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 TransferGo card in Turkey

The TransferGo card helps you spend smarter in Turkey. Pay in local shops, withdraw cash from ATMs, and enjoy contactless or virtual payments — all while avoiding hidden bank fees and poor exchange rates. Everything is managed from the app, so you’re always in control of your money.

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 TransferGo card 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 the TransferGo card in Turkey?

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

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 TransferGo card in Turkey?

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