British Pound / Turkish Lira

GBP/TRY is the exchange rate showing how many Turkish lira one British pound is worth. The pound sterling is the currency of the United Kingdom and is managed by the Bank of England; with roots going back centuries, it is among the currencies still in use today. Besides the United Kingdom, the pound is also used in some overseas territories.

The GBP/TRY rate combines the general trend of the Turkish lira with the pound's moves against the dollar. UK interest rate decisions, inflation and growth data, political developments and the GBP/USD pair therefore affect the rate. On the Turkish side, CBRT policy and the inflation gap are decisive. The United Kingdom is a significant export market and source of tourists for Turkey, which makes the pound rate a variable watched for trade and tourism.

The GBP/TRY value on Lzzo.com is a market reference rate sourced from Yahoo Finance, not a bank buy/sell price. The buy and sell prices applied at banks and exchange offices differ from this value; the relevant institution's current quote should be checked before any transaction.