Turkey Currency Guide

Turkey's official currency is the Turkish Lira, abbreviated as TRY and shown with the symbol ₺. One lira is divided into 100 kuruş. Smaller values appear as coins and larger values as banknotes, with the notes distinguished by different colors and sizes so they are easy to tell apart.

The lira is a floating currency, so its value against the euro, US dollar, and British pound changes daily. Because rates move, it is worth checking the current exchange rate shortly before you travel and again once you arrive, rather than relying on an older figure.

In Istanbul and other tourist areas, credit and debit cards are accepted almost everywhere, including hotels, restaurants, larger shops, museums, and many attractions. Contactless payments are common, and cards are usually the most convenient choice for larger purchases.

That said, cash still has its place. Small family-run cafes, neighborhood markets, street food vendors, some taxis, and bazaar stalls may prefer or require it, and it is essential for tipping. A sensible approach is to pay by card where you can while keeping a modest amount of lira on hand for everyday small purchases.

ATMs are plentiful in cities, at airports, and in tourist districts, and they are usually the easiest way to get lira. Most machines offer an English menu and accept international cards on the major networks. For safety and better rates, use ATMs attached to established banks rather than standalone machines in isolated spots.

When an ATM offers to charge you in your home currency instead of lira, decline the conversion and choose to be charged in lira. This lets your own bank set the exchange rate, which is generally more favorable. It is also wise to tell your bank you are traveling so your card is not blocked for unusual activity, and to be aware that some machines and home banks may add withdrawal fees.

You can change foreign cash at banks and at dedicated exchange offices, known locally as döviz offices, which are common in city centers and shopping areas. Exchange offices are often quick and competitive, while banks can be a reliable option if you prefer a formal setting, though they may involve more paperwork and shorter hours.

Wherever you exchange, compare the buy and sell rates on display, ask whether any commission applies, and count your money before leaving the counter. It is generally best to avoid changing large sums at airports or hotels, where rates tend to be less favorable, and to bring clean, undamaged banknotes if you are exchanging cash.

Tipping in Turkey is customary and appreciated, though it is modest and never obligatory. In restaurants, leaving a small amount for good service is the norm; check first whether a service charge has already been added. In cafes and casual spots, rounding up or leaving small change is a friendly gesture.

Small tips are also welcome for other services, such as hotel porters and housekeeping, tour guides and drivers who look after you well, and spa or hammam attendants. Rounding up the fare is a common courtesy for taxis. Tips are best given in lira and in cash so the person receives them directly.

Turkey can suit a wide range of budgets, and a few habits will help you keep spending in check. Carry a small amount of cash for daily needs while using cards for bigger costs, and withdraw larger sums less often rather than making many small withdrawals, which can add up in fees.

Keep some money in reserve for tips, taxis, and small vendors, and set aside a little for the friendly haggling that is part of shopping in the bazaars. Storing your cash in more than one place, such as a wallet and a separate secure spot, is a smart precaution while you explore.