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SGD to TRY - Rate Guide

Singapore Dollar to Turkish Lira exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money/Card transactions as shown below.

 

1 SGD = 4.3497 TRY

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SGD to TRY - Trading Range (90 Day)
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SGD/TRY at 4.363 is trading 1% above the 90-day average 4.321 with a range 4.1811 to 4.427. There are no current rate alerts.
19-Feb-2020 16:NY 21:LON 08:SYD+1d

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Quick Conversions from Singapore Dollar to Turkish Lira

SGD

TRY

S$ 1
4.3497
S$ 5
21.75
S$ 10
43.50
S$ 20
86.99
S$ 50
217.49
S$ 100
434.97
S$ 250
1,087
S$ 500
2,175
S$ 1,000
4,350
S$ 2,000
8,699
S$ 5,000
21,749
S$ 10,000
43,497
S$ 50,000
217,485
S$ 100,000
434,970
More amounts

SGD

TRY

S$ 0.2299
1
S$ 1.1495
5
S$ 2.2990
10
S$ 4.5980
20
S$ 11.50
50
S$ 22.99
100
S$ 57.48
250
S$ 114.95
500
S$ 229.90
1,000
S$ 459.80
2,000
S$ 1,150
5,000
S$ 2,299
10,000
S$ 11,495
50,000
S$ 22,990
100,000
More amounts

To calculate specific SGD/TRY amounts use our Convert SGD to TRY quick calculator.


Comparing Foreign Exchange Providers

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers, Travel Money and prepaid multi-currency Travel Card transactions.

The Exchange rate you are offered can also vary significantly depending on the transaction type (transfer, cash or card), currency pair and amount. The below table shows an example of total costs charged by FX specialists and banks for SGD/TRY International Money Transfers. Costs are calculated against the current interbank mid-rate.

 
  

SGD to TRY International Money Transfers

  

Foreign Transfer ProvidersReceive TRY(₺)Exchange RateFee SGDTotal CostDeal Links
TransferWise logo
43,3514.3573S$510.61%
OFX logo
42,6374.26370 for BER users (normally $15)2.25%
DBS Bank logo
42,1554.2231183.35%
OCBC Bank International Money Transfers
OCBC Bank logo
42,0154.2439S$1003.67%
Banks - Average Rate
DBS Bank logo Citibank logo HSBC logo OCBC Bank logo
41,8204.1974184.12%
HSBC logo
41,7414.1804S$154.3%
Citibank International Money Transfers
Citibank logo
41,3704.142125.15%
WorldRemit logo
Your amount above the WorldRemit SGD2000 maximum
 
TransferWise logo
TransferWise: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:S$51 SGD (0.5% + S$1)
Exchange Rate:4.3573 (0.1% from mid-rate)
To Amount (TRY)43,351
Total Cost:0.61%
Time:1:11 Local
Transfer Speed:0-2 days
Services:Bank Transfers - Online, Foreign Currency Accounts + Multi-currency debit card
Rating:
 
: 4.6/5.0
Reviews:
 
OFX logo
OFX: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:0 for BER users (normally $15)
Exchange Rate:4.2637 (2.25% from mid-rate)
To Amount (TRY)42,637
Total Cost:2.25%
Difference:
₺714 TRY less than using TransferWise
Time:
Rate Fetched: Thu Feb 20 2020 00:16:07 GMT+0000 (UTC)
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Reviews:
 
DBS Bank logo
DBS Bank: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:4.2231 (3.18% from mid-rate)
To Amount (TRY)42,155
Total Cost:3.35%
Difference:
₺1,196 TRY less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
OCBC Bank logo
OCBC Bank: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:S$100 SGD (1%)
Exchange Rate:4.2439 (2.7% from mid-rate)
To Amount (TRY)42,015
Total Cost:3.67%
Difference:
₺1,336 TRY less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Banks - Average Rate
Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:18
Exchange Rate:4.1890 (3.96% from mid-rate)
To Amount (TRY)41,820
Total Cost:4.12%
Difference:
₺1,531 TRY less than using TransferWise
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
 
HSBC logo
HSBC: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:S$15 SGD (.15%)
Exchange Rate:4.1804 (4.16% from mid-rate)
To Amount (TRY)41,741
Total Cost:4.3%
Difference:
₺1,610 TRY less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
Citibank logo
Citibank: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:12
Exchange Rate:4.1420 (5.04% from mid-rate)
To Amount (TRY)41,370
Total Cost:5.15%
Difference:
₺1,981 TRY less than using TransferWise
Time:1:11 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Reviews:
 
WorldRemit logo
WorldRemit: Foreign Transfer SGD→TRY
From Amount (SGD)S$10,000
Fee:
Transfer Speed:1 day
Services:Bank Transfers & Cash Pickup - Online only
Rating:
 
: 4.5/5.0
Reviews:
 
Snapshot 02/20/2020 - View latest rates
 

Country Guides (SGD & TRY)

SingaporeSingapore (SGD)TurkeyTurkey (TRY)

SGD and TRY in the Markets

When determining the best time to make a foreign exchange transaction, in this case the SGD vs TRY, you should pay attention to the recent market trends for both currencies.

Singapore Dollar (SGD)

Singapore was added to a US watchlist of suspected currency manipulators in May. Though that means little right now in terms of economic implications, it created some negative sentiment that spurred a rise in USD/SGD to a 6-month high (SGD low) of S$1.384.

Overall, it’s been a mixed 2019 for the Singapore dollar, with small gains (<2 percent) against the euro and Australian dollar, but small losses against the US dollar and pound.

In May, SGD was pressured by data showing core inflation at a 1-year low, by an escalation in US-China trade tensions, and after Singapore’s Ministry of Trade and Industry downgraded 2019 growth forecasts. At 1.2 percent, quarterly growth in the Lion City has slowed to its lowest level in a decade.

All said, the Monetary Authority of Singapore will, at best, keep monetary policy unchanged when it next meets in October (there's a chance it could turn dovish).

Read more in the article SGD Forecasts.

 

Turkish Lira (TRY)

In the second half of April, the lira slipped to its weakest level in 6 months against the dollar, at ₺5.83. It was 11.5 percent lower than its strongest level from January, but was 21.5 percent higher than its 2018 low (2018 was a crisis year for the lira).

In April, Turkey described a reform package aimed at lifting the economy out of recession. The package included billions injected into banks, reduced tax exemptions, lower corporate tax rates and a crackdown on the shadow economy; however, ratings agencies did not see many positives in the plans due to inadequate details.

TradingEconomics.com sees the lira quoted 5 percent weaker against the dollar in April 2020, at ₺6.14.


How to get Best SGD to TRY Exchange Rates

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate).

The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

What is a good SGD to TRY exchange rate?

This is a difficult question and the answer really depends on many factors. The best way to consider an exchange rate's relative value is to look at the rate's history.

The following table looks at the change in the SGD to TRY exchange rate to the present day for periods going back upto 10 years.

PeriodChange*SGD/TRYDate
1 Day+0.1%4.357118 Feb 2020
7 Day+0.2%4.353812 Feb 2020
30 Day-0.6%4.391920 Jan 2020
3 Month+4.4%4.181221 Nov 2019
1 Year+11.7%3.907119 Feb 2019
5 Year+141.9%1.803520 Feb 2015
10 Year+305.2%1.076921 Feb 2010

*For period to 19-Feb 21UTC when SGD/TRY was 4.3635

When is the best time to exchange SGD to TRY?

Getting a good market rate is all about timing to help with this you can use BER Smart Alerts to make the most of currency movements.

Rather than requiring you to set a target rate, our rate alerts work differently. We check for daily high/lows and changes (up/down) over a range of periods up to 90 days rather than requiring you to set target rates.

Setup myBER FX Alerts

We help you Save Money on Exchange Rates.

 

View all SGD Exchange Rates