Singapore Dollar to Turkish Lira (SGD/TRY) Exchange Rate Today
High movementToday's rate, how it compares to the last 30 days, and what you'll actually pay to convert.
Mid-market rate - no bank markup 200+ currencies Free
SGD to TRY Conversion Table
Common amounts converted from Singapore Dollar to Turkish Lira at today's rate.
| Singapore Dollar (SGD) | Turkish Lira (TRY) |
|---|---|
| 1 SGD | — |
| 5 SGD | — |
| 10 SGD | — |
| 25 SGD | — |
| 50 SGD | — |
| 100 SGD | — |
| 250 SGD | — |
| 500 SGD | — |
| 1,000 SGD | — |
| 5,000 SGD | — |
| 10,000 SGD | — |
| 50,000 SGD | — |
How much Turkish Lira will you actually receive?
Estimated cost to convert SGD 1,000 to TRY with different transfer services. Fees are sourced from published pricing pages and may vary by amount, payment method, and destination.
| Service | Rate | Fee | Total Cost | TRY received |
|---|---|---|---|---|
| Mid-market rate | — | - | - | — |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| — | — | — | — | |
| Typical bank Mar 2026 | — | — | — | — |
| Bureau de change Mar 2026 | — | — | — | — |
Some links are affiliate links and may earn us a commission at no extra cost to you. This does not affect our ranking - we sort by lowest total cost to you. Fees are estimates based on published pricing and may differ from your actual quote.
Converting Singapore Dollar to Turkish Lira? Expect volatility
SGD/TRY is a volatile pair that can move significantly in a single week. If you are transferring a large amount, consider splitting the conversion across several days to average out short-term swings. Check the 30-day range above to see whether today's rate is relatively good or poor.
SGD/TRY rate statistics
Is today's SGD/TRY rate good or bad?
We compare today's live Singapore Dollar to Turkish Lira mid-market rate against its 30-day and 52-week trading range. When the rate is near the top of its recent range, SGD holders get more Turkish Lira per unit - a better time to convert. When it is near the bottom, you may want to watch and wait.
The Turkish lira has experienced significant depreciation in recent years. For large conversions, consider splitting across multiple days to average out volatility risk. Historical comparisons should focus on the recent 30-day window.
The live analysis below updates throughout market hours and shows exactly where today's rate sits in context.
What is the SGD/TRY exchange rate?
The SGD/TRY rate tracks how many Turkish Lira one Singapore Dollar buys. Uniquely among major currencies, SGD is managed by the Monetary Authority of Singapore using the exchange rate itself as the primary monetary policy tool, rather than interest rates.
SGD is issued by the Monetary Authority of Singapore (MAS) (ranked 10th globally - meaning it's the 10th most bought and sold currency in the world). TRY is issued by the Central Bank of Turkey (TCMB) (ranked 18th). Full SGD profile | Full TRY profile
Singapore Dollar to Turkish Lira is frequently checked by travellers to Turkey and property investors in Istanbul and the Turkish coast.
Is today's SGD/TRY rate good or bad?
The Singapore Dollar to Turkish Lira mid-market rate shown above is the reference price before any provider adds fees or markup. It is not a guaranteed quote - your bank, card issuer, or transfer service will offer a different rate that includes their margin.
On a typical conversion, banks add 3-6% to this rate. The gap between the mid-market rate and what you actually receive is the real cost of converting - often larger than any flat fee. Banks widen their markup on volatile pairs like SGD/TRY to compensate for exchange rate risk. Specialist providers typically offer tighter spreads on this corridor.
Converting Singapore Dollar to Turkish Lira? Read this first
Visiting Turkey? TRY has depreciated significantly in recent years, so your purchasing power may be higher than you expect. PTT (post offices) and bank branches tend to offer better rates than standalone bureaux.
Watch out: Trying to time SGD/TRY is notoriously difficult - even professional traders get it wrong. If you need to convert, focus on minimising fees rather than predicting the market. Consider splitting large amounts across several days.
Frequently asked questions
Is now a good time to convert SGD to TRY?
Timing currency conversions requires knowing your own financial goals and risk tolerance, not market conditions alone. The SGD/TRY pair is highly volatile, meaning rates swing significantly based on central bank decisions, inflation data, and geopolitical shifts in Turkey.
Check the rate panel above to see current levels, then compare them to your historical baseline - if you need to move money for a specific purpose like education or investment in Turkey, conversion timing matters less than securing a competitive rate when you're ready. The Central Bank of Turkey and Monetary Authority of Singapore both influence this pair, so monitor their policy announcements if you're planning a larger transfer.
What moves the SGD/TRY exchange rate?
The SGD/TRY rate responds primarily to the stark policy divergence between two central banks: the Monetary Authority of Singapore typically maintains conservative monetary policy supporting the Singapore Dollar's stability, while the Central Bank of Turkey often adjusts rates aggressively to combat inflation in Turkey. Geopolitical events affecting Turkey - sanctions, trade disputes, or regional tensions - create sudden movements in this pair since the lira reacts sharply to risk sentiment.
Interest rate differentials between the two countries drive longer-term trends, while commodity prices (Turkey imports significant energy) and cross-currency flows through Asian and emerging markets hubs add secondary pressure to SGD/TRY volatility.
Will Singapore Dollar get stronger or weaker against Turkish Lira?
Making exchange rate predictions goes against reliable financial practice - no one consistently forecasts currency movements, especially for volatile emerging market pairs like SGD/TRY. Rather than guess, focus on factors to watch: interest rate decisions from both central banks, Turkey's inflation trajectory and current account balance, and Singapore's economic growth data.
The comparison table on this page shows recent SGD/TRY movement, which can help you understand volatility patterns, but past performance never guarantees future direction. Your own needs and timeline matter far more than directional bets.
How can I avoid fees when converting SGD to TRY?
Fee structures vary dramatically by provider - banks typically charge higher markups than specialist currency brokers or fintech platforms. Review the rate panel above to see the real-time mid-market rate, then compare quotes from multiple providers to see how much margin each one adds above that rate.
Online platforms often undercut banks on fees, while transferring larger amounts may unlock better rates from some providers. Ask each provider for their all-in cost before committing, including wire fees if you're sending money across borders, since hidden charges can erode your Singapore Dollar significantly.
Should I exchange Turkish Lira at home or abroad?
Exchange rates and fees differ between Singapore and Turkey, with airport kiosks in either country typically offering the worst rates due to convenience premiums. In Singapore, licensed money changers in Raffles Place and Little India districts often beat banks on rates; in Turkey, established exchange houses (döviz bürosu) in Istanbul or Ankara usually offer better rates than hotels or airports.
Use the rate panel above to check the real mid-market rate before arriving, then compare physical quotes against your bank or online platform rates - sometimes staying home and using a digital transfer service beats waiting until you arrive. Currency availability matters too: some smaller Turkish cities have limited exchange options, so plan ahead if traveling outside major centers.
How far does Singapore Dollar go in Turkey?
Purchasing power depends on the current SGD/TRY exchange rate shown in the rate panel above and which Turkish city you're visiting - Istanbul costs considerably more than Ankara or Antalya for housing and dining. The Singapore Dollar buys more in Turkey than it does at home due to lower Turkish wages and living costs in non-touristy areas, though tourist zones inflate prices significantly.
Practical expenses like meals at local restaurants, public transport, and mid-range hotels require far fewer Singapore Dollars than comparable services would in Singapore, but imported goods and luxury items stay pricey. Check current prices on Turkish local websites to estimate your monthly costs, then use the conversion rate above to calculate your Singapore Dollar budget realistically.
What is the cheapest way to send SGD to TRY?
Wire transfer costs, foreign exchange markups, and speed vary enormously between banks, fintech platforms, and money transfer specialists - there's no universal cheapest option. Traditional banks charge high fees and add wide markups above the mid-market rate shown in the rate panel; remittance platforms like Wise, Remitly, and others often beat banks on costs for larger amounts but charge upfront fees.
For amounts under SGD 1,000, peer-to-peer exchange networks or cash-in-hand options might rival digital services; for larger transfers, compare at least three providers' all-in costs (including speed and arrival currency amounts) rather than focusing on individual fees alone. The Central Bank of Turkey may monitor incoming transfers for compliance purposes, so legitimate channels matter alongside cost.
Why is SGD/TRY so volatile?
The pair's volatility stems from Turkey's structural economic challenges - persistent inflation, lira depreciation pressures, and geopolitical risks create sharp moves that the relatively stable Singapore Dollar amplifies. Central Bank of Turkey policy shifts, especially emergency rate hikes, trigger sudden SGD/TRY swings as traders reassess Turkish asset valuations within hours.
Singapore's deep financial markets and international trade orientation make the Singapore Dollar responsive to global risk sentiment, while Turkish assets remain more niche - this liquidity mismatch means smaller order flows create outsized price moves in SGD/TRY. Emerging market currency pairs inherently swing more than developed-market pairs, and this combination of monetary instability in Turkey with safe-haven flows into Singapore creates the elevated volatility you see in the chart above.
Learn more
- MAS Monetary Policy - Monetary Authority of Singapore policy
- TCMB - Exchange Rates - Central Bank of Turkey daily rates
How this rate is calculated
We prefer a direct rate from our primary data source when one is available. If a direct quote is unavailable, we compute a cross-rate through a major intermediary currency (usually USD or EUR). When a rate is derived rather than directly quoted, we label it on the page. Full methodology.