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GBP to TRY Forecasts – British pound to Turkish lira

Latest GBP to TRY forecasts including bank predictions, key market drivers and recent trends for GBP/TRY. See where analysts expect the pair to move and the factors likely to influence it.

 

GBP to TRY Forecast & Outlook

09 May 2026 • 00:56 GMT

GBP/TRY 61.84

📊 Forecast snapshot

  • Near-term bias: 🟢 Mild upside
  • Expected range: 61.8400 – 62.9220
  • Dominant driver: ⚖️ Interest-rate differentials
  • 3-month trend: 🟢 Uptrend

Currently, GBP/TRY is trading close to 90-day highs at 61.84, supported by the rate differential with Turkish rates persisting at high levels. Over the next few sessions, the pair may remain supported as the rate gap remains elevated and risk sentiment favors defensive currencies and safe-haven flows.

💸 Transfer implications

  • Expats: sending money to Turkey using GBP might find rates somewhat more favourable than recent levels.
  • Travellers: buying Turkish Lira abroad could see relatively stable or slightly improved exchange conditions.
  • Businesses: paying Turkish Lira invoices in GBP may experience better conversion rates if the pair continues to hold near recent highs.

🧭 Key drivers

  • Rate gap: The UK could face elevated rates or policy signals that keep the GBP/TRY rate above its 90-day average, influenced by UK rate hike expectations.
  • Risk/commodities: Risk-off sentiment supports the Turkish Lira’s hawkish stance, underpinning the pair.
  • Global factors: External risks and geopolitical factors support safe-haven currencies and risk-sensitive FX, pressuring or supporting the pair depending on the direction of risk.

⚠️ What could change it

  • Upside risk: A slowdown or pause in Turkish rate hikes could reduce the rate gap and weaken the pair.
  • Downside risk: Deterioration in risk sentiment or global risk aversion could push the pair lower, despite current technical strength.

Shopping around for lower margin providers may help reduce overall transfer costs.

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 =
61.30We compare provider deals to this wholesale mid-market rate. Read more
TRY
1d−0.5%▼
GBP to TRY at 61.45 is 2.8% above its 3-month average of 59.79, having traded in a quite stable 5.8% range from 58.45 to 61.84
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  1 TRY = 0.016312 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.

DateGBP/TRYChangePeriod
29 Apr 2026
60.93
0.9% ▲2 Week
12 Feb 2026
59.56
3.2% ▲3 Month
13 May 2025
51.60
19.2% ▲1 Year
14 May 2021
11.91
416.3% ▲5 Year
15 May 2016
4.2654
1341.6% ▲10 Year
18 May 2006
2.8357
2068.4% ▲20 Year
GBP/TRY historic rates & change to 13-May-2026

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