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Author Topic: Exchange rate  (Read 10943 times)

Offline pw

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Exchange rate
« on: June 26, 2016, 09:36:20 AM »
Can anyone currently in Kakan give us an update on the current exchange rate on the street please?

TIA

pw

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chickengeorge

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Re: Exchange rate
« Reply #1 on: June 26, 2016, 11:47:52 AM »
I've seen 3.85 - 3.90. The restaurants answer to this less favourable exchange rate - bump prices up.

Offline Babs

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Re: Exchange rate
« Reply #2 on: June 26, 2016, 11:49:13 AM »
Really? I can't imagine restaurant owners having changed their prices over the space of two days?

Offline Chris_S

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Re: Exchange rate
« Reply #3 on: June 26, 2016, 02:23:57 PM »
Rate goes up - response: raise prices.

Rate goes down - response: raise prices.

Sounds like they're getting ready to join the EU >:D
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chickengeorge

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Re: Exchange rate
« Reply #4 on: June 26, 2016, 04:35:00 PM »
One popular restaurant has just put a new menu out mid season. My favourite dish was up 25%. I don't get it (anymore 🙂)

Offline pw

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Re: Exchange rate
« Reply #5 on: June 26, 2016, 05:18:11 PM »
I can understand that businesses want to take as much cash as they can especially when visitor numbers are down but they don't have much of a clue about economics!
I'd have thought the tried and tested method of reducing price to increase footfall would be a better model when there's reduced numbers of visitors and supply outstrips demand.

Anyway, thanks for your feedback. I'll be there in less than 2 weeks and can't wait to do my bit to boost the economy.

pw
« Last Edit: June 26, 2016, 07:25:42 PM by pw »

Offline DRBD

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Re: Exchange rate
« Reply #6 on: June 26, 2016, 06:49:12 PM »
Several places have 'just' devised a new menu with price increases, very greedy. For those of us who live here very annoying, so we will be eating in more or just going where the prices are good. 
Age & Treachery will overcome Youth & Skill

Offline Chris_S

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Re: Exchange rate
« Reply #7 on: June 27, 2016, 10:24:21 AM »
The rules of supply and demand only apply when extra profit can be made.

The rules are flexible, arbitrary, and generally designed to impact the customer.

If an establishment chooses to follow such practices, you can, like any other freedom of choice, vote with your wallet.

(Does not apply to EU system rules, where encouragement to vote again in order to get the right result may/will occur)

Offline Anne

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Re: Exchange rate
« Reply #8 on: June 27, 2016, 08:10:20 PM »
I saw the Aubergine had actually reduced its rates and had been quite busy as a consequence. Is this still the case or have they also now raised prices? I am now back home and my son is arriving at the weekend and I was going to tell him to go to the Aubergine, but won't if they too have put their prices up


Offline bankieken

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Re: Exchange rate
« Reply #9 on: June 27, 2016, 10:31:28 PM »
Several places have 'just' devised a new menu with price increases, very greedy. For those of us who live here very annoying, so we will be eating in more or just going where the prices are good. 

Name and shame please.  We are out in 2 weeks and will support local business but won't be held to ransom.

Offline Trunks

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Re: Exchange rate
« Reply #10 on: June 27, 2016, 10:53:47 PM »
Agreed. Out there myself in a few weeks and would appreciate a couple of hints. Please also advise re cost of a bottle of Efes, usually found Fotos Pizza has the cheapest beer of all the eateries.

Offline DRBD

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Re: Exchange rate
« Reply #11 on: June 28, 2016, 06:39:35 AM »
Yes Aubergine did reduce their prices but from friends who have just recently been it seems they have raised them again, the food sadly wasn't very good & the service was poor.

Offline Chris_S

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Re: Exchange rate
« Reply #12 on: June 28, 2016, 10:24:45 AM »
I didn't realise all these businesses bought their produce, paid their wages and bills in Sterling.

I'll bet the things they buy and sell in TL haven't changed much!

That said, I can accept the ones that do price in Sterling will have to adapt to compensate.

But the TL prices?  Shades of opportunism!

Wonder what's happening in the more EU-centric resorts that have hordes of Germans occupying the sunbeds - I'll bet their prices aren't so volatile >:D

Offline tonye1960

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Re: Exchange rate
« Reply #13 on: June 28, 2016, 10:25:11 AM »
I'm out on Saturday for the first time, so name and shame would help.
Tony

Offline tonye1960

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Re: Exchange rate
« Reply #14 on: June 28, 2016, 10:26:59 AM »
One other thing I booked my airport transfer a while back to be paid in resort in sterling. Will they be after more money off me?
Tony

Offline 9yearsinkalkan

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Re: Exchange rate
« Reply #15 on: June 28, 2016, 02:13:49 PM »
Hi Tonye 1960.....
No, you will be fine to pay the same sterling amount. All airport transfer companies price in STG and I would expect this to show on that particular companies website. Most charge the same amount for single and return journeys.

I think you state its your first time out to Kalkan, I'm sure you will have a great time and find the people charming, honest and will help in any way they can. All of the restaurants will have their prices displayed, so you can make your own choice.
Enjoy.......!!!!

Offline Trunks

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Re: Exchange rate
« Reply #16 on: June 30, 2016, 12:38:41 AM »
Bump.

Any news on price hikes in restaurants and can anyone elaborate on the cost of a beer in a couple of venues ? Thanks  ???

Offline DRBD

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Re: Exchange rate
« Reply #17 on: June 30, 2016, 07:06:42 AM »
The cost of an Efes is anything from 9tl ........16tl depending on where you go, from our personal knowledge.  There are price rises in some restaurants & revised menus, but then if concerned you should check the prices before committing your custom. Infact if more people did query the menu & prices at the door to restaurants perhaps some of the owners would get the 'message' & not be so complacent in these difficult times. Putting up prices is not necessarily the way to make more money, especially if the standard of the food served is lower. 

chickengeorge

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Re: Exchange rate
« Reply #18 on: June 30, 2016, 01:41:57 PM »
Agree with DRBD. Went to Aubergine today where Efes had been on offer previously. Now 15tl with 25% discount during some times, so still 12tl. I mentioned it was still too expensive just so it plants a seed. It's ridiculous that people should be paying £4 for an efes. Tourists will not only be driven away by the current problems but also by the prices.

Offline DRBD

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Re: Exchange rate
« Reply #19 on: June 30, 2016, 02:28:19 PM »
There a quite a few Turkish tourists about Kalkan at this time as it's their holiday season,  although many of them won't be drinking Efes etc nor will they be paying high prices for their meals😉😉😉😉


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