Turkey Currency

Travelling to or living in Turkey? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the GoCard in Turkey

Open a UK bank account with us and get a GoCard for smarter spending in Turkey. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.

What is the currency in Turkey?

The official currency in Türkiye is the Turkish lira

Denominations: The lira has been Türkiye’s official currency for over a century, with the “new Turkish lira” introduced in 2005.

TRY, ₺

Banknotes

₺5

₺10

₺20

₺50

₺100

₺200

Coins

1

5

10

25

50 kuruş

₺1

How to spend money in Turkey

Cash is widely used, especially in bazaars, taxis, and smaller shops. Cards are accepted in hotels, restaurants, and big stores. Contactless payments are growing, particularly in cities like Istanbul and Ankara.

  • Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Turkey

Authorised exchange offices (Döviz) offer good rates.

Avoid hotels and tourist hotspots—they charge more.

Always pay in lira to avoid extra fees.

Carry small cash for taxis, street food, and markets.

Use TransferGo to send lira directly to Turkish accounts or use your GoCard to withdraw at ATMs and spend without hidden charges.

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Frequently asked questions

What is the official currency used in Turkey?

The Turkish lira (TRY, ₺).

What is the official currency used in Turkey?

Symbol: ₺ | Code: TRY

Can I use my home currency in Turkey?

In tourist zones, you can sometimes pay in EUR or USD. But the better choice is to always pay in lira to avoid poor exchange rates. In border towns, some shops may accept euros or lira from neighbours, but lira is standard.

How can I use my GoCard in Turkey?

Just activate it in the app and start spending—online or in stores.

Is it better to use cash or card when spending in Turkey?

Cards are widely accepted in big cities and hotels, but local markets, taxis, and smaller shops often prefer cash.

Are credit or debit cards widely accepted in Turkey?

Yes, especially in cities and tourist destinations.

Are there ATMs available in Turkey, and are there withdrawal limits?

Yes, in most towns and cities. Withdrawal fees and limits depend on your provider.

Can I use a GoCard in Turkey?

Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.