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exchange rate... Best to do it in the UK or not!

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Dreamydiver



Joined: 30/08/2010
Posts: 306

Message Posted:
22/07/2011 09:43

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Message 1 of 14 in Discussion

What is the going exchange rate in TRNC at the mo?

I ask because on the news this morning is was advised to avoid changing money up in to tl here but to do it abroad.

Didn't specify rates or the TRNC so am not sure which is the best way to go.



teatime


Joined: 20/10/2008
Posts: 852

Message Posted:
22/07/2011 09:48

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Message 2 of 14 in Discussion

2.7 tl to 1 just click the link for Money exchange ad at the top of the page where they give current rates. I would say that it is always best to change your currency here rather than in the UK.



Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
22/07/2011 09:54

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Message 3 of 14 in Discussion

Its a good day to nip down to your Exchange and buy a load of TL, that's for sure. You don't see 2.73 to the 1 very often.



T1



gooligan


Joined: 30/01/2007
Posts: 1591

Message Posted:
22/07/2011 09:55

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Message 4 of 14 in Discussion

Always exchange your currency in Cyprus,rates can be viewed here



http://www.monexcyprus.com/?cyprus44



Tango1


Joined: 19/02/2011
Posts: 1151

Message Posted:
22/07/2011 09:56

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Message 5 of 14 in Discussion

Msg. 3. I meant to make it clear ........... a TRNC Exchange not UK one!!



Whistler


Joined: 28/07/2008
Posts: 1332

Message Posted:
22/07/2011 10:52

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Message 6 of 14 in Discussion

It does make you wonder if we are heading for a crash? Worried about our money invested in TL. I know it`s not a good time to change back to sterling right now, but am wondering just how far this is going to go.

Need to change back to sterling pretty soon. Anyone have a crystal ball?



eager


Joined: 23/02/2007
Posts: 1272

Message Posted:
22/07/2011 11:41

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Message 7 of 14 in Discussion

Depending on what rate you got when you went into Lira, its being kept artificially low to help exports at the moment



scootex



Joined: 03/03/2009
Posts: 908

Message Posted:
22/07/2011 11:47

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Message 8 of 14 in Discussion

wait until November /Dec come reckon it will be back to 2.3-.2.4 range



Jonesy299


Joined: 07/02/2009
Posts: 367

Message Posted:
22/07/2011 14:53

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Message 9 of 14 in Discussion

I for one will be making use of the current exchange rates in exchanging sterling for TL.



hodgeliz


Joined: 16/10/2010
Posts: 278

Message Posted:
22/07/2011 15:00

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Message 10 of 14 in Discussion

I seem to remember several years ago the exchange rate hitting 3.06tl to the and then it went back over a period of several months to about 2.5



But to answer your question again def change your sterling in TRNC, the present rate most places in the UK are around 2.48 -2.54



Woodspeckie


Joined: 25/01/2009
Posts: 2263

Message Posted:
22/07/2011 17:13

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Message 11 of 14 in Discussion

2.60 today local town exchanges in UK.



bondyboy


Joined: 15/05/2009
Posts: 67

Message Posted:
22/07/2011 17:52

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Message 12 of 14 in Discussion

2.78 tl to pound losted 3% in todays loseing badly now



bondyboy


Joined: 15/05/2009
Posts: 67

Message Posted:
22/07/2011 17:56

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Message 13 of 14 in Discussion

2.75 tl now could go to 3 again



scruff


Joined: 15/07/2008
Posts: 1070

Message Posted:
22/07/2011 20:51

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Message 14 of 14 in Discussion

The Lira is currently weak because the Turkish Central Bank should really be increasing deposit interest rates & isn't. A bit of a carbon copy of the UK. currently.



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