feed with intelligence to refine your tours

November 2010 – US $ to Turkish Lira exchange rate

1U.S. $  = 1.45 lira

1 Euro = 1.95 lira         ( the rates will  fluctuate just  slightly )

US $ will  move between 1.40 – 1.58lira.

Best place to change money in Turkey is anywhere outside the banks of airports.  They charge ridiculous unnecessary commissions at the airport.   In the city there are these free exchance offices , almost anywhere, where you get better value.   That is where you get the best deal.

Traveller’s cheque is a bit difficult to cash , only certain main branches of banks will cash it, vendor’s will prefer credit card ; they will avoid American Express because of high commission rates; a number of them will accept visa or master like cash. But one gets better value by cash in a number of cases in grand bazaar,  as this reduces the ( tax! )  costs of the vendor.

You can make majority of your payments  in US $ or Euros in Turkey , needing local money Lira  few times . You will need lira for museums, but a number of them do accept credit card ( ( including Hagia Sophia ( Ayasofya ) and Topkapi Palace  ( The ticket of the Harem is sold seperately inside the palace, at the entrance of Harem ) , Basilica Cistern.

If you get a pin number for your credit card you can withdraw money from atm’s which are plenty , all over in Istanbul.  In Turkey if you have a pin number you can also use it during a purchase.

In most cases in Turkey  as if you were in the U.S. you pay pay in US dollar ,  or , as  in a European Union you may pay in euro.  At some places they give you a worse rate for foreign currency payment and you may lose money, so it is better to carry lira in such case.

 

February 20, 2010 - Posted by | 1 | , , , , , , , , , , , , ,

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