How much is a euro to a lira?

Quick Conversions from Turkish Lira to Euro : 1 TRY = 0.06469 EUR

Is it the best time to buy Turkish lira?

When is the Best Time to Buy Turkish Lira? Buying Turkish Lira before you go means you won't need to worry about exchanging money after you land. You'll also avoid more expensive rates at tourist hotspots, where they tend to be less favourable.

Is Turkey lira or euro?

Lira is the currency of Turkey, no reason not to use it. I know there are a lot of German Tourists in Side. It is a poplar resort for them, Possibly why shops accept Euros. A bit like Hisaronu a British Resort where Sterling is accepted.

Can you use euros in Turkey?

However, in order to answer the question, can you spend Euros in Turkey, the answer is yes. As Turkey is very closely linked with Europe the Euro currency is accepted in the country by many traders and therefore it can be spent in the country as part of your holiday spending money if you have spare Euros to spend.

Is Turkey still cheap?

TURKEY is one of the most affordable destinations to head to all year round, but it's actually cheaper than ever right now. That's because the lira has plummeted against the pound by 35 per cent in the last year.

When did the lira change to euro?

The euro banknotes and coins were introduced in Italy on 1 January 2002, after a transitional period of three years when the euro was the official currency but only existed as 'book money'. The dual circulation period – when both the Italian lira and the euro had legal tender status – ended on 28 February 2002.

Why is the Turkish lira losing value?

Among economists, the accelerating loss of value was generally attributed to Recep Tayyip Erdoğan preventing the Central Bank of the Republic of Turkey from making the necessary interest rate adjustments.