2021 ZMK to CDF Historical Review

YEARLY HIGH

2015.0000 CDF

YEARLY LOW

1968.0512 CDF

YEARLY AVERAGE

1991.1052 CDF

2021 ZMK to CDF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZMK to CDF exchange rate experienced significant fluctuation. The market reached its absolute peak on October 8, valuing the pair at 2015.0000. Conversely, the yearly low was recorded on March 21, dropping to 1968.0512.

This high-to-low spread represents a total annual volatility of 46.9488 CDF. From a start-to-finish perspective, comparing the January average rate of 1973.5599 to the December average rate of 2000.5268, the exchange rate registered a net change of 1.37% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2015.0000 was up 1.31% compared to the 2020 peak of 1989.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 ZMK based on timing:

Yearly Peak High 10,075,000 CDF

2020 Average 9,253,532 CDF

Yearly Trough Low 9,840,256 CDF

Transaction Impact: A difference of 234,744.20 CDF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2007.6979

1970.4564

JanuMarcMayJulySeptNove

ZMK to CDF Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1986.3637, compared to 1995.8468 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 9.4831 points.

H1 Avg (Jan–Jun) 1986.3637

H2 Avg (Jul–Dec) 1995.8468

Volatility Range Comparison

Volatility

The most volatile month in 2021 was October, with a trading range of 32.6423 CDF (High: 2015.0000 / Low: 1982.3577). On the other end, February was the most stable month, with a tight range of 9.5000 CDF (High: 1987.0000 / Low: 1977.5000).

October Spread (Volatile) ±32.6423

February Spread (Stable) ±9.5000

Growth Streaks & Declines

Trends

Between January and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 4.7158 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -4.7158

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (October 2021: 1998.2955) against the same month in 2020 (average: 1950.0915), the exchange rate shifted by +48.2040 (+2.47%).

2021 Avg (October) 1998.2955

2020 Avg (October) 1950.0915

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1981.2529	1970.0000	1973.5599
February	1987.0000	1977.5000	1980.4938
March	1996.0000	1968.0512	1987.7195
April	2001.0000	1979.7012	1989.5842
May	2002.0000	1986.5858	1995.7702
June	1997.5000	1981.9104	1991.0543
July	2003.5000	1981.6579	1992.1225
August	1997.0000	1984.3514	1988.3683
September	2002.5000	1985.5319	1991.1731
October	2015.0000	1982.3577	1998.2955
November	2010.5000	1998.6892	2004.5944
December	2008.4088	1981.0474	2000.5268