YEARLY HIGH
0.4865 SGD
YEARLY LOW
0.4021 SGD
YEARLY AVERAGE
0.4578 SGD

2016 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2016

During 2016, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.4865. Conversely, the yearly low was recorded on December 4, dropping to 0.4021.

This high-to-low spread represents a total annual volatility of 0.0844 SGD. From a start-to-finish perspective, comparing the January average rate of 0.4771 to the December average rate of 0.4101, the exchange rate registered a net change of -14.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2016 high of 0.4865 was down 16.77% compared to the 2015 peak of 0.5846, 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 24,327 SGD
2015 Average 25,329 SGD
Yearly Trough Low 20,106 SGD
Transaction Impact: A difference of 4,221.25 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2016.

0.4838
0.4034
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 0.4728, compared to 0.4429 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0299 points.

H1 Avg (Jan–Jun) 0.4728
H2 Avg (Jul–Dec) 0.4429

Volatility Range Comparison

Volatility

The most volatile month in 2016 was November, with a trading range of 0.0329 SGD (High: 0.4464 / Low: 0.4135). On the other end, March was the most stable month, with a tight range of 0.0064 SGD (High: 0.4790 / Low: 0.4727).

November Spread (Volatile) ±0.0329
March Spread (Stable) ±0.0064

Growth Streaks & Declines

Trends

Between July and September, 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 October and November, when the average rate fell by 0.0215 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0215

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2016: 0.4771) against the same month in 2015 (average: 0.5720), the exchange rate shifted by -0.0949 (-16.59%).

2016 Avg (January) 0.4771
2015 Avg (January) 0.5720

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.4865 0.4724 0.4771
February 0.4846 0.4710 0.4771
March 0.4790 0.4727 0.4761
April 0.4804 0.4729 0.4763
May 0.4809 0.4608 0.4657
June 0.4686 0.4606 0.4645
July 0.4662 0.4417 0.4545
August 0.4606 0.4458 0.4554
September 0.4610 0.4545 0.4582
October 0.4543 0.4473 0.4503
November 0.4464 0.4135 0.4288
December 0.4155 0.4021 0.4101