2020 TRY to SGD Historical Review

YEARLY HIGH

0.2324 SGD

YEARLY LOW

0.1582 SGD

YEARLY AVERAGE

0.1985 SGD

2020 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 9, valuing the pair at 0.2324. Conversely, the yearly low was recorded on November 7, dropping to 0.1582.

This high-to-low spread represents a total annual volatility of 0.0742 SGD. From a start-to-finish perspective, comparing the January average rate of 0.2280 to the December average rate of 0.1730, the exchange rate registered a net change of -24.13% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.2324 was down 10.56% compared to the 2019 peak of 0.2598, 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 11,619 SGD

2019 Average 12,018 SGD

Yearly Trough Low 7,909 SGD

Transaction Impact: A difference of 3,710.33 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.2350

0.1634

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 0.2163, compared to 0.1808 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0355 points.

H1 Avg (Jan–Jun) 0.2163

H2 Avg (Jul–Dec) 0.1808

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0202 SGD (High: 0.1784 / Low: 0.1582). On the other end, January was the most stable month, with a tight range of 0.0040 SGD (High: 0.2300 / Low: 0.2260).

November Spread (Volatile) ±0.0202

January Spread (Stable) ±0.0040

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0154 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0154

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2020: 0.2290) against the same month in 2019 (average: 0.2567), the exchange rate shifted by -0.0277 (-10.78%).

2020 Avg (February) 0.2290

2019 Avg (February) 0.2567

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2300	0.2260	0.2280
February	0.2324	0.2232	0.2290
March	0.2278	0.2149	0.2233
April	0.2156	0.2019	0.2079
May	0.2104	0.1976	0.2049
June	0.2087	0.2029	0.2045
July	0.2036	0.1966	0.2020
August	0.1980	0.1849	0.1882
September	0.1848	0.1750	0.1811
October	0.1758	0.1637	0.1711
November	0.1784	0.1582	0.1693
December	0.1796	0.1692	0.1730