YEARLY HIGH
0.2598 SGD
YEARLY LOW
0.2211 SGD
YEARLY AVERAGE
0.2405 SGD

2019 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 31, valuing the pair at 0.2598. Conversely, the yearly low was recorded on May 8, dropping to 0.2211.

This high-to-low spread represents a total annual volatility of 0.0387 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2531 to the December average rate of 0.2316, the exchange rate registered a net change of -8.49% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 0.2598 was down 26.97% compared to the 2018 peak of 0.3557, 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 12,991 SGD
2018 Average 14,329 SGD
Yearly Trough Low 11,054 SGD
Transaction Impact: A difference of 1,937.01 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

0.2597
0.2240
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 0.2422, compared to 0.2388 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0034 points.

H1 Avg (Jan–Jun) 0.2422
H2 Avg (Jul–Dec) 0.2388

Volatility Range Comparison

Volatility

The most volatile month in 2019 was April, with a trading range of 0.0177 SGD (High: 0.2457 / Low: 0.2280). On the other end, November was the most stable month, with a tight range of 0.0034 SGD (High: 0.2392 / Low: 0.2357).

April Spread (Volatile) ±0.0177
November Spread (Stable) ±0.0034

Growth Streaks & Declines

Trends

Between May and August, 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 March and April, when the average rate fell by 0.0121 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0121

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 0.2531) against the same month in 2018 (average: 0.3505), the exchange rate shifted by -0.0974 (-27.78%).

2019 Avg (January) 0.2531
2018 Avg (January) 0.3505

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.2598 0.2469 0.2531
February 0.2597 0.2530 0.2567
March 0.2522 0.2347 0.2470
April 0.2457 0.2280 0.2349
May 0.2352 0.2211 0.2270
June 0.2388 0.2320 0.2343
July 0.2465 0.2368 0.2401
August 0.2525 0.2379 0.2453
September 0.2446 0.2380 0.2416
October 0.2427 0.2309 0.2366
November 0.2392 0.2357 0.2372
December 0.2380 0.2267 0.2316