The peace process in Turkey, since its inception, has not paid any attention to internal displacement or its gendered aspects. This study analyses how displaced women remember the gendered aspects of displacement and perceive reconciliation and peace. The analysis, based on interviews with 42 internally displaced women, shows that changing domestic and international contexts have substantive impact on how displaced women remember their stories and the meaning they attach to their ethnic identities. Consequently, it suggests that if the peace process is re‐initiated, leaders need to take into consideration that each component of reconciliation (justice, peace, trust towards the state, intergroup relations and truth‐telling) has different difficulties to be overcome when the gendered aspect of displacement is taken into account and consider return not only as a realistic demand but also as a political wish.