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Best Currency for Turkey

Hello lovely forumites, just popped over from MFW where I usually hang out to ask which currency is best for Turkey.

We have been a few times and I can never remember!

Am I correct in thinking they prefer Euro but then round everything up??

Very grateful for any advice - thank you!
Mortgage balance as of 21.7.21 - £75,766. (7 yr mortgage on 2 yr fix of 1.32%)Mortgage balance as of 20.8.22 - £58,445.08o/p 2021/2022 = £6,313/£7,500o/p so far 2022/2023 = £5,997/£5,997 Goal 1 - to be under 60k by 20.7.22✔️Goal 2 - to op 10% of mortg by 31.12.22✔️Goal 3 - to pay off mortgage by 7.1.2023 (Subject to sale of btl property)✔️Goal 4 - to pay off cc by end of Jan 2023 - £260.64/£1500Goal 5 - to pay off car loan by 31.8.23 - £1722.39/£10,000
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Comments

  • sheilavw
    sheilavw Posts: 1,651 Forumite
    Part of the Furniture 1,000 Posts
    sterling and change it here. we are here in Hisaronu and its 4.45 tl to £ at the moment
  • Biggles
    Biggles Posts: 8,209 Forumite
    1,000 Posts Combo Breaker
    Take a Clarity card and get TRY4.58
  • WAYT
    WAYT Posts: 694 Forumite
    Biggles wrote: »
    Take a Clarity card and get TRY4.58

    or Monzo Prepaid.
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Pay (and discuss price) only in the national currency, Turkish lire. Disregard any ideas of what merchants may 'prefer'. As said, a better rate than cash exchange can be obtained by paying (in lire) or withdrawing from an ATM with a suitable fee-free card.
    Evolution, not revolution
  • steve1500
    steve1500 Posts: 1,458 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    We've always taken £'s & swapped in Turkey
    Private Parking Tickets - Make sure you put your Subject Access Request in after 25th May 2018 - It's free & ask for everything, don't forget the DVLA :D
  • WAYT
    WAYT Posts: 694 Forumite
    steve1500 wrote: »
    We've always taken £'s & swapped in Turkey

    Not better than using the correct plastic to withdraw at the ATM.
  • Gloomendoom
    Gloomendoom Posts: 16,551 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    WAYT wrote: »
    or Monzo Prepaid.

    Prepaid you are giving the card company a free loan.
  • worried_jim
    worried_jim Posts: 11,631 Forumite
    10,000 Posts Combo Breaker
    Monzo or Revolut and just use in shops and ATM's as you would in the U.K. and get the MasterCard rate which is pretty much unbeatable with no fees.

    Revolut does gave a £200 pcm ATM limit but Monzo is a bit more generous. I've travelled the world and turkey using these cards for three years.

    Top up the day before or before you visit the ATM then you aren't giving anyone a free loan.
  • WAYT
    WAYT Posts: 694 Forumite
    Prepaid you are giving the card company a free loan.

    ....and they pay you back by not charging for ATM withdrawals abroad and passing on the full Mastercard exchange rate with no deductions.
  • eDicky
    eDicky Posts: 6,835 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Prepaid you are giving the card company a free loan.
    Unlike banks, prepaid card companies are not permitted to do anything with money deposited.
    Evolution, not revolution
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