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The author(s) and publisher of VisitTurkey.in have made every effort to ensure that the information on this site is accurate and up to date at the time of publication. However, they accept no responsibility or liability in contract, tort, negligence, breach of statutory duty, or otherwise for any inconvenience, loss, damage, costs, or expenses of any nature whatsoever incurred or suffered as a result of any advice or information contained on this site (except to the extent that such liability may not be excluded or limited as a matter of law).
Before traveling to Turkey, it is advisable to verify all information locally, including but not limited to transport, accommodation, shopping, and dining details. Users of VisitTurkey.in are entirely responsible for their own health, well-being, and belongings, and should always exercise caution while traveling.
Common Questions
Recently, a significant change was announced regarding taxi fares in Ankara. The Ankara Metropolitan Municipality has implemented an increase in taxi rates, affecting both the initial fare when entering a taxi and the standard fare for short-distance rides. Under the new pricing structure, the taximeter opening fare has been raised to 35 Turkish Lira, while the base fare, often referred to as the “bindi-indi” fee for short trips, has been increased to 100 Turkish Lira.
Ankara Taxi Fare Increase
Reasons Behind the Fare Increase
The decision to raise taxi fares in Ankara comes amid rising operational costs for taxi drivers, including fuel prices, vehicle maintenance, and general living expenses. The fare hike aims to ensure that taxi services remain viable for drivers while continuing to offer safe and reliable transportation options for passengers.
Impact on Passengers and Drivers
This fare adjustment is expected to have several implications for both passengers and taxi drivers in Ankara. For passengers, the increase means higher costs for short and long-distance trips, potentially leading to a shift in transportation choices, with some opting for public transit or ride-sharing services. For drivers, the fare hike provides a necessary boost to their income, helping to offset the higher expenses they face due to inflation and other economic pressures.
Ankara Taxi Fare Increase
While the fare increase may be met with mixed reactions, it reflects a broader trend of adjusting public transportation prices in response to economic conditions. The Ankara Metropolitan Municipality has stated that the new rates are part of an ongoing effort to balance the needs of taxi operators with those of the city’s residents, ensuring a fair and sustainable transportation system for all.
When traveling to Turkey, it’s essential to familiarize yourself with the local currency to ensure a smooth and hassle-free experience. Here is a comprehensive guide to the Turkish Lira and tips on handling money during your stay.
The Turkish Lira: Overview
Official Currency
The official currency of the Republic of Turkey is the Turkish Lira, abbreviated as TL. The Turkish Lira is divided into subunits called kuruş.
Currency Denominations
- Paper Currency: Comes in 5, 10, 20, 50, 100, and 200 TL notes.
- Metal Currency: Available in 5, 10, 25, and 50 kuruş coins, and 1 Lira coins.
Design Features
- Front Face: Images of Mustafa Kemal Ataturk, the founding father of the Turkish Republic, adorn the front face of all money notes.
- Back Side: The reverse side of the notes features prominent names and places from Turkish culture.
Exchanging Currency
Conversion
Currencies of foreign countries can be converted into Turkish Lira at exchange offices and banks. The daily exchange rate is determined by the Turkish Central Bank.
Widely Accepted Currencies
Apart from Turkish Lira, strong currencies such as the U.S. Dollar and Euro are widely accepted by large shopping centers, hotels, and restaurants. However, it is advisable to carry some Turkish Lira with you at all times for your convenience, especially in smaller towns and rural areas.
Tips for Handling Money in Turkey
- Carry Turkish Lira: Always have some Turkish Lira on hand for small purchases and in areas where foreign currencies are not accepted.
- ATMs and Credit Cards: ATMs are widely available and allow withdrawals in Turkish Lira. Credit and debit cards are accepted in most places, but having cash can be handy.
- Exchange Rates: Check the current exchange rates and compare options at different exchange offices and banks to get the best rate.
Visitors can withdraw money in Turkish Lira (TRY) as well as Euros (EUR) and U.S. Dollars (USD) from many ATMs across Turkey. However, Turkish Lira is the most commonly dispensed currency.
Bebek is widely regarded as the fanciest area in Istanbul. Nestled along the Bosphorus, Bebek is known for its luxurious villas, upscale residential communities, and stunning waterfront views. It is one of the most expensive neighborhoods in the city, attracting wealthy residents and offering an exclusive, high-end lifestyle. Another prestigious area is Üsküdar, where real estate prices are notably high, particularly near the Bosphorus, offering a mix of luxury villas and elegant apartments with breathtaking views.
Traveling to Turkey and need access to cash? You’ll find that withdrawing money from ATMs is a convenient and straightforward process. Here’s what you need to know:
Using ATMs in Turkey
Currencies Available:
- Visitors can withdraw money in Turkish Lira (TRY) as well as in Euros (EUR) and U.S. Dollars (USD) from many ATMs across Turkey. However, Turkish Lira is the most commonly dispensed currency.
Language Options:
- The majority of ATMs offer English and other language options, making it easy for foreigners to navigate the transaction process.
Steps to Withdraw Money
- Insert Your Card:
- Insert your debit or credit card into the ATM. Most ATMs in Turkey accept international cards such as Visa, MasterCard, and Cirrus.
- Select Language:
- Choose your preferred language for the transaction. English is widely available.
- Enter PIN:
- Enter your personal identification number (PIN) as prompted.
- Choose Transaction Type:
- Select the type of transaction you wish to perform. For withdrawing cash, choose the ‘Withdrawal’ option.
- Select Currency and Amount:
- Choose the currency (TRY, EUR, or USD) and enter the amount you wish to withdraw.
- Complete Transaction:
- Confirm the transaction and collect your cash, receipt, and card from the machine.
Tips for Using ATMs
Notify Your Bank:
- Before traveling, inform your bank about your trip to Turkey to avoid any issues with your card being blocked for suspicious activity.
ATM Locations:
- ATMs are widely available in cities, towns, and tourist areas, including airports, hotels, shopping centers, and banks.
Fees and Exchange Rates:
- Be aware of potential fees for international transactions, which may include a withdrawal fee from your home bank and a fee from the Turkish ATM operator. Additionally, exchange rates may vary, so check with your bank for the most favorable rates.
Daily Withdrawal Limits:
- Note that there may be daily withdrawal limits imposed by both your home bank and the ATM operator. It’s a good idea to check these limits in advance.
Security Tips:
- Use ATMs located in well-lit, secure areas, preferably inside bank branches or busy public places.
- Shield your PIN when entering it.
- Be cautious of skimming devices and report any suspicious activity to the bank.
The most visited city in Turkey in 2024 is Istanbul. As one of the world’s top tourist destinations, Istanbul continues to attract millions of visitors each year. In the first four months of 2024 alone—January, February, March, and April—Istanbul welcomed a total of 5,244,936 foreign visitors, according to the Turkish Ministry of Culture and Tourism. This underscores the city’s enduring appeal as a cultural and historical hub.
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