Exchanging money in Istanbul, Turkey2009-09-22 If you are arriving in Istanbul with only foreign currencies, you may be pleased to learn that most hotels, hostels, and many shops accept Euros and US Dollars as payment. However the exchange rate at these locations may not be so nice. It's better to exchange your foreign currencies to Turkish Liras (TL). Where to exchange money in Istanbul? Avoid exchanging money at the airport. The rates there are typically much worse than other exchange offices, and they also may take an extra commission. If you are traveling to the city center by Havas service bus, you can pay for the ride in Euros, and then exchange the rest of your cash once you arrive.  There are exchange offices (called Döviz in Turkish) all over Istanbul. They have signs showing the current exchange rate, as well as the exchange rate after their commission. If you can't find an exchange office, most post offices (look for the yellow PTT signs) also have favorable rates. This is particularly useful if you are traveling to other cities, as PTT offices can be found in many of the larger bus stations. Here are several locations in the city center: View Larger Map |
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