SGD/TRY: what to know
The SGD/TRY rate shows how much TRY you get for 1 SGD. Right now, 1 SGD buys 37.7914 TRY at the mid-market rate. In the other direction, 1 TRY is worth 0.0265 SGD.
In the short term SGD is driven mainly by the MAS-managed currency basket, while TRY responds to high inflation and central-bank policy.
The Singapore Dollar (SGD) is issued by Monetary Authority of Singapore. The Singapore and Brunei dollars are interchangeable at par. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the SGD/TRY rate has ranged between 32.1358 and 38.3574 — a change of +18.92% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.