Ask those that return to Turkey time and time again what it is that keeps them coming back and somewhere in the top 5 reasons you’ll hear “value”.
25 years ago when we first discovered Turkey as a holiday destination there were literally millions of lira to the £. Inflation was out of control and the bank notes changed hands so often that they were disintegrating. In late 2003, the Grand National Assembly of Turkey passed a law that allowed for the removal of six zeroes from the currency and the creation of the new lira.
Since then, with a few odd little swings in either direction, we’ve usually enjoyed an exchange rate of around YTL2.5 for every £1 exchanged and in Turkey 2.5 lira buys you quite a lot! Now, with the rate standing at an amazing 3.19 to the £, dining out, shopping and excursions are even better value. Don’t be tempted to stock up with lira here in Blighty either – there are plenty of ATMs around the town and you don’t need to head to the bank or the Post Office if you want to change sterling. The shops are happy to change money and you’ll get as good a rate there as anywhere.
While many other places in the Med seem to be getting more and more expensive (we were gobsmacked by the cost of everything on our 2-day trip across to Rhodes last season) Turkey is delivering even better value at the moment. Treat yourself to a slap up meal for two on the harbour, somewhere like DoyDoy or Mussaka, and even with a bottle of wine, you’ll see change out of 50 quid. Can’t be bad!
Click here to check out the latest exchange rate.