2016 QAR to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 QAR to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the QAR to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on June 19, valuing the pair at 1443.9658. Conversely, the yearly low was recorded on July 15, dropping to 1433.5555.
This high-to-low spread represents a total annual volatility of 10.4102 ZMK. From a start-to-finish perspective, comparing the January average rate of 1442.3897 to the December average rate of 1442.4143, the exchange rate registered a net change of 0.00% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 1443.9658 was down 0.05% compared to the 2015 peak of 1444.6249, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 QAR based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
QAR 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 1442.5467, compared to 1441.5537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9929 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 9.5058 ZMK (High: 1443.0614 / Low: 1433.5555). On the other end, December was the most stable month, with a tight range of 0.5418 ZMK (High: 1442.6444 / Low: 1442.1027).
Growth Streaks & Declines
TrendsBetween March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 5.3243 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (June 2016: 1442.7891) against the same month in 2015 (average: 1442.4233), the exchange rate shifted by +0.3659 (+0.03%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1443.0007 | 1441.4245 | 1442.3897 |
| February | 1442.9563 | 1441.5768 | 1442.4517 |
| March | 1442.9234 | 1441.5214 | 1442.3608 |
| April | 1443.1581 | 1442.1983 | 1442.5769 |
| May | 1443.3631 | 1442.1987 | 1442.7116 |
| June | 1443.9658 | 1441.1899 | 1442.7891 |
| July | 1443.0614 | 1433.5555 | 1437.4648 |
| August | 1443.0677 | 1433.7409 | 1442.0560 |
| September | 1442.8850 | 1442.2308 | 1442.4836 |
| October | 1442.6860 | 1442.1346 | 1442.3791 |
| November | 1442.8342 | 1441.2564 | 1442.5245 |
| December | 1442.6444 | 1442.1027 | 1442.4143 |