YEARLY HIGH
2.4869 TRY
YEARLY LOW
2.0553 TRY
YEARLY AVERAGE
2.1888 TRY

2016 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 2.4869. Conversely, the yearly low was recorded on January 3, dropping to 2.0553.

This high-to-low spread represents a total annual volatility of 0.4315 TRY. From a start-to-finish perspective, comparing the January average rate of 2.0963 to the December average rate of 2.4385, the exchange rate registered a net change of 16.33% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2016 high of 2.4869 was up 14.49% compared to the 2015 peak of 2.1722, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 SGD based on timing:

Yearly Peak High 12,434 TRY
2015 Average 9,903 TRY
Yearly Trough Low 10,277 TRY
Transaction Impact: A difference of 2,157.61 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

2.4727
2.0621
JanuMarcMayJulySeptNove

SGD to TRY Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.1156, compared to 2.2621 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1466 points.

H1 Avg (Jan–Jun) 2.1156
H2 Avg (Jul–Dec) 2.2621

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.1782 TRY (High: 2.4185 / Low: 2.2404). On the other end, March was the most stable month, with a tight range of 0.0281 TRY (High: 2.1157 / Low: 2.0876).

November Spread (Volatile) ±0.1782
March Spread (Stable) ±0.0281

Growth Streaks & Declines

Trends

Between April and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0137 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0137

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2016: 2.4385) against the same month in 2015 (average: 2.0751), the exchange rate shifted by +0.3634 (+17.51%).

2016 Avg (December) 2.4385
2015 Avg (December) 2.0751

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.1167 2.0553 2.0963
February 2.1232 2.0637 2.0963
March 2.1157 2.0876 2.1006
April 2.1145 2.0815 2.0996
May 2.1702 2.0796 2.1475
June 2.1710 2.1338 2.1531
July 2.2642 2.1452 2.2008
August 2.2430 2.1711 2.1964
September 2.2004 2.1692 2.1827
October 2.2358 2.2011 2.2209
November 2.4185 2.2404 2.3335
December 2.4869 2.4066 2.4385