In 2005 Turkey's currency is the New Turkish Lira (YTL). Many shops and restaurants in the coastal resorts and big cities accept payment in foreign currency. But if you are planning to travel to other parts of the country, it is advisible to take some Turkish Lira.
Turkish Lira is available in the following denominations:
Banknotes: 1, 5, 10, 20, 50 &100 TL
Coins: 1, 5, 10, 25 & 50 Kuruş and 1 TL
With a credit or debit card you can withdraw local currency from cash machines which are found in convenient locations in cities, towns and resorts. There are also cash machines in the arrivals halls at most airports.Credit cards are widely accepted in hotels, restaurants and shops.
Travellers cheques and cash can be exchanged for TL at banks and private exchange offices in Turkey.
TIPS ABOUT YOUR MONEY AND USAGE
How much money should I take with me?
Keep the Turkish Lira equivalent of Fifty US Dollars in cash and use your credit card as much as you can.
Can I use my credit card in Turkey?
Yes. As a matter of fact, you will find Turkey more convenient than many other places in terms of the acceptance of major credit cards. All cash machines give cash advances if you have your personal code.
Can I use traveler's cheque in Turkey?
Only in banks and there is some bureaucracy. Avoid checks as much as you can.
Can I use my EC Card in Turkey?
Some shops have recently started to accept EC direct debits. You can use it on cash machines.
