The currency used in Istanbul is the New Turkish Lira (YTL) though the euro and US dollar are also accepted at places frequented by tourists (although certain tourist attractions such as the Hagia Sophia only accept liras). Currency exchanges and banks are plentiful in Istanbul and offer extremely competitive exchange rates with no commission charged. If you are planning to visit Istanbul, bring hard foreign currency and exchange them after you arrive, preferably at a bank or a currency exchange. Exchange only what you need as you will find difficulty exchanging your leftover YTL back to foreign currency after you leave the country. Alternatively, withdraw money from ATMs whenever you need cash.
Shops may be closed on Sundays. Most major shopping malls have security checkpoints you usually see in airports and museums prior to entry.
The Grand Bazaar during Republic Day
- Grand Bazaar (Kapalı Çarşı). [17]. Istanbul’s grand old bazaar with an estimated 4400 shops lined along covered walkways. It is said to be the world’s oldest shopping mall, covers several blocks and features a labyrinth of side streets to keep you lost for the better part of a day. The shops are organized around their wares, e.g. the silver jewelers are clustered together, the carpet shops are clustered elsewhere and the shoe shops are bunched together somewhere else. Parts of it now are rather touristy and you’re likely to pay a little more for your purchase than elsewhere but with the vast selection you’ll find what you’re looking for and it’s one of Istanbul’s character pieces.
- Polisajci Brothers Antique Show, 37-39 Yaglikcilar Sokak, Ic Cebeci Han, +90 212 5261831. You will find Ottoman and other antique metal ware – copper bowls, jugs, pots and the like – once used in hammams and kitchens.
- Derviş, 33-35 Keseciler Sokak, +90 212 514 4525 [18]. Turko-Californian spa shop with raw silk and cotton clothing made to last a long time.
- Chalabi, 6 Sandal Bedesten Sokak, +90 212 5228171. Grand Bazaars’ oldest family-run antiques dealer offers Ottoman silver, furniture and jewelry from old Ottoman families, and other oriental treasures.
- Deli Kızın Yeri, 82 Halıcılar Çarşısı, +90 212 526 1251 [19]. Deli Kızın Yeri (The Crazy Lady’s Place) was founded by The Crazy Lady herself, an American who has retired in Turkey, who specializes in creating flat, useful, packable items using traditional Turkish motifs, handicrafts and fabrics. Items produced by local artists suiting the flavor of the shop comprise the rest of their inventory. The selection of items changes constantly, but generally includes items such as placemats, tablecloths, purses, doorstops, plastic bag holders, napkin rings, tea cozies, Turkish-flavored teddy bears and dolls, luggage tags, aprons, pillows, and limited edition clothing.
- Deli Kızın Yeri Junior, 42 Halıcılar Çarşısı, +90 224 757 4229. The Grand Bazaar’s first and only children’s store, filled with Turkish inspired toys and games for kids of all ages. Your kids will love it!
- Egyptian Bazaar (Mısır Çarşısı, also known as Spice Bazaar) in Eminönü is also a covered bazaar, which is a lot smaller than Grand Bazaar, and as its name implies, houses herbalist and spice shops.
- Turkish Delight, or Lokum (as the locals call it). A good buy since you’re in Turkey. It is advisable to buy it fresh rather than in pre-packed boxes and to get a variety of flavors rather than the stereotypical rose-water or lemon flavors available abroad. Pistachio in particular is very good. The best place to buy lokum in Istanbul is from a store. Istiklal Caddesi in particular features a number of stores that sell Turkish sweets by the kilogram including lokum and helvah. There are quite a few shops selling delicious Turkish Delight in the Grand Bazaar, although I wouldn’t recommend buying from them unless you have advanced haggling skills, or you don’t mind being ripped off.
- Turkish Tea (çay, CHAI). The national drink of Turkey, brewed from leaves grown on the steep, verdant mountain slopes of Turkey’s eastern Black Sea coast. Traditionally, Turkish tea is brewed samovar-style, with a small pot of very strong tea sitting on a larger vessel of boiling water. Pour a small amount of strong tea into a little tulip-shaped glass and cut it to the desired strength with hot water. Turks usually add cube sugar (never milk, although you can often get milk if you ask.) Having fresh, hot tea always available everywhere is one of life’s splendid little luxuries in Turkey. Elma Çay: apple tea, like hot apple juice (EHL-mah chah-yee) is the flavor of preference.
- Rugs & Kilims
- Mevlana Rug Store, Torun sok. 1, Sultanahmet, +90 212 5171260 (fax:+90 212 5177476) [20]. Mevlana Rug store is the only store which is recommended by The New York Times.
- Bazaar 55 Rug House, Akbiyik Cad. 55, Sultanahmet, +90 212 6382289 [21]. The carpet shop known to be most trust-worthy.
- Mehmet Cetinkaya Gallery, Kucuk Ayasofya Caddesi, 7 Tavukhane Sokak, +90 212 5176808 [22]. Glorious museum-quality textiles, a feast for the eyes.
- Best Carpet Gallery, Binbirdirek Caddesi No. 3/36 , +90 535 722 01 75 [23]. buy online Rugs and Kilims.
- Chalcedony. Turkey’s only indigenous precious stone is a great buy within Istanbul’s many jewelry shops.
- Chalcedony, 2 Ayasofya Caferiye Sokak, +90 212 5276376 [24]. One stop shop for raw rocks, smooth stones and finished jewelry of the pale-blue, semiprecious chalcedony.
- Off the Beaten Path. Places that offer the best at what they do but are not on any of the traditional tourist paths.
- ArkeoPera, Yenicarsi Caddesi, 16/A Petek Han, Galatasaray, +90 212 2930378 [25]. Best antiquarian bookshop in Turkey, owner knows every Turkish excavation site first hand.
- Gonul Paksoy, 6/A Atiye Sokak, Tesvikiye, +90 212 2360209. Peerless one-of-a-kind dresses made for royalty from refined, antique Ottoman-era cloth.
- Iznik Foundation, 7 Oksuz Cocuk Sokak, Kurucesme, +90 212 2873243 [26]. Offers neo-Iznik pottery after recreating original formulas from original Iznik kilns, which functioned between 1450 and 1650.
- Sedef Mum, 50 Irmak Caddesi, Dolapdere, +90 212 2535793. Artisans of the time honored art of candle making, intricately sculpted and aromatic wares make very portable gifts.