YEARLY HIGH
2.9469 TRY
YEARLY LOW
2.4330 TRY
YEARLY AVERAGE
2.6419 TRY

2017 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on November 28, valuing the pair at 2.9469. Conversely, the yearly low was recorded on January 1, dropping to 2.4330.

This high-to-low spread represents a total annual volatility of 0.5139 TRY. From a start-to-finish perspective, comparing the January average rate of 2.6182 to the December average rate of 2.8514, the exchange rate registered a net change of 8.91% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 2.9469 was up 18.50% compared to the 2016 peak of 2.4869, 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 14,735 TRY
2016 Average 10,947 TRY
Yearly Trough Low 12,165 TRY
Transaction Impact: A difference of 2,569.38 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

2.9041
2.5099
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 2.5884, compared to 2.6953 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1069 points.

H1 Avg (Jan–Jun) 2.5884
H2 Avg (Jul–Dec) 2.6953

Volatility Range Comparison

Volatility

The most volatile month in 2017 was January, with a trading range of 0.2847 TRY (High: 2.7178 / Low: 2.4330). On the other end, June was the most stable month, with a tight range of 0.0475 TRY (High: 2.5688 / Low: 2.5213).

January Spread (Volatile) ±0.2847
June Spread (Stable) ±0.0475

Growth Streaks & Declines

Trends

Between September and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0520 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0520

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2017: 2.8712) against the same month in 2016 (average: 2.3335), the exchange rate shifted by +0.5377 (+23.04%).

2017 Avg (November) 2.8712
2016 Avg (November) 2.3335

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.7178 2.4330 2.6182
February 2.6701 2.5336 2.5889
March 2.6558 2.5807 2.6132
April 2.6548 2.5421 2.6098
May 2.6021 2.5180 2.5577
June 2.5688 2.5213 2.5428
July 2.6208 2.5572 2.5947
August 2.6088 2.5356 2.5772
September 2.6324 2.5245 2.5710
October 2.7918 2.6203 2.7065
November 2.9469 2.7969 2.8712
December 2.9100 2.8228 2.8514