What currency do Turkish use?
Turkey’s official currency is the Turkish lira (TRY). It is the only legal tender accepted in the country, and all transactions must be conducted using this currency. The Turkish lira is used for everyday purchases, including groceries, transportation, dining out, and more.
FAQs about the currency used in Turkey:
1. Can I use a different currency in Turkey?
While some businesses in popular tourist areas may accept euros or US dollars, it is best to have Turkish lira for most transactions. Using a different currency may result in unfavorable exchange rates and additional fees.
2. Where can I exchange my currency for Turkish lira?
Currency exchange offices, known as “döviz bürosu,” can be found in various locations throughout Turkey. Airports, tourist areas, banks, and shopping centers usually offer currency exchange services.
3. Can I exchange money at hotels?
Most hotels have currency exchange services, but the rates may not be as favorable as those offered by specialized exchange offices. It is recommended to compare rates before making a decision.
4. Can I withdraw Turkish lira from ATMs in Turkey?
ATMs are widely available in Turkey, and they allow you to withdraw Turkish lira using your debit or credit card. However, be mindful of any usage fees your bank may charge for international transactions.
5. Should I exchange a large amount of money before visiting Turkey?
It is advisable to exchange a small amount of money before arriving in Turkey to cover immediate expenses. However, it is not necessary to exchange a large sum as you can easily access ATMs or currency exchange offices once you arrive.
6. Are credit cards widely accepted in Turkey?
Credit cards like Visa and Mastercard are widely accepted in major cities, shopping malls, hotels, and restaurants. However, it is recommended to carry some cash, especially when visiting smaller towns, local markets, or smaller establishments.
7. Can I use traveler’s checks in Turkey?
Traveler’s checks are not commonly used in Turkey, and it may be challenging to find places that accept them. It is best to rely on cash or credit cards for most transactions.
8. What denominations are available for Turkish lira?
Turkish lira banknotes come in denominations of 5, 10, 20, 50, 100, and 200 lira. Coins are available in 5, 10, 25, and 50 kurus, as well as 1 lira.
9. Can I use foreign coins in Turkey?
Foreign coins, such as euros or US dollars, are not accepted as legal tender in Turkey. It is advisable to exchange them for Turkish lira at a currency exchange office if needed.
10. Are there any restrictions on bringing money into or out of Turkey?
There are no restrictions on bringing money into or out of Turkey. However, if you are carrying more than 10,000 euros or its equivalent in cash, you are required to declare it to customs.
11. Is it safer to carry cash or use cards in Turkey?
It is generally safe to carry both cash and cards in Turkey. However, it is wise to take necessary precautions and avoid displaying large amounts of cash or exposing your PIN while using ATMs.
12. Can I exchange Turkish lira back to my currency when leaving Turkey?
If you have excess Turkish lira when leaving Turkey, you can exchange them back to your currency at currency exchange offices located at airports or in major cities. It is advisable to keep the exchange receipts if you plan to do so.