when is best to buy turkish lira and where

littlemac168

littlemac168 Posts: 8 Forumite

10 June 2012 at 12:09PM in Flights, currency & car hire

exchange for lira was 2.8 last week now to 2.7 is this expected to go down the more people buy? ie the further into summer it goes. i am going september and wondering whether to buy holiday money now or wait until nearer the time. i want to get the best value. any ideas of how this rate will go?

wait or buy now?

0

Comments

photome Posts: 16,359 Forumite

10 June 2012 at 1:40PM edited 10 June 2012 at 1:43PM

0
catokelly Posts: 354 Forumite

10 June 2012 at 9:49PM

Nobody knows.... best to keep an eye on the rates on travelmoneymax and when you see the rate go in your favour, buy then!

0
Mint1955 Posts: 685 Forumite

10 June 2012 at 9:52PM

Whatever happens you will get more over there for your GBP. We always take GBP which is widely accepted anyway and change up to TL when we arrive.

Living the dream and retired in Cyprus :j

http://forums.moneysavingexpert.com/showthread.php?t=5105296
0

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

Categories

All Categories
343K Banking & Borrowing
250K Reduce Debt & Boost Income
449.6K Spending & Discounts
235.1K Work, Benefits & Business
607.8K Mortgages, Homes & Bills
173K Life & Family
247.8K Travel & Transport
1.5M Hobbies & Leisure
15.9K Discuss & Feedback
15.1K Coronavirus Support Boards

MSE News

Chase customer? Check if you can get its boosted 5.1% easy-access saver
If you have a Chase current account, you may be able to get a table-topping 5.1% easy-access savings rate to go with it, as the bank has launched a new, temporary bonus offer for some existing customers.
New online state pension boosting tool promised to Martin Lewis hit by delays – here's what you need to know
The tool was first promised to MoneySavingExpert.com founder Martin Lewis on ITV's The Martin Lewis Money Show Live last summer and was expected to launch before the end of the 2023/24 financial year.
Spotify to hike prices by up to £24 a year – here's what's happening
If you've got a Spotify Individual, Duo or Family account you'll see prices rise by up to £2 a month (equivalent to £24 a year) in a month's time, the music streaming service has announced.
Subway customer? You've got until 14 May to use your loyalty scheme points before shake-up – here's what's happening
If you're a Subway Rewards member, you have until the end of Tuesday 14 May to spend any points you've built up – or lose them entirely.
Nearly 850,000 people missed out on cheaper passports last year – here's how to cut costs and beat the upcoming price hikes
Nearly 850,000 people missed out on cheaper passports last year – and with fees rising by 7% this week, here's how to get a new passport for less.
Ted Baker to close 15 stores as it falls into administration – your shopping, refund and gift card rights explained
Fashion retailer Ted Baker will close 15 stores, including 11 by the end of next week, after falling into administration last month. Hundreds of staff are facing redundancy as a result of the administration.
State pension boosting to become easier as new online tool to launch within six months
A new online service designed to simplify how you check and pay for voluntary national insurance contributions is due to launch before the end of this financial year, the Government has confirmed to MoneySavingExpert.com.
NHS prescription costs in England to rise from May – check if you can save now
The charge for a single item will increase by 25p to £9.90 from Wednesday 1 May, the Government has confirmed. If you regularly pay for prescriptions, check if you can save by buying a prepayment certificate now.
NS&I launches 'British Savings Bonds' – but you can get better rates elsewhere
NS&I has launched its 'British Savings Bonds' – three-year fixed rate savings accounts first announced by the Chancellor in his Spring Budget last month. But they'll only pay 4.15% AER – a rate you can easily beat elsewhere.