Exchange Rate

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
30/04/2008 17:52

Can anyone tell me what the current exchange rate is here for sterling. Got a friend coming on Saturday and want to confirm whether it is better for her to change here rather than in UK.



Thanks.



Jo

breezyboy


Joined: 14/05/2007
Posts: 1179

Message Posted:
30/04/2008 18:13

Hi

Today is 2.53

If you need to check it look at Garanti Bank site it is updated regularly and what you see is what you get. It is always better than UK travel exchanges. Even some hotels will give you that rate without commission.

BB

joandjelly


Joined: 24/02/2008
Posts: 2953

Message Posted:
30/04/2008 18:19

Thanks Breezyboy. She was going to buy from M&S at 2.38 so she will be pleased.



Jo

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
30/04/2008 19:30

Never buy YTL in the UK you will (almost) always get a better rate here.



When here do not use banks to exchange use one of the several exchanges scattered a round Girne.



If stuck you can always pay in most shops, bars etc in Sterling or Euros and again (almost) always will get a beneficial rate.

orangekazzie



Joined: 31/07/2007
Posts: 1091

Message Posted:
30/04/2008 19:44

I totally agree with Cyprusishome. Bring sterling and exchange it here.

Karen

tonyhickey



Joined: 13/06/2007
Posts: 413

Message Posted:
30/04/2008 21:08

If this helps got 500 new turkish lira for£209.26. The rate is from the Post office is 2.3895 which includes commission .

We don’t arrive until late on a Sunday night so need some cash

tony

TimothyCadman


Joined: 13/12/2007
Posts: 1040

Message Posted:
30/04/2008 21:23

Agree with the above comments. ALWAYS bring as much STERLING as you can with you. On average you will get 7.5% to 10% more Lira to the Pound than exchanging it in the UK and that includes commission charges.

MattC1983


Joined: 30/03/2008
Posts: 1

Message Posted:
01/05/2008 10:28

Do you get a better exchange rate by just using a cash machine or is it best to exchange your money before you leave?



Matt

ukturk



Joined: 01/09/2007
Posts: 1974

Message Posted:
01/05/2008 10:34

hi matt

welcome to the forum, not sure if you have noticed this thread or many other before this, but its better to bring your sterling and change it once you are in cyprus at any bank or change office and only change a bit before you leave if you need it to pay for a taxi or in case of emergency, you can use your card and withdraw money from a atm but the exchange rate is normally quite less than you changing it personally

hope this helps

regards

ukturk

bjrice


Joined: 08/04/2008
Posts: 53

Message Posted:
01/05/2008 14:09

do you know where i can change money in the tatlisu area

AndyP



Joined: 18/04/2008
Posts: 517

Message Posted:
02/05/2008 13:16

You can also see the rate on this site about half way down on left. It has a direct link into the bank so will change whenever the bank changes.

http://www.donaghyandbeyler.com/

dodger



Joined: 29/07/2007
Posts: 1895

Message Posted:
02/05/2008 16:34

Hi All,

Will be staying close to Girne next month where would be the best place to exchange sterling,

Regards,

Paul.

HarryHornet



Joined: 18/07/2007
Posts: 291

Message Posted:
02/05/2008 16:51

in girne just past the round tower opposite side of road ,2 sisters run a small

exchange used the for 2 years always good rate.

harry

brian24001


Joined: 23/03/2008
Posts: 606

Message Posted:
02/05/2008 17:20

If you want to follow the trend to decide when to change money, the BBC link is useful

Can view intra day/monthly/3 monthly/12 month trends



http://newsvote.bbc.co.uk/2/shared/fds/hi/business/market_data/currency/11/11679/default.stm

newlad



Joined: 02/03/2008
Posts: 7819

Message Posted:
02/05/2008 19:46

Thanks Brian and Harry for the useful info,

Regards,

Paul.

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
03/05/2008 10:50

We're going to be staying near Bogaz, where would be the best/nearest place for us.

Thanks

kavenkoy


Joined: 10/04/2008
Posts: 1787

Message Posted:
04/05/2008 09:17

tiggy



why not just pay for meals and supermarket bits with sterling and then use small change for bits ,i allways do that and sterling is nearly allways the best deal of the day .



kav

pilgrim



Joined: 11/05/2007
Posts: 1404

Message Posted:
04/05/2008 11:44

Tiggy provincial bank , close to Troy lake always fair. Lemar supermarket happy to take GBP and give YTL change, as Kavenkoy says works most places.

regards

p

Tiggy


Joined: 25/07/2007
Posts: 1994

Message Posted:
10/05/2008 22:56

Thanks for the tips. Sorry for delay in replying, just back from sunny Ireland!