2021 TRY to SGD Historical Review

YEARLY HIGH

0.1904 SGD

YEARLY LOW

0.0820 SGD

YEARLY AVERAGE

0.1556 SGD

2021 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on February 17, valuing the pair at 0.1904. Conversely, the yearly low was recorded on December 19, dropping to 0.0820.

This high-to-low spread represents a total annual volatility of 0.1084 SGD. From a start-to-finish perspective, comparing the January average rate of 0.1792 to the December average rate of 0.1026, the exchange rate registered a net change of -42.75% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2021 high of 0.1904 was down 18.07% compared to the 2020 peak of 0.2324, 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 9,520 SGD

2020 Average 9,922 SGD

Yearly Trough Low 4,101 SGD

Transaction Impact: A difference of 5,418.79 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

0.1954

0.0942

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 0.1695, compared to 0.1418 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0277 points.

H1 Avg (Jan–Jun) 0.1695

H2 Avg (Jul–Dec) 0.1418

Volatility Range Comparison

Volatility

The most volatile month in 2021 was December, with a trading range of 0.0451 SGD (High: 0.1271 / Low: 0.0820). On the other end, August was the most stable month, with a tight range of 0.0051 SGD (High: 0.1620 / Low: 0.1568).

December Spread (Volatile) ±0.0451

August Spread (Stable) ±0.0051

Growth Streaks & Declines

Trends

Between June and August, 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 November and December, when the average rate fell by 0.0244 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0244

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2021: 0.1870) against the same month in 2020 (average: 0.2290), the exchange rate shifted by -0.0421 (-18.36%).

2021 Avg (February) 0.1870

2020 Avg (February) 0.2290

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1827	0.1775	0.1792
February	0.1904	0.1791	0.1870
March	0.1859	0.1617	0.1748
April	0.1661	0.1577	0.1632
May	0.1609	0.1543	0.1585
June	0.1581	0.1524	0.1545
July	0.1602	0.1550	0.1576
August	0.1620	0.1568	0.1598
September	0.1621	0.1524	0.1573
October	0.1533	0.1387	0.1464
November	0.1413	0.1011	0.1270
December	0.1271	0.0820	0.1026