Dollar and Euro hit new records: rates reach 42.05 and 49.05 lira

The newspaper Gündem Kıbrıs reports that on the first working day of the new week, foreign exchange rates set new records. According to the publication on 20.10.2025 (09:22), the US dollar was quoted at 42.05 Turkish lira in the free market.

At the top of the website page, the current values were listed: dollar — 41.9519 lira, euro — 49.0258 lira, British pound — 56.4374 lira. Rounded values in the text: dollar 42.05 lira, euro 49.05 lira, pound sterling 56.50 lira.

The article was published on 20 October 2025 on the Gündem Kıbrıs online resource. The source notes that currency movements are recorded on the free market without indicating any additional interventions or regulatory actions.

For residents of Northern Cyprus, these figures serve as current benchmarks for Turkish lira transactions: currency exchange, payments in lira, and planning bank transfers will rely on the recorded rates. The article does not provide details on the reasons for the increase or forecasts.