2016 TOP to ZMK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 TOP to ZMK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the TOP to ZMK exchange rate experienced significant fluctuation. The market reached its absolute peak on November 9, valuing the pair at 2410.6099. Conversely, the yearly low was recorded on February 7, dropping to 2246.0541.
This high-to-low spread represents a total annual volatility of 164.5558 ZMK. From a start-to-finish perspective, comparing the January average rate of 2328.7644 to the December average rate of 2306.1172, the exchange rate registered a net change of -0.97% (reflecting a weakening trend).
Looking at year-over-year peak valuations, the 2016 high of 2410.6099 was down 9.48% compared to the 2015 peak of 2662.9778, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 TOP based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
TOP 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 2332.9774, compared to 2331.2023 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 1.7752 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was November, with a trading range of 117.1493 ZMK (High: 2410.6099 / Low: 2293.4606). On the other end, September was the most stable month, with a tight range of 22.4200 ZMK (High: 2349.0029 / Low: 2326.5829).
Growth Streaks & Declines
TrendsBetween July and October, 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 November and December, when the average rate fell by 40.0388 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2016: 2346.1560) against the same month in 2015 (average: 2361.5878), the exchange rate shifted by -15.4318 (-0.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 2351.5298 | 2288.9955 | 2328.7644 |
| February | 2340.5807 | 2246.0541 | 2307.8261 |
| March | 2350.4177 | 2312.8636 | 2331.3027 |
| April | 2377.3960 | 2341.2128 | 2356.7921 |
| May | 2364.5896 | 2304.6780 | 2332.7269 |
| June | 2371.5219 | 2300.6555 | 2340.4525 |
| July | 2337.0372 | 2276.0473 | 2311.1043 |
| August | 2334.9596 | 2305.9027 | 2324.6948 |
| September | 2349.0029 | 2326.5829 | 2335.4203 |
| October | 2382.2347 | 2332.3677 | 2363.7211 |
| November | 2410.6099 | 2293.4606 | 2346.1560 |
| December | 2345.1407 | 2255.5600 | 2306.1172 |