Turkish authorities are taking measured steps to address concerns about the acceptance of dollar bills amid reports that older, worn notes are sometimes refused in retail and hospitality transactions. The press service of the Russian Embassy told RBC that Ankara has been actively reviewing the situation and implementing measures to ensure cash circulation remains smooth for visitors and residents alike. The clarification comes as Turkish banks and merchants gauge the stability of cash transactions and prepare for varying exchanges across major tourist hubs. For travelers heading to Turkey, this means a need to verify what kinds of notes are being accepted at point of sale, particularly in cities with high tourist traffic.
On October 22, the Russian Association of Tour Operators, ATOR, said that old dollars are still accepted by foreign banks and exchange offices in some places; however, many destinations popular with Russian travelers are moving toward the newer currency series. ATOR noted that destinations such as Türkiye, the United Arab Emirates, Thailand, Egypt, Armenia, and several others are requiring or preferring the latest denomination for routine transactions. For travelers from Canada and the United States, this underscores a practical need to carry current notes and to use reputable currency exchanges rather than relying on informal channels.
Turkish media have reported a surge in counterfeit dollar bills, especially in the $50 and $100 range, circulating in local markets. The Russian Embassy described these reports as a legitimate concern for shop owners and exchange offices, who must verify banknotes to avoid accepting counterfeit cash. Retailers are advised to employ cash verification procedures, rely on official exchange offices, and educate staff and customers about the visible security features of genuine notes. This risk also highlights the importance of travelers using trusted exchanges and carrying currency that is widely recognized as current.
ATOR recommends that Russian tourists bring new-style dollars when traveling to Türkiye. A representative of the organization stated there is no practical solution to guarantee acceptance of old-style notes by Turkish venues, reinforcing the guidance to travel with up-to-date currency. For travelers from Canada and the United States, adhering to this guidance can reduce friction, particularly in busy tourist zones where businesses may be selective about which notes they will honor. In addition to currency considerations, travelers should be aware that exchange rates can shift quickly and should plan budgets accordingly.
Historically, travelers from the region have not always tracked the dollar’s exchange rate, focusing instead on day-to-day costs and experiences. This approach can lead to surprises when a merchant is not willing to accept older notes or when a rate changes between a cash exchange and a purchase. The current situation in Turkey serves as a reminder for Canadian and American visitors to verify the currency they carry, rely on official exchange services, and maintain receipts for currency exchanges. Keeping current denominations on hand may smooth transactions while exploring Turkey’s airports, markets, and cultural sites.