Page 1 of 1
Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 3:52 pm
by laptatony
Went today exchange rate 4.04, was told expected to drop to 4.00 by the of the week. From what I understand this is the effect of the bombings in Belgium and increasing the possibility of the UK voting to leave the EU.
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 4:04 pm
by mrsgee
I have just looked on the exchange website for the one opposite Lemar in Karakum.....it is saying 3.575......don't know if that is a mistake, but it sure is plummeting!
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 4:13 pm
by Johnny Lee
Would be nice to see 2.50 again.
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 4:20 pm
by laptatony
If you have lots of TL, Lee, but most ex pats here live off pensions they receive in GBP
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 4:23 pm
by mrsgee
Well anyone who converted sterling to tl when it was 4.8 to 4.9 will be laughing all the way to the bank.......
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 4:56 pm
by Keithcaley
mrsgee wrote:Well anyone who converted sterling to tl when it was 4.8 to 4.9 will be laughing all the way to the bank.......
...and anyone who converted all their spare sterling at 2.50 is well and truly stuffed
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 5:06 pm
by David
Would expect the Lira to strengthen throughout the year so less lira to the pound
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 5:24 pm
by paul90
The GB pound is falling against the US dollar.
The Turkish Lira is very little changed against the $.
This is "mainly" why the Lira appears stronger against the £.
Re: Exchange rate GBP still going down
Posted: Wed 23 Mar 2016 5:53 pm
by mitsybrian
Mrsgee
You are correct but the date show is 21-05-14
Re: Exchange rate GBP still going down
Posted: Thu 24 Mar 2016 12:32 pm
by frontalman
4.06 TL to the pound today. What's the kerfuffle all about?
Re: Exchange rate GBP still going down
Posted: Thu 24 Mar 2016 3:54 pm
by Johnny Lee
Had lots of Lira once Tony, (turned it into concrete) But don't people see the bigger picture We have had massive inflation in the last few years due to the weak TL.. Except our properties.
Yes I changed in the halcyon days of 19 % interest. Too young for pension My wife should have one last Oct. The one we paid for when we started work and for the next 45 years., but it was stolen from her.
Re: Exchange rate GBP still going down
Posted: Thu 24 Mar 2016 4:23 pm
by waddo
Johnny Lee, my wife knows that feeling well as her pension was stolen from her also and the way it is going she will be 90 before she qualifies - however, as the UK Government steals the income tax from my pension before it gives it to me every month we have become used to it - don't like it but that is life. Currently it costs us - as a couple - just shy of £4K a year to NOT live in the UK and NOT get anything from the tax we pay - we think it is money well spent!!!
Re: Exchange rate GBP still going down
Posted: Thu 24 Mar 2016 5:00 pm
by Johnny Lee
Yes Waddo 4 K well spent I agree.