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Where to exchange dollars to Turkish lira near Çemberlitaş in Istanbul?

From messages by 3 participants in 1 source · Last activity: 7 days ago

TL;DR

Currency exchange is available near Çemberlitaş, but rates are poor. Recent rates: buying USD ~46,800 TRY, selling ~45,800 TRY.

What the community said

In the Laleli area, the dollar exchange rate is around 47.700 lira, and inside the Grand Bazaar an even better rate of 47.750 lira per dollar was found.

Laleli / Grand Bazaar — rate 47.700–47.750

Worn/old dollar bills were refused at the exchange office.

Old bills not accepted

Exchanging just $100 didn't work out, but exchanging $500 at once makes the deal worthwhile.

Better rate for $500+

Fresh exchange rate at the Grand Bazaar (near Çemberlitaş): about 46.98 lira per dollar.

Grand Bazaar — rate 46.98

The exchange office near Çemberlitaş keeps a printed rate sheet showing how many lira you get for $20, $50, and $100 bills — handy for quick comparison. Exchanging $50 was straightforward.

Çemberlitaş exchange office with printed rate sheet

Current exchange rates near Çemberlitaş: buying USD at ~46,800 TRY, selling at ~45,800 TRY. The spread is modest but overall rates are worse than in other parts of the city.

Rate: buy $1 = 46,800 TRY, sell = 45,800 TRY

The exchange point near Çemberlitaş will handle small amounts like $50 without issue, but the rate is noticeably worse than dedicated exchange offices elsewhere in Istanbul. Best used only as a last resort.

Çemberlitaş — poor rates, last resort only

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