YEARLY HIGH
0.6044 SGD
YEARLY LOW
0.5481 SGD
YEARLY AVERAGE
0.5795 SGD

2014 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2014

During 2014, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on May 13, valuing the pair at 0.6044. Conversely, the yearly low was recorded on January 26, dropping to 0.5481.

This high-to-low spread represents a total annual volatility of 0.0563 SGD. From a start-to-finish perspective, comparing the January average rate of 0.5735 to the December average rate of 0.5737, the exchange rate registered a net change of 0.03% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2014 high of 0.6044 was down 14.80% compared to the 2013 peak of 0.7094, 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 30,220 SGD
2013 Average 32,910 SGD
Yearly Trough Low 27,405 SGD
Transaction Impact: A difference of 2,815.46 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2014.

0.6020
0.5619
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 0.5832, compared to 0.5758 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0073 points.

H1 Avg (Jan–Jun) 0.5832
H2 Avg (Jul–Dec) 0.5758

Volatility Range Comparison

Volatility

The most volatile month in 2014 was January, with a trading range of 0.0409 SGD (High: 0.5890 / Low: 0.5481). On the other end, May was the most stable month, with a tight range of 0.0108 SGD (High: 0.6044 / Low: 0.5936).

January Spread (Volatile) ±0.0409
May Spread (Stable) ±0.0108

Growth Streaks & Declines

Trends

Between March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0083 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0083

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (May 2014: 0.5986) against the same month in 2013 (average: 0.6845), the exchange rate shifted by -0.0858 (-12.54%).

2014 Avg (May) 0.5986
2013 Avg (May) 0.6845

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.5890 0.5481 0.5735
February 0.5818 0.5601 0.5734
March 0.5857 0.5662 0.5726
April 0.5969 0.5844 0.5903
May 0.6044 0.5936 0.5986
June 0.6024 0.5827 0.5907
July 0.5931 0.5817 0.5867
August 0.5852 0.5732 0.5784
September 0.5809 0.5597 0.5709
October 0.5806 0.5574 0.5652
November 0.5879 0.5706 0.5802
December 0.5893 0.5542 0.5737