Budget Travel: Tourists find a silver lining in midst of Turkish lira crash

2018-08-14 14:30 - Saara Mowlana
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Tourists are flocking to Turkey as the country goes through a currency crisis.

The Turkish lira has nosedived over the past week, accelerating a months-long decline, and tumbled another 7 percent on Monday as the central bank’s measures failed to restore market confidence, according to Associated Press.

However Travel firms have seen a sharp increase in bookings for Turkish holidays as tourists look to make the most of a cheap lira. For rand-strapped South African travellers - this is good news.

While the currency might be plummeting, their tourism industry is booming.

CHECK OUT THIS Quick guide to Turkey: Easy eVisa travel for South Africans

Visitors are flocking to the country and banking on the chance of an affordable Turkish vacay.

You can be sure to feel the temptation to splurge with the extra savings by spending on clothing, high-end brand name makeup, trinkets and souvenirs galore.

The currency currently sits as a close R2.19 for 1 Turkish lira (TRY), after losing over a whopping 40% of strength against the US dollar this year - making life a little cheaper for SA tourists.

READ: Muslim Travellers: The best route option for SA's Umrah and Hajj pilgrims is via wondrous Istanbul

Turkey has put an economic plan into place on Monday, 13 August but unless it leads to a quick recovery, you might as well cash in on the affordable good times as they roll on.

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