The Turkish Lira buy back rates below were last updated 5 minutes ago
Turkish Lira notes released after 2005 can be sold back and converted into Pounds. Earlier notes may still be bought back but at a reduced rate. The best Turkish Lira buy back deals are offered by the specialist online currency brokers who buy and sell currency over the internet. Their overheads are much lower compared to traditional high street brokers which means they are able to offer some of the best deals on the market.
Avoid the high street banks and travel agents as these places offer some of the worst buy back rates of all. Also be wary of some suppliers such as the Post Office who offer a ‘buy back guarantee’ when you place your order with them. These deals can often lock you in to uncompetitive buy back rates and some may even charge a fee for the privilege of selling back to them. Keep your options open and use our unique comparison tool above to find the latest and greatest Turkish Lira buy back deals. See how much you could save by selling your leftover currency back online compared to the high street.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Turkish Lira buy back rate has worsened by 0.37% from last Sunday's rate of 3.822 to today's rate of 3.8360 which means L500 is worth £0.48 less today than it did a week ago. During this period the worst time to sell was on Tuesday at 3.874 and the best time to sell was on Thursday at 3.815.
The 90 day outlook has seen the Turkish Lira buy back rate improve by 5.59% from 4.063 on 25th July 2016 to 3.8360 today. Based on these figures, L500 is worth £7.28 more today than it did three months ago. The worst buy back rate we recorded was 4.086 on 3rd August 2016 and the best buy back rate we recorded was 3.803 on 11th October 2016.
Posted by Matthew Weston on 21st October 2016
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