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GBP to TRY 2026 Forecasts

Analysis of recent sterling → lira forecasts for 2026. We collate forecasts from respected FX analysts together with the latest British pound to Turkish lira performance and trends.

 

GBP/TRY Outlook:

Slightly positive, but likely to move sideways as the rate is above its recent average yet lacks a clear driver.

Key drivers:

• Rate gap: The Bank of England's cautious policy contrasts with the Central Bank of Turkey's recent interest rate cuts, creating pressure on the lira.

• Risk/commodities: Recent volatility in oil prices may affect the Turkish economy, generally impacting the lira's stability.

• One macro factor: Fitch's upgrade of Turkey's outlook to positive suggests improving conditions, but the lira still faces challenges managing depreciation.

Range:

The GBP/TRY is likely to hold within its recent range, occasionally testing the extremes based on emerging news.

What could change it:

• Upside risk: A stronger-than-expected UK GDP report could boost the pound's value.

• Downside risk: Continued weakness in the lira, especially if inflation remains uncontrolled, could further pressure the exchange rate.

GBP-TRY Rate Calculator

 
   
   
   
   
 
   
 
 

GBP to TRY Market Data

British pound (GBP) to Turkish lira (TRY) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell GBP   →   Buy TRY
1 GBP =
59.75We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d−0.4%
 
GBP to TRY at 59.48 is 3.3% above its 3-month average of 57.58, having traded in a fairly volatile 8.7% range from 55.27 to 60.06
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  1 TRY = 0.016736 GBP

Compare & Save - British pound to Turkish lira

Exchange rates can vary significantly between different currency exchange providers, so it's important to compare British pound (GBP) to Turkish lira (TRY) rates from different sources before making a conversion.

Use our GBP to TRY calculator to see how much you could save on your international money transfers. makes it easy to compare the Total Cost you are being charged on Sterling to Lira currency rates and the possible savings of using various providers.

 
 

Will the British pound rise against the Turkish lira?

This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the British pound vs Turkish lira current value is to look the GBP/TRY historic rate and change over a range of periods.

The following table looks at the change in the GBP to TRY exchange rate over periods from the previous week back to the last 10 years.

It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

To help with this you can add GBP/TRY to your personalised Rate Tracker to track and benefit from currency movements.

 
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Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

 

Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more