Turkey is a vibrant country that bridges Europe and Asia, drawing millions of tourists and expats every year. With its bustling bazaars, coastal resorts, and rich cultural heritage, many travellers naturally wonder: Does Turkey use euros? It’s a fair question, especially since neighbouring countries like Greece and Bulgaria use the euro.
The short answer is no, Turkey does not officially use the euro. However, that doesn’t mean you’ll never see euros in circulation. Let’s explore the real situation.
What Is the Official Currency of Turkey?
Turkey’s official currency is the Turkish Lira (TRY). The lira has gone through many changes over the decades, especially during times of high inflation. In 2005, Turkey dropped six zeros from its currency in a revaluation effort, launching the “New Turkish Lira.” Today, it’s simply called the Turkish Lira again.
Symbol, Code, and Denominations
- Symbol: ₺
- Currency Code: TRY
- Banknotes: ₺5, ₺10, ₺20, ₺50, ₺100, ₺200
- Coins: 1 kuruş to 1 lira
The Turkish lira is widely used across the country for everyday purchases, bills, salaries, and rent.
Does Turkey Accept Euros in Tourist Areas?
In popular tourist destinations like Antalya, Istanbul, and Cappadocia, some businesses—especially in high-end hotels, resorts, and tourist shops—may accept euros. But this is more of a convenience rather than a norm.
Risks of Using Euros
While it may seem convenient, using euros can often lead to poor exchange rates. Vendors may charge you more when you pay in euros, sometimes rounding up prices or applying their own conversion.
Where Euros Are Commonly Used in Turkey
You’re more likely to see euros accepted in:
- International hotels
- Duty-free shops in airports
- Tourist hot spots and resorts
- Some car rental agencies
However, even in these places, it’s wise to ask for the price in lira and compare.
Exchange Rates and Currency Conversion Tips
Stay Informed
Exchange rates fluctuate daily. As of today, 1 euro equals approximately ₺36-38, but this can vary.
Where to Exchange Euros
- Banks: Reliable and official, though not always fast.
- Currency exchange offices: Located in tourist areas with competitive rates.
- ATMs: Often provide the best real-time rates when using international cards.
Avoid exchanging money at airports unless absolutely necessary—rates there are usually the worst.
Using ATMs and Cards in Turkey
Most ATMs in Turkey dispense only Turkish lira, but a few near airports or tourist spots might offer euros or USD. Fees can apply.
Card Usage Tips
- Visa and Mastercard are widely accepted.
- Always choose to be charged in local currency (TRY) to avoid dynamic currency conversion fees.
- Notify your bank before travelling to avoid card blocks.
Challenges of Using Euros in Turkey
1. Limited Acceptance
Most local markets, public transport, and restaurants do not accept euros.
2. Poor Conversion Rates
Many vendors charge extra for the convenience of paying in euros.
3. Signage and Language Barriers
Prices are usually listed in lira, and not all staff understand foreign currencies.
Local Advice: Should You Carry Lira or Euros?
The best strategy is to use Turkish lira for most transactions. Carrying a small amount of euros can be helpful for emergencies or initial expenses when you first arrive.
Locals often suggest converting your euros after arriving in Turkey to avoid poor rates abroad.
What Expats in Turkey Should Know About Currency Use
Expats living in Turkey need to deal with the local economy:
- Rent: Often paid in Turkish lira unless specified otherwise.
- Utilities & Groceries: Lira is the norm.
- Banking: Opening a Turkish bank account is advisable for ease of transactions.
How Remit Choice Helps You Send Money to Turkey
At Remit Choice, we make international money transfers fast, affordable, and secure.
Why Choose Remit Choice?
- Send money to Turkey in Turkish lira or euros, depending on recipient preference.
- Transparent exchange rates
- No hidden fees
- Instant delivery in many cases
Whether you’re supporting loved ones or managing your own finances from abroad, Remit Choice is your trusted partner in over 70 countries.
Comparing Turkey’s Currency System with the Eurozone
Turkey is not part of the Eurozone despite being a candidate for EU membership. It retains its monetary policy, central banking system, and local currency to manage inflation and economic stability.
Future Possibility: Will Turkey Adopt the Euro?
Experts remain skeptical. While Turkey has pursued EU accession talks for years, political and economic differences make euro adoption unlikely in the near future. Adopting the euro would require macroeconomic alignment and relinquishing monetary control.
How to Avoid Currency Scams in Turkey
Be cautious when exchanging money:
- Avoid unlicensed money changers
- Count your money before leaving
- Check for counterfeit notes
Look for signs that say “Döviz” (foreign exchange office) and verify they are licensed.
Tips for Tourists Visiting Turkey with Euros
Best Practices:
- Convert a small amount of euros to lira upon arrival
- Use ATMs in bank branches
- Download exchange rate apps
- Use Remit Choice to send money to yourself or others if needed
Being currency-savvy can save you both money and stress during your visit.
FAQs About Using Euros in Turkey
- Can I use euros in Istanbul?
Yes, but only in select tourist spots. Most places prefer Turkish lira. - Is it better to pay in euros or lira?
Lira is always the better option for fair prices. - Can I withdraw euros from ATMs in Turkey?
Rarely. Most ATMs dispense only Turkish lira. - Will hotels accept euros?
International hotels may accept euros, but you’ll usually get a better rate paying in lira. - Should I exchange money before traveling to Turkey?
You’ll likely get better rates by exchanging after you arrive. - Can I send euros to Turkey with Remit Choice?
Yes! Remit Choice allows sending funds in both euros and Turkish lira depending on the recipient’s preference.
Conclusion: What Currency Should You Use in Turkey?
To wrap it up—Turkey does not officially use euros, but you can use them selectively in tourist hubs. For the best experience, always carry and use Turkish lira. And when it comes to sending money to Turkey, Remit Choice offers the smartest way to ensure your loved ones receive what they need quickly and securely.
