≫Where to change turkish lira to euro

Where to change turkish lira to euro

Tabla de contenido

1. Exchanging turkish lira to euro at a currency supplier

1.1. 1. Take a stroll in the city center and spot currency supplier outlets. Then make a rate comparison

1.2. 2. Make an online reservation and collect your euros at the desired office

1.3. 3. Carry out a turkish lira to euro comparison with Cambiator

2. Changing turkish lira to euro at your bank

3. Turkish lira to Euro exchange rates at the airport

4. Conclusion: where is it best to change turkish lira to euro?

If you are coming back from a trip to Turkey or are a Turkish traveler visiting Spain, you are sure to wonder where to exchange your turkish lira to euros in Madrid or Barcelona.

Keep reading to find out the main places where you can exchange turkish liras to euro in Spain, and we give you our assessment of each of them.

Exchanging turkish lira to euro at a currency supplier

Follow our advice: the best option to change turkish lira to euro is a currency supplier, since most of them do not charge commissions and their turkish lira to euro rates are quite tight. Especially in the center of Madrid, Barcelona, Alicante, Palma de Mallorca or Malaga.

Currency suppliers are, along with banks, the only two businesses authorized by the Bank of Spain to exchange liras (or any other currency). Unlike banks, which are not very fond of currency exchange and manage between 10 and 25 currencies depending on the entity, currency suppliers are specialists. They handle between 40 and 70 currencies depending on their size.

Your can find their outlets in the centre of the most touristic cities (those that receive the most foreigners), such as Madrid, Barcelona, Alicante, Benidorm, Malaga, Valencia, Palma, Tenerife, etc.

There are several ways to find the best turkish liras to euro exchange office near you:

1. Take a stroll in the city center and spot currency supplier outlets. Then make a rate comparison

Walk around the centre of your tourist city and ask for their turkish lira to euro rate for the day. Or check rates on the different websites of the suppliers (provided they have one and they publish their daily rates).

Don’t forget to ask them if they charge a commission for the exchange operation, as in some cases these can reach up to 20% of the liras or euros exchanged. And this is completely legal if they are transparent on this. Take note and visit the following supplier.

Advantages: The more you walk through the centre of your city, the better the comparison will prove and the better the lira to euro rate you will get.

Disadvantages: you will have to go for a long walk. Also, you will need to make a decision quickly because the turkish lira to euro exchange rate you get today may not be the same in the evening or the day after, as rates change on a daily basis.

2. Make an online reservation and collect your euros at the desired office

The second option is to make an online reservation of liras to euros on the currency suplliers’ website and collect your euros at one of its outlets near you.

3. Carry out a turkish lira to euro comparison with Cambiator

This is the quickest and most convenient option. It allows you, in just 30 seconds, to enter the liras you have and the euros you get at the different suppliers in your city. We compare rates from 7 different currency suppliers for free.

Then you just have to leave your name, email and phone number and at the supplier´s store they will be waiting for you to reach out with your turkish liras and hand out the agreed euros in Exchange.

Cambiator is a currency exchange comparator of 7 suppliers that change turkish lira to euro. We are free for the user, neutral and independent. You do not have any extra cost for choosing us and you can solve in one minute the question of this post: where to change turkish liras to euro at the best rates.

Changing turkish lira to euro at your bank

The second option to buy euros is your local bank. All the big Spanish banks (Caixabank, BBVA and Santander) change turkish liras as Turkey is a common tourist destination for Spaniards.

They all change turkish liras to euro for you, but, curiously, their exchange rates are well hidden on their websites.

The second drawback of this option is that Spanish banks charge you a commission of between 2 and 3% (with a minimum of around 10 euros). This means they will substract a 2 to 3% on the euros they Will hand out to you.

For example, if you change 10 000 turkish lira to euro, instead of handing out around 260 euros, the bank will detract a 10 euro commission and you Will finally obtain 250 euros.

Turkish lira to Euro exchange rates at the airport

If you travel from Turkey to Spain, you Will probably arrive at Madrid, Barcelona or any other Spanish international airport.

There you will have the option of buying euros with your liras. But this option is not recommended at all. The currency supplier that provides the currency exchange service at the main airports in Spain is called Global Exchange.

They have spectacular offices with large illuminated signs and they advertise “no commission”. But the reality is that they have exchange rates that are totally out of place. This is so expensive because they have to pay AENA (the airport manager) huge sums of money just to be there and profit from heavy passenger flows.

So our recommendation is not to change at the airport.

Conclusion: where is it best to change turkish lira to euro?

If you want to know where to change turkish lira to euro cheaper, grab your calculator and in two minutes you will have the answer. The best turkish lira to euro exchange option will be the one that gives you the most euros for your liras, right?

Our recommendation is to compare rates on Cambiator. With us you can find out which currency exchange office gives you the best turkish lira to euro exchange rate. And bear in mind that none of our partners charge a commission and that Cambiator is a free service for the user.

Compare the euros that your bank gives you with those of the best lira to euro currency exchange office on Cambiator and decide for yourself.

Frequently Asked Questions (FAQs) EUR-TRY

Where can I get more euros for my liras in Barcelona?

In Barcelona you have many currency suppliers in the Las Ramblas area and the city port. In some of them they charge you a commission and in others they don't.

Those that don't, modify their turkish lira to euro exchange rates numerous times a day depending on what their competitors do, so Cambiator will help you not to waste time and find the most interesting offer in Barcelona at all times, and at no cost to you.

Where can I exchange liras for euros in Madrid?

As with any other business, look for places where there is competition. In Madrid, the central area (Puerta del Sol, Gran Vía, Calle Mayor and surrounding areas) is full of currency exchange outlets. Every day they compete with each other to win over tourists who arrive with foreign currency (dollars, pesos, crowns, etc.) and need euros.

But be careful before choosing one because some of them charge you a commission. Those that don't, change rates several times a day so Cambiator will help you not to waste time and find the most interesting offer at all times, and at no cost to you.

How to know where to change turkish lira to euro near me

If you search on Google, it will show you curency suppliers near you. But you won't know their turkish lira to euro exchange rates and you'll waste a lot of time.

If you search on Cambiator, you'll be able to see the euros that each supplier gives you for your liras at 6 different suppliers in your city at no cost to you. You'll just have to choose the one that gives you the most euros and go to it with the liras and your passport.

Do you need to bring any ID to exchange liras for euros?

When you are going to exchange turkish liras for euros, the Spanish regulations require that you identify the person who is making the currency exchange operation. Especially if the amount of liras you are carrying with you is high.

For everything to go well, you must go to the exchange office with a valid ID such as your passport, your NIE document or the Spanish DNI.

Keep this in mind, however, that in Spain, a driver's license is not valid as an ID document.

I arrive at Madrid airport with turkish liras, is it interesting to exchange them there?

Don't even think about it. Global Exchange, the airport's currency exchange supplier, has to pay a very high fee to the airport owner and manager (AENA) for operating in its facilities.

This means that, even though it advertises "no commission" on its signs, their offered turkish lira to euro exchange rates are very uninteresting. As a result, you will get much fewer euros for your liras than in other places in the city.

Cambiator is a rate comparison of 60 currencies in six suppliers. Run a simulation in two minutes to find out where to exchange liras for euros near you, once in Madrid.

How many turkish liras can I change to euros in Spain? Is there a maximum limit?

The law on the prevention of money laundering (AML) limits the maximum amount of liras to be changed to euros to 5,900 euros per individual and calendar quarter (January-March, April-June; July-September and October-December).

If you are going to exchange a larger amount of liras for euros, it is advisable to head to the currency exchange outlet with a companion and carry out two exchange operations.

However, keep in mind that there are exchange offices that, for security reasons, may have a limit of less than 3,000 euros per operation, but, nevertheless, allow two operations to be carried out by the same person, one after the other.

Cambiator helps you save time when you plan to exchange turkish liras for euros. We will point out these particularities when you make a rate comparison with us.

Which is the cheapest currency supplier to exchange turkish liras for euros?

If you are planning to come to Spain with turkish currency or any other foreign currency (pounds, pesos, soles, crowns, etc.) we advise you to check rates in our currency exchange rate comparator.

Cambiator is a free and very convenient service for you, which will allow you to see the exchange offices near you that give you the most euros for your liras, daily, in real time and without any additional cost for you.

Where can I find the best turkish lira to euro exchange rate?

Lira rates vary every day at all times. Currency suppliers are usually very attentive and vary their turkish lira to euro rates with the evolution of the lira price. This means that there is no best time of day or place where you get the best exchange rate. For this reason, we recommend that you use a currency exchange comparator such as Cambiator.es.

We offer a free service for the user that compares the turkish lira to euro rates in real time in 6 suppliers.

If you check this page you can enter the lira banknotes you have and your city and we will tell you where you get the best rate. That is, where you get the most euros for your liras.

Do currency suppliers charge commission in Spain? Is it legal?

Currency exchange rates are totally free in Spain for suppliers as long as they are transparent in their communication. If you arrive in Spain with liras, most currency suppliers will advertise "no commission", although some of them charge commissions when you pay in cash or if you have not previously made an online reservation on their websites.

None of the 6 currency suppliers that collaborate with Cambiator charge you a commission so you can rest easy. But it is important to compare daily rates to find out where you will get more euros for your liras, and you can do this for free on this page in a couple of minutes.