2016 SRD to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SRD to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SRD to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on March 30, valuing the pair at 1321.1318. Conversely, the yearly low was recorded on September 21, dropping to 675.8928.
This high-to-low spread represents a total annual volatility of 645.2390 ZMK. From a start-to-finish perspective, comparing the January average rate of 1315.6000 to the December average rate of 713.2354, the exchange rate registered a net change of -45.79% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 1321.1318 was down 17.64% compared to the 2015 peak of 1604.1526, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SRD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SRD 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 1100.3114, compared to 723.8192 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 376.4922 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 131.7309 ZMK (High: 944.2033 / Low: 812.4724). On the other end, January was the most stable month, with a tight range of 0.2631 ZMK (High: 1315.7358 / Low: 1315.4727).
Growth Streaks & Declines
TrendsBetween January and March, 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 March and April, when the average rate fell by 327.6148 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (March 2016: 1316.3654) against the same month in 2015 (average: 1597.8515), the exchange rate shifted by -281.4861 (-17.62%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1315.7358 | 1315.4727 | 1315.6000 |
| February | 1317.3856 | 1315.4727 | 1315.7885 |
| March | 1321.1318 | 1315.4727 | 1316.3654 |
| April | 1035.1921 | 919.5124 | 988.7506 |
| May | 944.2033 | 812.4724 | 904.1044 |
| June | 817.6810 | 746.3708 | 761.2595 |
| July | 746.4405 | 735.6147 | 741.2688 |
| August | 744.8529 | 713.4907 | 730.7241 |
| September | 731.3714 | 675.8928 | 700.8468 |
| October | 768.0364 | 686.5419 | 728.2411 |
| November | 756.1222 | 718.0783 | 728.5988 |
| December | 719.2338 | 708.0586 | 713.2354 |