However, the step most often overlooked in the preparation process is exchanging currency. Most people end up on the other side of the world, wondering how to exchange their currency without incurring high fees and bad exchange rates. Let’s explore how to navigate currency exchange in Istanbul and tips to get the best exchange rates Türkiye.
Exchanging currency is more about being informed than guessing. Knowing how and where to change money Istanbul will save you money and reduce stress during your trip. Here are some reliable places to exchange your currency in Istanbul, Türkiye.
Istanbul exchange offices are probably your best bet to get good rates when exchanging currency. The only difficulty is that you need to know where to go. This can be challenging for first-time visitors who are not familiar with the city.
The Turkish word for a money exchange office is “Döviz”. There are many such places in touristy areas like Sultanahmet, Taksim, Istiklal Street, Eminönü, and Spice Bazaar. The Grand Bazaar is particularly famous for its competitive and reliable exchange rates. If you are a guest at The Marmara Taksim, you can get all the relevant information from the concierge desk with ease.
Another safe and reliable option for money exchange in İstanbul is bank branches. The rates might not be exactly as favorable as a money exchange office (Döviz); however, it is safe, reliable, and trustworthy. Major Turkish Banks like Garanti BBVA, İşbank, Yapı Kredi, etc., will exchange foreign currency to Turkish Lira for you. You might even have a bank branch inside or in the close vicinity of your hotel.
A major advantage of visiting a popular tourist destination like Istanbul is the convenience offered to travelers. Even shopping malls and hotels may have money exchange offices, bank branches, and ATMs. However, check and compare exchange rates as they can be higher than money exchange offices outside.
The airport should be your last option for currency exchange. As in most countries, the rates and commissions at Turkish airports are usually unfavorable. If you absolutely have to use a money exchange inside the airport, then only exchange enough to pay for the taxi to your hotel.
Staying in a central location in Istanbul makes currency exchange easier and more convenient. The Marmara Taksim is located in the very heart of the city. It is close to almost every amenity you may need during an unforgettable holiday. There are many currency exchange options available close to The Marmara Taksim. Guests can also get guidance from the concierge desk to make their way to a Döviz in the Grand Bazaar in no time.
To get the best Turkish Lira conversion rates, tourists should avoid these common mistakes:
By avoiding these common pitfalls, tourists can ensure an enjoyable Istanbul holiday and peace of mind.
The best currency exchange tips for tourists while in Istanbul are as follows:
By staying at The Marmara Taksim in the city center, you are just steps away from many Döviz, ATMs, and major bank branches – making your trip convenient and stress-free!
You should buy a little local currency with you before landing in the country. However, you can get better Turkish Lira conversion rates in Türkiye.
Similar to airports in the rest of the world, exchange rates at Turkish airports are higher as well.
Yes, tourists can widely use credit cards in Türkiye, but they should have cash on hand for small purchases.