YEARLY HIGH
0.3557 SGD
YEARLY LOW
0.1980 SGD
YEARLY AVERAGE
0.2869 SGD

2018 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2018

During 2018, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 8, valuing the pair at 0.3557. Conversely, the yearly low was recorded on August 13, dropping to 0.1980.

This high-to-low spread represents a total annual volatility of 0.1577 SGD. From a start-to-finish perspective, comparing the January average rate of 0.3505 to the December average rate of 0.2582, the exchange rate registered a net change of -26.33% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2018 high of 0.3557 was down 13.44% compared to the 2017 peak of 0.4110, 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 17,787 SGD
2017 Average 18,956 SGD
Yearly Trough Low 9,901 SGD
Transaction Impact: A difference of 7,886.14 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2018.

0.3638
0.2040
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 0.3259, compared to 0.2480 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0779 points.

H1 Avg (Jan–Jun) 0.3259
H2 Avg (Jul–Dec) 0.2480

Volatility Range Comparison

Volatility

The most volatile month in 2018 was August, with a trading range of 0.0753 SGD (High: 0.2733 / Low: 0.1980). On the other end, February was the most stable month, with a tight range of 0.0033 SGD (High: 0.3504 / Low: 0.3471).

August Spread (Volatile) ±0.0753
February Spread (Stable) ±0.0033

Growth Streaks & Declines

Trends

Between September and December, 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 0.0532 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0532

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2018: 0.3505) against the same month in 2017 (average: 0.3823), the exchange rate shifted by -0.0318 (-8.33%).

2018 Avg (January) 0.3505
2017 Avg (January) 0.3823

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.3557 0.3448 0.3505
February 0.3504 0.3471 0.3487
March 0.3472 0.3271 0.3379
April 0.3315 0.3160 0.3240
May 0.3246 0.2817 0.3028
June 0.2986 0.2838 0.2913
July 0.2970 0.2768 0.2857
August 0.2733 0.1980 0.2325
September 0.2277 0.2065 0.2173
October 0.2532 0.2231 0.2376
November 0.2650 0.2491 0.2566
December 0.2634 0.2534 0.2582