2022 SGD to TRY Historical Review

YEARLY HIGH

13.9385 TRY

YEARLY LOW

9.6527 TRY

YEARLY AVERAGE

12.0003 TRY

2022 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 31, valuing the pair at 13.9385. Conversely, the yearly low was recorded on January 3, dropping to 9.6527.

This high-to-low spread represents a total annual volatility of 4.2859 TRY. From a start-to-finish perspective, comparing the January average rate of 10.0178 to the December average rate of 13.7948, the exchange rate registered a net change of 37.70% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2022 high of 13.9385 was up 14.32% compared to the 2021 peak of 12.1923, 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 69,693 TRY

2021 Average 33,047 TRY

Yearly Trough Low 48,263 TRY

Transaction Impact: A difference of 21,429.28 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

14.1725

9.6401

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 10.8720, compared to 13.1286 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 2.2566 points.

H1 Avg (Jan–Jun) 10.8720

H2 Avg (Jul–Dec) 13.1286

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 1.2817 TRY (High: 11.9891 / Low: 10.7074). On the other end, August was the most stable month, with a tight range of 0.1501 TRY (High: 13.1058 / Low: 12.9558).

May Spread (Volatile) ±1.2817

August Spread (Stable) ±0.1501

Growth Streaks & Declines

Trends

Between January and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between August and September, when the average rate fell by 0.0618 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0618

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2022: 13.7948) against the same month in 2021 (average: 9.8692), the exchange rate shifted by +3.9256 (+39.78%).

2022 Avg (December) 13.7948

2021 Avg (December) 9.8692

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	10.2359	9.6527	10.0178
February	10.3602	9.9234	10.1272
March	10.9320	10.2349	10.7582
April	10.8370	10.6740	10.7724
May	11.9891	10.7074	11.3026
June	12.5205	11.9227	12.2538
July	13.0107	11.9952	12.5151
August	13.1058	12.9558	13.0201
September	13.0587	12.8271	12.9583
October	13.2647	12.8865	13.0515
November	13.7086	13.0950	13.4319
December	13.9385	13.7104	13.7948