Where can international travelers get a better USD-to-TRY exchange rate in Istanbul: Istanbul Airport or the Grand Bazaar?
From messages by 5 participants in 1 source · Last activity: 28 days ago
From messages by 5 participants in 1 source · Last activity: 28 days ago
TL;DR
Currency exchange at Istanbul Airport is usually much less favorable, although bank branches and exchange desks near exits 9–10 can be better than standard airport bureaux. In one reported comparison, US$100 bought TRY 4,863 near the Grand Bazaar versus TRY 3,600 at the airport.
At Istanbul Airport, compare several exchange counters near exits 9–10, after immigration and the terminal corridors. Rates there can be more acceptable than elsewhere in the terminal.
At IST, check bank branches rather than only regular currency-exchange booths. One report received TRY 2,230 for US$50 after a 4% commission, which was better than a standard airport exchange counter.
If you do not need cash immediately on arrival, exchange near the Grand Bazaar may be substantially better. In one comparison, US$100 brought TRY 4,863 there versus TRY 3,600 at the airport.