YEARLY HIGH
5.0498 TRY
YEARLY LOW
2.8110 TRY
YEARLY AVERAGE
3.5784 TRY

2018 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on August 13, valuing the pair at 5.0498. Conversely, the yearly low was recorded on January 8, dropping to 2.8110.

This high-to-low spread represents a total annual volatility of 2.2389 TRY. From a start-to-finish perspective, comparing the January average rate of 2.8534 to the December average rate of 3.8735, the exchange rate registered a net change of 35.75% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2018 high of 5.0498 was up 71.36% compared to the 2017 peak of 2.9469, 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 25,249 TRY
2017 Average 13,211 TRY
Yearly Trough Low 14,055 TRY
Transaction Impact: A difference of 11,194.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

4.7797
2.6783
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 3.0849, compared to 4.0718 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.9869 points.

H1 Avg (Jan–Jun) 3.0849
H2 Avg (Jul–Dec) 4.0718

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 1.3913 TRY (High: 5.0498 / Low: 3.6585). On the other end, February was the most stable month, with a tight range of 0.0273 TRY (High: 2.8813 / Low: 2.8540).

August Spread (Volatile) ±1.3913
February Spread (Stable) ±0.0273

Growth Streaks & Declines

Trends

Between January and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.3897 points.

Longest Streak 8 Mo.
Sharpest MoM Drop -0.3897

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (August 2018: 4.3380) against the same month in 2017 (average: 2.5772), the exchange rate shifted by +1.7608 (+68.32%).

2018 Avg (August) 4.3380
2017 Avg (August) 2.5772

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 2.9006 2.8110 2.8534
February 2.8813 2.8540 2.8678
March 3.0575 2.8805 2.9603
April 3.1647 3.0165 3.0871
May 3.5498 3.0803 3.3070
June 3.5239 3.3494 3.4339
July 3.6122 3.3675 3.5016
August 5.0498 3.6585 4.3380
September 4.8429 4.3921 4.6046
October 4.4818 3.9498 4.2148
November 4.0137 3.7737 3.8986
December 3.9467 3.7958 3.8735