YEARLY HIGH
0.8361 SGD
YEARLY LOW
0.6753 SGD
YEARLY AVERAGE
0.7521 SGD

2011 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 6, valuing the pair at 0.8361. Conversely, the yearly low was recorded on August 22, dropping to 0.6753.

This high-to-low spread represents a total annual volatility of 0.1608 SGD. From a start-to-finish perspective, comparing the January average rate of 0.8213 to the December average rate of 0.6928, the exchange rate registered a net change of -15.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2011 high of 0.8361 was down 12.72% compared to the 2010 peak of 0.9579, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 41,803 SGD
2010 Average 45,217 SGD
Yearly Trough Low 33,765 SGD
Transaction Impact: A difference of 8,037.59 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

0.8345
0.6757
JanuMarcMayJulySeptNove

TRY to SGD 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 0.8006, compared to 0.7036 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0970 points.

H1 Avg (Jan–Jun) 0.8006
H2 Avg (Jul–Dec) 0.7036

Volatility Range Comparison

Volatility

The most volatile month in 2011 was July, with a trading range of 0.0596 SGD (High: 0.7621 / Low: 0.7026). On the other end, February was the most stable month, with a tight range of 0.0150 SGD (High: 0.8097 / Low: 0.7947).

July Spread (Volatile) ±0.0596
February Spread (Stable) ±0.0150

Growth Streaks & Declines

Trends

Between August and November, 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 July and August, when the average rate fell by 0.0458 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0458

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2011: 0.8213) against the same month in 2010 (average: 0.9466), the exchange rate shifted by -0.1253 (-13.23%).

2011 Avg (January) 0.8213
2010 Avg (January) 0.9466

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.8361 0.7981 0.8213
February 0.8097 0.7947 0.8028
March 0.8159 0.7846 0.8032
April 0.8356 0.8057 0.8198
May 0.8059 0.7702 0.7860
June 0.7847 0.7543 0.7707
July 0.7621 0.7026 0.7347
August 0.7163 0.6753 0.6890
September 0.7119 0.6838 0.6958
October 0.7200 0.6807 0.6981
November 0.7243 0.6960 0.7114
December 0.7042 0.6805 0.6928