Turkey is the most cost-effective country for British holidaymakers, according to a new report.
Analysis of currency sales by Post Office Travel Money found that sterling has strengthened in value most against the Turkish lira, whose long-term collapse continued during 2023. This means that holidaymakers will now get around 73 per cent more lira for their pound than a year ago, the equivalent of almost £211 extra when exchanging £500 for Turkish currency.
According to Numbeo’s Cost of Living database, a meal at an inexpensive restaurant in Istanbul costs £7.60pp, while a three-course meal for two at a mid-range restaurant costs £30.
The news follows a November report that found the country experienced a 73 per cent increase in tourists in 2023 compared to 2019. The World Travel Market Global Report, prepared by Tourism Economics, predicted that Turkey would become the second-most valuable country in Europe, in both volume and value of inbound tourists visits this year,…
