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In Turkey money goes much further, says currency expert

Because of the changing interest rate, in Turkey British money is buying more local currency than before, an expert has claimed.

Director at Foreign Currency Direct Stephen Hughes, told the Daily Mail there has been a 36 per cent increase in exchanges from Sterling to Turkish lira in the last 12 months.

Speaking to the paper, Mr Hughes commented: "The Turkish lira has increased by 6.5 per cent against the pound in the past year, which means that those who changed to lira find their money goes much further than before."

A country’s favourable exchange rate and warm climate are often factors that potential expatriates consider before choosing to live abroad.

They are also well advised to investigate healthcare facilities and learn more of international medical insurance and how it can cover them in times of need.

Healthcare in Turkey is provided by state and private facilities and coordinated by the county’s ministry of health.

Expatriate Insurance: Expatriate Healthcare specialise in providing international health insurance. Make sure you’re protected. https://www.expatriatehealthcare.com/form/
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