2016 ZMK to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2016.
2016 ZMK to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2016
During 2016, the ZMK to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on July 1, valuing the pair at 5.7906. Conversely, the yearly low was recorded on February 3, dropping to 5.7088.
This high-to-low spread represents a total annual volatility of 0.0819 IRR. From a start-to-finish perspective, comparing the January average rate of 5.7117 to the December average rate of 5.7260, the exchange rate registered a net change of 0.25% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2016 high of 5.7906 was up 1.38% compared to the 2015 peak of 5.7121, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ZMK based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2016.
ZMK to IRR 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 5.7508, compared to 5.7315 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0192 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2016 was July, with a trading range of 0.0649 IRR (High: 5.7906 / Low: 5.7257). On the other end, December was the most stable month, with a tight range of 0.0023 IRR (High: 5.7273 / Low: 5.7250).
Growth Streaks & Declines
TrendsBetween January and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 5 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0311 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (July 2016: 5.7582) against the same month in 2015 (average: 5.6128), the exchange rate shifted by +0.1455 (+2.59%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.7134 | 5.7088 | 5.7117 |
| February | 5.7509 | 5.7088 | 5.7446 |
| March | 5.7626 | 5.7497 | 5.7541 |
| April | 5.7590 | 5.7533 | 5.7566 |
| May | 5.7714 | 5.7588 | 5.7638 |
| June | 5.7892 | 5.7324 | 5.7739 |
| July | 5.7906 | 5.7257 | 5.7582 |
| August | 5.7608 | 5.7232 | 5.7271 |
| September | 5.7283 | 5.7238 | 5.7263 |
| October | 5.7273 | 5.7235 | 5.7253 |
| November | 5.7273 | 5.7250 | 5.7262 |
| December | 5.7273 | 5.7250 | 5.7260 |