is it better to use lira or euro in turkey

Using Lira vs Euros in Turkey A 2023 Traveler’s Guide

When visiting Turkey, you have the option to pay either in the local Turkish lira (TRY) or in euros (EUR). But is it better to use lira or euro when traveling in Turkey? This comprehensive guide examines the pros and cons to help you decide.

TL;DR – It is generally better to use lira when in Turkey unless you are in a major tourist hub The lira will provide maximum value and acceptance Carry some euros as a backup.

The Turkish Lira – Widely Accepted Local Currency

The Turkish lira is the official currency of Turkey and the one that is most widely accepted for payments throughout the country, Some key benefits of using lira include

• Getting the Best Exchange Rates – You’ll get better exchange rates when withdrawing lira from an ATM or exchanging foreign cash into lira compared to directly spending euros or dollars. The difference can really add up over the course of a trip.

• Avoiding Commission Fees – Vendors typically won’t charge any commission fees when you pay in lira. But they often tack on 5-10% when you pay in euros or dollars to account for their currency exchange costs.

• Easier Budgeting – Sticking to the local currency makes it easier to stick to a trip budget. You’ll have a better sense of what things “should” cost rather than trying to constantly translate euro prices in your head.

• Wider Acceptance – While not universal, more businesses, especially local shops, transportation, cafes, etc. are likely to accept the Turkish lira over euros.

• Cultural Immersion – Using the local currency adds to the cultural experience and is appreciated by residents. You may even get better service in some instances.

The lira particularly makes sense when visiting more off-the-beaten-path destinations in Turkey where euros are less commonly accepted. Even in the major cities like Istanbul and Ankara, you’ll get more bang for your buck by using lira.

Situations Where Euros Are Okay

In certain situations, it can be okay to pay in euros when visiting Turkey:

• At Major Tourist Sites – Major museums, attractions, tour operators, and hotels in places like Istanbul often quote prices in euros and have no issues accepting them.

• Luxury Hotels & Restaurants – Upscale accommodations and international restaurants in metropolitan areas will sometimes prefer euros.

• Big Purchases – For high-value souvenir shopping like carpets or jewelry, some merchants may push for euros though lira should still be negotiated.

• When Exchanging Unused Lira – It can make sense to exchange any leftover Turkish lira back into euros at the end of your trip if re-exchanging it back home provides a poor rate.

Overall, it’s fine to have some euros on hand as a backup payment option when visiting the most heavily touristed parts of Turkey. But lira should still be used whenever possible.

Tips for Managing Money in Turkey

Here are some tips for getting and using lira and euros during your trip to Turkey:

• Withdraw Lira from an ATM – This gets you the best exchange rate compared to exchanging cash or using euros directly. Ziraat ATMs don’t charge foreign transaction fees.

• Bring Some Euro Cash – Carry ~€100-200 as a backup stash for situations where euros are preferred or as emergency cash. Only exchange what you need into lira.

• Use a Debit/Credit Card – A card like Revolut lets you pay in lira and gives a fair exchange rate on euro transactions. Useful for big hotels.

• Negotiate in Lira – Always negotiate and ask for prices for goods/services in Turkish lira first before considering euros.

• Check Your Change – Count your lira change carefully so vendors don’t try to slip in euros or outdated Turkish lira coins.

• Keep Receipts – Save receipts when paying in euros to check later that you got a fair exchange rate and no hidden fees.

• Exchange Leftover Lira – You can exchange any spare lira back to euros at the airport before flying home if the rate is decent.

• Monitor Exchange Rates – Keep an eye on exchange rates using apps so you know if/when it becomes more favorable to use euros.

By using mostly lira and limiting euro payments to major tourist hubs, you’ll get the best value out of your money in Turkey. Carrying some euros as a backup is fine, but always try to pay in lira first if possible.

Frequently Asked Questions About Lira and Euros in Turkey

Here are answers to some common questions travelers have about using lira vs euros in Turkey:

Should I exchange money before going to Turkey?

It’s best to wait and exchange your money once you arrive in Turkey for the best rates. Many exchange places at airports offer decent rates.

Can I pay with euros everywhere in Turkey?

While some major tourist businesses take euros, you’ll have a hard time using them at local shops, transportation, cafes, etc. Lira has much wider acceptance.

Is it OK to pay euros at hotels in Turkey?

Upscale hotels in big cities may encourage euros, though the rate may be inflated. Smaller hotels and pensions will require lira.

Should I exchange lira back to euros before leaving Turkey?

It can make sense to exchange any leftover lira at the airport if the buy-back rate for euros is decent. Otherwise, keep some lira as a souvenir.

Is it legal to use euros in Turkey?

It is legal to use euros, but you may get worse rates. Turkish lira is the official currency and will provide the best value.

Do I need to tip in euros in Turkey?

No, you can tip in lira. A 10-15% tip is customary at restaurants. Small change is fine for taxis, porters, etc.

How much should I budget per day in Turkey?

If sticking to hostels and eating cheap local food, $25-40 USD (~€20-35) per day is sufficient outside of Istanbul and other major cities.

Is it better to get lira from an ATM or exchange office?

ATMs tend to offer better rates with lower fees/commissions. But exchange offices are also reliable. Avoid airport exchanges.

Can I use US dollars in Turkey?

While less commonly accepted than euros, US dollars can also be used as a backup payment method, especially at major tourist sites.

Should I keep my money in a money belt or wallet in Turkey?

A concealed money belt is always safer when carrying large amounts of cash. But an everyday wallet is fine for smaller daily amounts while sightseeing.

The Turkish lira provides the best savings and convenience for travelers spending time exploring Turkey beyond the main tourist trails. While euros are accepted as a backup currency in some instances, sticking to lira should be the priority. Follow these tips to manage money wisely during your trip!