Icmeler Online Holiday Forum & Reviews - Turkey

I was looking in the paper Friday and it was saying the rate is 2.80tl here in the currencies section, which was higher than before we left in August last year to go to icmeler, where we were getting 2.85tl in resort.
I'm just curious of the thoughts of those in the know as to wether it will stay this high, go higher or drop come the season start!
Chris & Anita

I got 2.84 from M&S 2 weeks ago. This morning they are paying 2.72. I check the beeb money every day and it is on a slight downslope this past week or two

Personally I think that the lira has pretty muched peaked for the season ahead. A few weeks ago it was 2.86 to £ so I took the plunge and bought some then. It has dropped slightly over the past few weeks. I find that at the start to the middle of the season the rates are slightly lower than at the end of season.

Its pretty much a lottery, and you takes your chances. the rate also tends to be better in the resort than in UK

Stewart

Last week it went to 2.95 now on the drop, will be ack up next week

Chris221273 wrote:I was looking in the paper Friday and it was saying the rate is 2.80tl here in the currencies section, which was higher than before we left in August last year to go to icmeler, where we were getting 2.85tl in resort.
I'm just curious of the thoughts of those in the know as to wether it will stay this high, go higher or drop come the season start!

http://travelmoney.moneysavingexpert.com is a good website for checking the exchange rate as it searches 23 major online foreign currency bureaux in seconds. I usually check the rates between monday and friday as there is no point checking at the weekends as there isn't much going on in the money market.

As for what will happen with the rates your guess is as good as mine as there are so many things that affect the rate. Even those that are in the money market professionally often get it wrong.If the rate goes much higher though the government will intervene to bring it down.