YEARLY HIGH
12.1923 TRY
YEARLY LOW
5.2522 TRY
YEARLY AVERAGE
6.6005 TRY

2021 SGD to TRY Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the SGD to TRY exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 12.1923. Conversely, the yearly low was recorded on February 17, dropping to 5.2522.

This high-to-low spread represents a total annual volatility of 6.9400 TRY. From a start-to-finish perspective, comparing the January average rate of 5.5804 to the December average rate of 9.8692, the exchange rate registered a net change of 76.85% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 12.1923 was up 92.86% compared to the 2020 peak of 6.3218, 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 60,961 TRY
2020 Average 25,490 TRY
Yearly Trough Low 26,261 TRY
Transaction Impact: A difference of 34,700.23 TRY purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

10.3211
4.8983
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 5.9295, compared to 7.2716 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 1.3421 points.

H1 Avg (Jan–Jun) 5.9295
H2 Avg (Jul–Dec) 7.2716

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 4.3230 TRY (High: 12.1923 / Low: 7.8693). On the other end, January was the most stable month, with a tight range of 0.1601 TRY (High: 5.6347 / Low: 5.4746).

December Spread (Volatile) ±4.3230
January Spread (Stable) ±0.1601

Growth Streaks & Declines

Trends

Between February and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.2302 points.

Longest Streak 4 Mo.
Sharpest MoM Drop -0.2302

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 9.8692) against the same month in 2020 (average: 5.7821), the exchange rate shifted by +4.0871 (+70.68%).

2021 Avg (December) 9.8692
2020 Avg (December) 5.7821

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 5.6347 5.4746 5.5804
February 5.5838 5.2522 5.3502
March 6.1830 5.3790 5.7309
April 6.3422 6.0202 6.1291
May 6.4830 6.2141 6.3118
June 6.5611 6.3264 6.4745
July 6.4521 6.2421 6.3448
August 6.3757 6.1745 6.2587
September 6.5632 6.1708 6.3598
October 7.2086 6.5226 6.8397
November 9.8912 7.0790 7.9573
December 12.1923 7.8693 9.8692