The above is/was correct, but for the last 1-2 years they actually flipped it around, artificially valuing the currency against USD, EUR while not keeping inflation under check. The inflation in TRY has been >100% for the last few years, while the TRY/USD parity barely moved. So it means that the prices are approximately at NYC levels for e.g. restaurants, and is shockingly expensive for most tourists, let alone the local people.
The above is/was correct, but for the last 1-2 years they actually flipped it around, artificially valuing the currency against USD, EUR while not keeping inflation under check. The inflation in TRY has been >100% for the last few years, while the TRY/USD parity barely moved. So it means that the prices are approximately at NYC levels for e.g. restaurants, and is shockingly expensive for most tourists, let alone the local people.