2022 TRY to SGD Historical Review

YEARLY HIGH

0.1036 SGD

YEARLY LOW

0.0717 SGD

YEARLY AVERAGE

0.0843 SGD

2022 TRY to SGD Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the TRY to SGD exchange rate experienced significant fluctuation. The market reached its absolute peak on January 3, valuing the pair at 0.1036. Conversely, the yearly low was recorded on December 31, dropping to 0.0717.

This high-to-low spread represents a total annual volatility of 0.0319 SGD. From a start-to-finish perspective, comparing the January average rate of 0.0998 to the December average rate of 0.0725, the exchange rate registered a net change of -27.39% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.1036 was down 45.59% compared to the 2021 peak of 0.1904, 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 5,180 SGD

2021 Average 7,772 SGD

Yearly Trough Low 3,587 SGD

Transaction Impact: A difference of 1,592.73 SGD purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.1026

0.0698

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 0.0924, compared to 0.0763 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0162 points.

H1 Avg (Jan–Jun) 0.0924

H2 Avg (Jul–Dec) 0.0763

Volatility Range Comparison

Volatility

The most volatile month in 2022 was May, with a trading range of 0.0100 SGD (High: 0.0934 / Low: 0.0834). On the other end, August was the most stable month, with a tight range of 0.0009 SGD (High: 0.0772 / Low: 0.0763).

May Spread (Volatile) ±0.0100

August Spread (Stable) ±0.0009

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2022. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 0.0070 points.

Longest Streak 1 Mo.

Sharpest MoM Drop -0.0070

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2022: 0.0998) against the same month in 2021 (average: 0.1792), the exchange rate shifted by -0.0794 (-44.29%).

2022 Avg (January) 0.0998

2021 Avg (January) 0.1792

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.1036	0.0977	0.0998
February	0.1008	0.0965	0.0988
March	0.0977	0.0915	0.0930
April	0.0937	0.0923	0.0928
May	0.0934	0.0834	0.0886
June	0.0839	0.0799	0.0816
July	0.0834	0.0769	0.0800
August	0.0772	0.0763	0.0768
September	0.0780	0.0766	0.0772
October	0.0776	0.0754	0.0766
November	0.0764	0.0729	0.0745
December	0.0729	0.0717	0.0725