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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
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.
Yes, 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.
- Cost Savings: Avoid high international roaming fees by using local rates.
- Local Number: Having a local Turkish phone number can be convenient for making reservations and contacting local services.
- Better Coverage: Local SIM cards often provide better network coverage and data speeds within Turkey.
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.
Istanbul stands as the most luxurious and expensive city in Turkey. Known not only as the country’s largest and most popular metropolis, Istanbul is also the leading cultural and financial hub. The city’s high cost of living reflects its status, offering an array of upscale neighborhoods, world-class amenities, and a vibrant lifestyle that attracts both locals and international visitors. Istanbul’s blend of historical grandeur and modern sophistication makes it the epitome of luxury in Turkey.
Turkey, situated at the crossroads of Asia and Europe, follows the Eastern European Time (EET) zone. This time zone is GMT+2, meaning it is 2 hours ahead of London (Coordinated Universal Time (GMT/UTC)), 7 hours ahead of New York, and 10 hours ahead of Los Angeles, except during the spring-to-autumn Daylight Saving Time.
Turkish Time Zones: Eastern European Time (EET)
Standard Time (November to March)
- Turkey is 2 hours ahead of GMT (GMT+2).
Daylight Saving Time (April to October)
- Turkey advances its clocks by one hour, shifting to GMT+3.
Daylight Saving Time in Turkey
- Begins: The last Sunday in March, with clocks turned ahead one hour.
- Ends: The last Sunday in October, with clocks turned back one hour.
Time Comparison
When it’s noon in Turkey, the local times in various global cities are as follows:
Location April-October November-March Istanbul & Ankara 12 noon 12 noon Paris, Rome 11 am 11 am London 10 am 10 am New York 5 am 5 am Los Angeles 2 am 2 am Hong Kong, Perth 6 pm 5 pm Sydney 8 pm 7 pm Auckland 10 pm 9 pm World Time Zone Map
A world time zone map can be highly beneficial for understanding global time differences, planning travel, or coordinating international meetings.
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