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Author Topic: Exchange Rate  (Read 13759 times)

Offline kalkan4eva

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Exchange Rate
« on: January 16, 2014, 11:15:57 PM »
Can anyone let me know what the current exchange rate is in Kalkan right now?
Just returned from a trip and needed to exchange left over currency and the chatty guy asked if we wished to exchange for GBP or if we have planned our next holiday the currency of that country? I indicated we would be going to Turkey in June and he said they were offering 3.4tl to £......? I almost forgot about the food I was going to buy and nearly bit his hand off.
Are you lucky people out there now getting a better rate that?

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Offline amber

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Re: Exchange Rate
« Reply #1 on: January 17, 2014, 06:50:36 AM »
Around 3.6 at the moment.

Offline Lynne T

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Re: Exchange Rate
« Reply #2 on: January 17, 2014, 07:25:44 AM »
What the feeling on the forum , will this carry on rising ? I know it peanuts but should I buy some for our trip in June .
Lynne

Offline Blue Lizard

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Re: Exchange Rate
« Reply #3 on: January 17, 2014, 09:15:15 AM »
We have been buying it while rate is decent plus it stops us spending it!! ::)
People Of Britain.. When your missus asks "Does my bum look big in this? Never say "Dunno your blocking the light."... just sayin ????

 ta ta for now
Lizard

Offline kalkan4eva

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Re: Exchange Rate
« Reply #4 on: January 19, 2014, 09:43:12 PM »
It's gone up again to 3.5 so we've bought some. As BL says it stops us spending it in the UK  :) :)

Offline Christina

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Re: Exchange Rate
« Reply #5 on: January 20, 2014, 06:55:53 AM »
Just a note of caution to any early visitors - I've noticed that a few of the town centre 'convenience stores' offering a currency exchange service are only giving the same rates as last summer, ie 3.20TL/£, whereas the banks are offering in excess of 3.5TL.

Offline Derbyshire

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Re: Exchange Rate
« Reply #6 on: January 20, 2014, 07:07:21 AM »
Hi in kalkan last Friday in the banks it was 3.61tl  !

Offline Cuddles

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Re: Exchange Rate
« Reply #7 on: January 21, 2014, 05:15:17 PM »
What the feeling on the forum , will this carry on rising ? I know it peanuts but should I buy some for our trip in June .
Lynne

No, don't buy now. It will carry on rising while the UK's economic news is better and Turkey's government is in trouble. When I last looked it was 3.74346TL to the £1. Expect 3.90 by June and more by September.
« Last Edit: January 22, 2014, 11:59:12 AM by BubblesG »
There - over there, there are.            To - Going to
Their - belongs to them.                     Too - In addition, Also
They're - Short for they are.

Pedant! me?

Offline Cuddles

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Re: Exchange Rate
« Reply #8 on: January 23, 2014, 04:03:55 PM »
Well, even my conservative prediction on Tuesday, which I modified yesterday as the rate went up, looks as though it is way off the mark. The rate right now is 3.81779 and rising.

Offline amber

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Re: Exchange Rate
« Reply #9 on: January 23, 2014, 07:08:28 PM »
3.60 advertised outside Lucky Supermarket today.

Offline Christina

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Re: Exchange Rate
« Reply #10 on: January 23, 2014, 10:36:41 PM »
3.60 advertised outside Lucky Supermarket today.
It's about time Lucky increased their rates. They used to be a convenient alternative to having to use the banks to exchange sterling for TL, but last week they were only offering me 3.20 when the previous day I got 3.54 at Denizbank. I did mention this to them so maybe they now realise they have to remain reasonably competitive if they want to continue offering this facility.  Just to add, I'm a big fan of Lucky Supermarket - which is my local. Prices are generally low, they have a great product range, and the guys are always welcoming.

Offline Cuddles

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Re: Exchange Rate
« Reply #11 on: January 27, 2014, 09:28:45 AM »
Well, even my conservative prediction on Tuesday, which I modified yesterday as the rate went up, looks as though it is way off the mark. The rate right now is 3.81779 and rising.

Yes, way off the mark. This morning it is showing as 3.92120! So what are the odds for 4.10 - 4.20 by June? Very good I think.

Offline Lynne T

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Re: Exchange Rate
« Reply #12 on: January 27, 2014, 06:53:10 PM »
BubblesG is this this the rate in Kalkan ? Or on the net ?
4.20 would be just fine for me in June
Lynne

Offline Derbyshire

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Re: Exchange Rate
« Reply #13 on: January 27, 2014, 07:27:15 PM »
Exchange  rate in kalkan today at bank is 3.86

Offline Cuddles

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Re: Exchange Rate
« Reply #14 on: January 27, 2014, 10:34:20 PM »
BubblesG is this this the rate in Kalkan ? Or on the net ?
4.20 would be just fine for me in June
Lynne

That is the bank bulk exchange rate but, you should be able to get it in the UK if you exchange around £500,000. Although, the banks in Kalkan usually give very close to this bulk rate for all exchange.

Tonight the rate has dropped to 3.78548.

Offline amber

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Re: Exchange Rate
« Reply #15 on: January 28, 2014, 04:23:49 AM »
Lets hope the government can get the economy under control quickly.This is madness.

Offline Bdancer

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Re: Exchange Rate
« Reply #16 on: January 28, 2014, 11:53:50 AM »
Various recent financial articles are saying the Turkish Central bank will step in with an emergent interest rate raise hike to stabilise it, so might be good to buy lira before that happens
Isis

Offline Cuddles

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Re: Exchange Rate
« Reply #17 on: January 29, 2014, 08:03:21 AM »
At 3.61021 this morning. A massive change in just 48 hours.

Offline hobbo

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Re: Exchange Rate
« Reply #18 on: January 29, 2014, 08:55:38 AM »
Turkish bank has doubled the interest rate in an attempt to stabilise the currency. 
I have a very responsible position...
When anything goes wrong I’m responsible!!

www.villa-in-kalkan.co.uk www.gyrapix.co.uk

Offline Bdancer

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Re: Exchange Rate
« Reply #19 on: January 29, 2014, 09:56:09 AM »
Been monitoring it on this website which gives up-to-date news. http://www.newsnow.co.uk/h/World+News/Asia/Turkey/Economy. We also sent emails to our guests earlier in the week to inform them that they might want to consider buying lira now.
Isis




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