SGD/TRY
Market Open
15 Jun, 10:28
₺
36. 10
-0.023924
-0.0662%
₺
81,092 Volume
₺ 36.125017
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SGDTRY Overview
SGDTRY denotes the exchange rate that expresses how many Turkish Lira are required to buy one Singapore Dollar. It tracks the relative value between Singapore’s currency and Turkey’s currency in the foreign exchange market.
The Singapore Dollar is the official currency of the Republic of Singapore and serves as the primary unit of account across the city-state. The Monetary Authority of Singapore (MAS) administers monetary policy and issues banknotes and coins, with the SGD widely used in regional trade and finance.
The Turkish Lira is the national currency of the Republic of Turkey and functions as the country’s legal tender. Banknotes and coins are issued by the Central Bank of the Republic of Turkey (CBRT), and the TRY is classified as an emerging-market currency that is sensitive to domestic macroeconomic developments.
Movements in the SGDTRY rate are driven by supply and demand dynamics in FX markets, interest-rate differentials, inflation trends and central bank actions in both economies. Geopolitical events, risk sentiment and capital flows also influence the pair, altering short-term volatility and longer-term trends.
For market participants, SGDTRY matters for trade settlement, corporate hedging, cross-border investment decisions and speculative strategies, as it encapsulates relative economic performance and policy divergence between Singapore and Turkey.
The Singapore Dollar is the official currency of the Republic of Singapore and serves as the primary unit of account across the city-state. The Monetary Authority of Singapore (MAS) administers monetary policy and issues banknotes and coins, with the SGD widely used in regional trade and finance.
The Turkish Lira is the national currency of the Republic of Turkey and functions as the country’s legal tender. Banknotes and coins are issued by the Central Bank of the Republic of Turkey (CBRT), and the TRY is classified as an emerging-market currency that is sensitive to domestic macroeconomic developments.
Movements in the SGDTRY rate are driven by supply and demand dynamics in FX markets, interest-rate differentials, inflation trends and central bank actions in both economies. Geopolitical events, risk sentiment and capital flows also influence the pair, altering short-term volatility and longer-term trends.
For market participants, SGDTRY matters for trade settlement, corporate hedging, cross-border investment decisions and speculative strategies, as it encapsulates relative economic performance and policy divergence between Singapore and Turkey.
SGDTRY Chart
SGDTRY FAQ
What is the current SGD/TRY price?
The current rate is ₺36.101092, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the SGD/TRY rate changed today?
The rate has changed by -0.023924 (-0.0662%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was ₺36.125017, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is SGD/TRY moving up or down?
Movements in SGD/TRY are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (-0.0662%) is based on the difference between the current rate and the previous closing rate.
Is SGD/TRY trending up or down right now?
If the current rate (₺36.101092) is below the previous close (₺36.125017), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for SGD/TRY directly on this page.
