2016 FKP to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 FKP to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the FKP to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 23, valuing the pair at 7847.1102. Conversely, the yearly low was recorded on October 27, dropping to 6389.0292.
This high-to-low spread represents a total annual volatility of 1458.0810 ZMK. From a start-to-finish perspective, comparing the January average rate of 7566.4111 to the December average rate of 6553.2154, the exchange rate registered a net change of -13.39% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 7847.1102 was down 5.91% compared to the 2015 peak of 8340.1878, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 FKP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
FKP to ZMK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 7528.2379, compared to 6707.0987 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 821.1392 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was June, with a trading range of 902.7432 ZMK (High: 7847.1102 / Low: 6944.3670). On the other end, May was the most stable month, with a tight range of 179.9511 ZMK (High: 7720.3301 / Low: 7540.3789).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 576.4506 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 7460.9998) against the same month in 2015 (average: 8188.2786), the exchange rate shifted by -727.2788 (-8.88%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 7752.1690 | 7438.7410 | 7566.4111 |
| February | 7664.0351 | 7280.0602 | 7516.5589 |
| March | 7604.4680 | 7331.3319 | 7492.2867 |
| April | 7675.1320 | 7382.7259 | 7512.9350 |
| May | 7720.3301 | 7540.3789 | 7620.2360 |
| June | 7847.1102 | 6944.3670 | 7460.9998 |
| July | 6978.1880 | 6774.7955 | 6884.5492 |
| August | 6999.2942 | 6766.3728 | 6872.8755 |
| September | 7048.4677 | 6809.7124 | 6905.3961 |
| October | 6815.8544 | 6389.0292 | 6487.0032 |
| November | 6619.2317 | 6429.0564 | 6539.5526 |
| December | 6687.8966 | 6419.5765 | 6553.2154 |