2020 ZMW to BIF Historical Review

YEARLY HIGH

1947.0000 BIF

YEARLY LOW

1874.2168 BIF

YEARLY AVERAGE

1914.3107 BIF

2020 ZMW to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the ZMW to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 4, valuing the pair at 1947.0000. Conversely, the yearly low was recorded on March 29, dropping to 1874.2168.

This high-to-low spread represents a total annual volatility of 72.7832 BIF. From a start-to-finish perspective, comparing the January average rate of 1884.7194 to the December average rate of 1942.5063, the exchange rate registered a net change of 3.07% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2020 high of 1947.0000 was up 3.29% compared to the 2019 peak of 1885.0000, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 9,735,000 BIF

2019 Average 9,209,122 BIF

Yearly Trough Low 9,371,084 BIF

Transaction Impact: A difference of 363,916.20 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

1948.2850

1878.9407

JanuMarcMayJulySeptNove

ZMW to BIF 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 1895.1824, compared to 1933.4390 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 38.2567 points.

H1 Avg (Jan–Jun) 1895.1824

H2 Avg (Jul–Dec) 1933.4390

Volatility Range Comparison

Volatility

The most volatile month in 2020 was April, with a trading range of 28.8358 BIF (High: 1908.0000 / Low: 1879.1642). On the other end, December was the most stable month, with a tight range of 6.5853 BIF (High: 1947.0000 / Low: 1940.4147).

April Spread (Volatile) ±28.8358

December Spread (Stable) ±6.5853

Growth Streaks & Declines

Trends

Between January and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 11 straight months. No significant month-over-month rate declines were detected.

Longest Streak 11 Mo.

Sharpest MoM Drop -0.0000

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2020: 1942.5063) against the same month in 2019 (average: 1877.3199), the exchange rate shifted by +65.1864 (+3.47%).

2020 Avg (December) 1942.5063

2019 Avg (December) 1877.3199

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1891.0000	1878.8570	1884.7194
February	1891.0000	1882.7873	1888.0436
March	1901.3810	1874.2168	1891.4911
April	1908.0000	1879.1642	1896.1202
May	1911.0000	1889.6356	1903.3910
June	1920.3353	1899.9021	1907.3290
July	1929.1939	1910.0000	1924.1779
August	1933.7646	1923.0727	1928.5523
September	1936.0000	1928.0000	1931.4536
October	1940.0000	1930.8591	1934.8459
November	1943.0000	1934.6802	1939.0982
December	1947.0000	1940.4147	1942.5063