SGD to TRY

The SGD/TRY exchange rate: rate, costs and context

The page you are reading follows the rate for Singapore Dollar (SGD) and Turkish Lira (TRY) and compares it with the prices that banks, money apps and exchanges actually ask. As of October 30, 2026, 1 SGD equals 39.0786 TRY, and one TRY comes to 0.025589 SGD.

The figure at the top is the mid-market rate. It sits exactly halfway between the buying and selling prices on the wholesale market. Treat it as a fair reference point: it contains no profit margin and no fees, so consumers almost never receive it in full.

What you actually receive comes down to two separate costs: the margin a provider adds to that rate and the fee you see on the order screen. Below the converter and chart we explain how those costs work, put them side by side and list practical steps to keep more of your money when converting SGD to TRY.

Why we compare total cost

Every calculation begins with the mid-market rate of 39.0786. For each provider we apply its published fees and the margin it adds to the rate, and work out how much TRY the recipient would end up with. In total 8 providers are included, so you can see the differences at a glance.

The figures refresh every half hour, and the date on the page shows when the data was last updated. The final price is always set by the provider itself, because their rate can move between our updates.

GoldexPay is independent. We may earn a commission through some links, which help pay for the site. That never changes the ranking: the provider that delivers the most TRY comes first, whether or not we have a link to it.

Sample calculation for 1,000.00 SGD

Consider a transfer of 1,000.00 SGD. At the mid-market rate of 39.0786, that sum sets the ceiling for what is possible on the TRY side. In practice nobody hands over that full amount, because margins and fees come off first.

Looking at all 8 providers we track, Revolut came out cheapest for this amount, with 38,883.25 TRY in the end. The difference between that figure and the mid-market amount shows the true cost, fees and margin combined.

Keep in mind that a different amount can produce a different winner. Fixed fees weigh heavily on small sums, whereas the margin in the rate becomes the bigger cost on larger transfers. Enter your own amount in the converter to see the ranking that applies to you.

Recent movement in the SGD/TRY rate

Across the last year, the price of SGD in TRY shows a change of +21.22%. Within those twelve months the highest level was 39.0786 TRY per SGD, and the low point came in at 32.2090. At 39.0786, the rate today is easy to place within that band.

That range between high and low shows how much the rate can move in practice. For a bigger amount, timing has a visible effect on the outcome, sometimes more than the choice of provider.

Exchange rates respond to central bank policy, economic data and shifts in risk appetite. These figures describe the past and say nothing about what comes next. If timing matters to you, it is more practical to set an alert than to guess.

Paying less when you change SGD into TRY

Judge on what arrives, not on what is advertised. A low headline fee proves nothing when the margin is high. What you want to know is the TRY amount after every cost, which combines margin and fee.

When you pay by card abroad, a terminal may offer to charge you in your home currency. That option is known as dynamic currency conversion, or DCC. It tends to be among the most expensive ways to convert. Always opt to pay in the local currency and let your own card provider do the conversion.

Watch the timing as well. At weekends, with the wholesale market shut, some services add an extra buffer to the rate. If you are not in a hurry, an alert tells you when the rate hits a level you are happy with. That avoids guessing, though there is no guarantee the rate will get there.

The payment method matters as well. A credit card may be treated as a cash advance by your card issuer, while a plain bank transfer is normally the low-cost option. Sending less often but in larger amounts also cuts the impact of fixed fees.

Where you pay with SGD and TRY

Singapore Dollar is used in Singapore. Turkish Lira is used in Türkiye. This matters when you plan a trip, pay an invoice or send money to family.

People convert SGD to TRY for many reasons: rent or a mortgage abroad, tuition fees, a salary paid in another currency, savings or a holiday. Each situation asks for something different: a one-off large payment benefits most from a sharp rate, while frequent smaller payments are more sensitive to fixed fees.

Each country has its own payment habits. Account formats differ: IBAN in one place, account and routing numbers in another, and in some places cash pickup or mobile money is common. Have the recipient’s full details ready before you begin.

Staying safe with bigger SGD to TRY transfers

Only use providers that are regulated. A regulated provider is registered with a supervisor such as the FCA or your national central bank. Regulated firms have to safeguard client funds, which protects you if something goes wrong.

Check names and account details twice. An international payment is hard to reverse once it is sent. Watch out for pressure, urgency or a last-minute change of account details. Verify through a channel you trust.

Big sums usually trigger extra verification. You may need to show proof of the source of funds, such as a payslip, sale agreement or bank statement. Some services offer better rates or a personal contact for larger transfers. Ask whether you can fix the rate in advance.

How SGD to TRY transfers travel

A traditional bank sends your payment via the SWIFT system. The money can pass through one or more correspondent banks, and each can take a fee. It typically arrives within a few working days, and the exact cost is not always clear in advance.

Specialised transfer services often work differently. They hold balances in both currencies, which means your payment and the payout both happen domestically. This usually cuts both time and cost, and the amount that arrives is known in advance.

How fast a transfer really is depends on more than the provider: funding method, verification and holidays in the sending and receiving country. The very first payment may be slower because the provider has to verify your identity. Upload your documents early if timing is tight.

Mid-market rate versus the rate you get

Most providers will not give you the mid-market rate itself. They shift the rate in their own favour and pocket the gap. This is known as the markup. With a 2% markup, for instance, for every 100 SGD you convert, about 2 SGD worth disappears before the money arrives.

Besides the hidden margin, a lot of services ask for a separate fee. This is usually a flat charge per payment, a share of what you send or both at once. For transfers sent through the banking network extra deductions can follow, and those only show up at the end.

Be wary of anything sold as commission-free. Free usually means the price is built into the exchange rate. The reliable test is the total amount that arrives in TRY for exactly the same sum, which is how the table above is sorted.