2021 ZMW to BIF Historical Review

YEARLY HIGH

2006.0354 BIF

YEARLY LOW

1940.6902 BIF

YEARLY AVERAGE

1974.3387 BIF

2021 ZMW to BIF Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2021

During 2021, the ZMW to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 2006.0354. Conversely, the yearly low was recorded on January 30, dropping to 1940.6902.

This high-to-low spread represents a total annual volatility of 65.3452 BIF. From a start-to-finish perspective, comparing the January average rate of 1946.7216 to the December average rate of 1997.6724, the exchange rate registered a net change of 2.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2021 high of 2006.0354 was up 3.03% compared to the 2020 peak of 1947.0000, 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 10,030,177 BIF

2020 Average 9,572,042 BIF

Yearly Trough Low 9,703,451 BIF

Transaction Impact: A difference of 326,726.06 BIF purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2021.

2002.7675

1941.6266

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 1959.0419, compared to 1989.6356 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 30.5938 points.

H1 Avg (Jan–Jun) 1959.0419

H2 Avg (Jul–Dec) 1989.6356

Volatility Range Comparison

Volatility

The most volatile month in 2021 was April, with a trading range of 26.0073 BIF (High: 1968.5000 / Low: 1942.4927). On the other end, November was the most stable month, with a tight range of 8.3031 BIF (High: 1998.0000 / Low: 1989.6969).

April Spread (Volatile) ±26.0073

November Spread (Stable) ±8.3031

Growth Streaks & Declines

Trends

Between April and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 8 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 1.3907 points.

Longest Streak 8 Mo.

Sharpest MoM Drop -1.3907

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2021: 1997.6724) against the same month in 2020 (average: 1942.5063), the exchange rate shifted by +55.1661 (+2.84%).

2021 Avg (December) 1997.6724

2020 Avg (December) 1942.5063

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1960.0000	1940.6902	1946.7216
February	1961.0000	1941.7652	1950.6829
March	1965.0000	1943.9775	1955.2411
April	1968.5000	1942.4927	1953.8504
May	1977.3547	1953.1849	1969.1530
June	1985.0000	1975.0000	1978.6020
July	1987.0000	1976.3405	1981.8044
August	1989.5615	1981.2336	1983.8517
September	1995.0000	1984.6219	1988.6602
October	2001.0000	1984.7549	1992.4117
November	1998.0000	1989.6969	1993.4134
December	2006.0354	1987.6020	1997.6724