TRY/GBP: what to know
The TRY/GBP rate shows how much GBP you get for 1 TRY. Right now, 1 TRY buys 0.0153 GBP at the mid-market rate. In the other direction, 1 GBP is worth 65.5062 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while GBP responds to Bank of England policy and the UK economy.
The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira. The British Pound (GBP) is issued by Bank of England. The pound sterling has been in use for over 1,200 years.
Over the past 12 months the TRY/GBP rate has ranged between 0.0152 and 0.0182 — a change of -15.28% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.