YEARLY HIGH
4.5233 TRY
YEARLY LOW
3.8489 TRY
YEARLY AVERAGE
4.1645 TRY

2019 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on May 8, valuing the pair at 4.5233. Conversely, the yearly low was recorded on January 31, dropping to 3.8489.

This high-to-low spread represents a total annual volatility of 0.6745 TRY. From a start-to-finish perspective, comparing the January average rate of 3.9519 to the December average rate of 4.3185, the exchange rate registered a net change of 9.28% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2019 high of 4.5233 was down 10.43% compared to the 2018 peak of 5.0498, 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 22,617 TRY
2018 Average 17,911 TRY
Yearly Trough Low 19,244 TRY
Transaction Impact: A difference of 3,372.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

4.4566
3.8451
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 4.1385, compared to 4.1906 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0521 points.

H1 Avg (Jan–Jun) 4.1385
H2 Avg (Jul–Dec) 4.1906

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.3157 TRY (High: 4.3857 / Low: 4.0700). On the other end, November was the most stable month, with a tight range of 0.0612 TRY (High: 4.2423 / Low: 4.1812).

April Spread (Volatile) ±0.3157
November Spread (Stable) ±0.0612

Growth Streaks & Declines

Trends

Between February and May, 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 May and June, when the average rate fell by 0.1368 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.1368

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2019: 4.4057) against the same month in 2018 (average: 3.3070), the exchange rate shifted by +1.0987 (+33.22%).

2019 Avg (May) 4.4057
2018 Avg (May) 3.3070

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 4.0496 3.8489 3.9519
February 3.9531 3.8501 3.8961
March 4.2613 3.9655 4.0499
April 4.3857 4.0700 4.2585
May 4.5233 4.2510 4.4057
June 4.3097 4.1870 4.2688
July 4.2231 4.0567 4.1649
August 4.2031 3.9599 4.0781
September 4.2012 4.0876 4.1387
October 4.3316 4.1207 4.2279
November 4.2423 4.1812 4.2154
December 4.4119 4.2020 4.3185