Current exchange rates in northern cyprus

knightrider



Joined: 26/01/2009
Posts: 91

Message Posted:
09/10/2010 17:06

Hi again all



Travelling to TRNC in a few weeks & would like to know the best current exchange rates from sterling as I will be getting all of my currency on arrival ?



Furthermore where would be the best place to go as I will be staying at the Pia Bella hotel so centrally located in Kyrenia.



Any info or help most appreciated.

crofter


Joined: 16/12/2008
Posts: 1035

Message Posted:
09/10/2010 17:17

Current rate of exchange is 2.21TL to the £1.



Best rates are always at the exchange office next door to the GokTur Travel Agency. From the Pia Bella get on to the main road and head for the central water fountain roundabout. Straight on and on your left is the exchange place.

knightrider



Joined: 26/01/2009
Posts: 91

Message Posted:
10/10/2010 13:07

Hi crofter



Man thanks for the info but looks like the TL is falling & has been for a few months now although only by a few pennies here & there but hope it may pick up slightly before I go over there on 7th November but do you recommend I get all my currency over there & furthermore when I pick up my car from pacific rentals I pay in Sterling or TL ?



I assume it is better to pay in Sterling ?



Any help guys most appreciated.



Kindest regards

K

Groucho



Joined: 26/04/2008
Posts: 7993

Message Posted:
10/10/2010 13:43

"but looks like the TL is falling & has been for a few months now"



The TLhas been on the rise for a few months... that's why you get less for your pound.

fiendishpaul


Joined: 18/05/2008
Posts: 1720

Message Posted:
10/10/2010 14:02

Knightrider



Most of the exchange shops will give you 0.01 or 0.02 above what the banks will give you. In all honesty, unless you are changing 1000's of pounds, it doesn't make a huge difference. An increase of 0.01 in the exchange rate will give you an additional 10TL (or 2 beers) for every £1000 that you exchange.



Paul

Pugwash


Joined: 06/09/2010
Posts: 1797

Message Posted:
10/10/2010 14:56

The TL is very stable now, more so than the pound or dollar it is only reacting to changes in these currency's in the world market,



I would rather have money in TL than most other currencies at present.