2016 SZL to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 SZL to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the SZL to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 8, valuing the pair at 394.1138. Conversely, the yearly low was recorded on January 18, dropping to 311.8946.
This high-to-low spread represents a total annual volatility of 82.2191 ZMK. From a start-to-finish perspective, comparing the January average rate of 322.9615 to the December average rate of 378.4698, the exchange rate registered a net change of 17.19% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 394.1138 was down 15.07% compared to the 2015 peak of 464.0403, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 SZL based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
SZL 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 341.4652, compared to 375.0557 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 33.5906 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was May, with a trading range of 37.5909 ZMK (High: 370.2055 / Low: 332.6146). On the other end, December was the most stable month, with a tight range of 17.9404 ZMK (High: 388.6597 / Low: 370.7193).
Growth Streaks & Declines
TrendsBetween January and April, 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 April and May, when the average rate fell by 16.0508 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 375.8333) against the same month in 2015 (average: 371.2062), the exchange rate shifted by +4.6271 (+1.25%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 339.1495 | 311.8946 | 322.9615 |
| February | 344.4533 | 325.0710 | 332.4756 |
| March | 354.7050 | 332.1712 | 341.8757 |
| April | 369.5526 | 344.7235 | 359.5478 |
| May | 370.2055 | 332.6146 | 343.4969 |
| June | 364.0246 | 335.8362 | 348.4335 |
| July | 375.5692 | 355.7953 | 363.5853 |
| August | 393.6230 | 363.8058 | 382.1389 |
| September | 387.8177 | 359.4970 | 373.2637 |
| October | 387.1382 | 367.5868 | 377.0434 |
| November | 394.1138 | 362.3715 | 375.8333 |
| December | 388.6597 | 370.7193 | 378.4698 |