2019 ZMW to DJF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 ZMW to DJF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the ZMW to DJF exchange rate experienced significant fluctuation. The market reached its absolute peak on January 2, valuing the pair at 178.0750. Conversely, the yearly low was recorded on January 22, dropping to 148.0500.
This high-to-low spread represents a total annual volatility of 30.0250 DJF. From a start-to-finish perspective, comparing the January average rate of 177.0516 to the December average rate of 178.0121, the exchange rate registered a net change of 0.54% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 178.0750 was down 0.50% compared to the 2018 peak of 178.9700, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 ZMW based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
ZMW to DJF 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 177.8605, compared to 178.0242 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.1637 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was January, with a trading range of 30.0250 DJF (High: 178.0750 / Low: 148.0500). On the other end, August was the most stable month, with a tight range of 0.0250 DJF (High: 178.0500 / Low: 178.0250).
Growth Streaks & Declines
TrendsBetween March and May, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0129 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (January 2019: 177.0516) against the same month in 2018 (average: 178.7048), the exchange rate shifted by -1.6532 (-0.93%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 178.0750 | 148.0500 | 177.0516 |
| February | 178.0500 | 178.0000 | 178.0188 |
| March | 178.0500 | 178.0000 | 178.0169 |
| April | 178.0500 | 178.0000 | 178.0232 |
| May | 178.0500 | 178.0000 | 178.0274 |
| June | 178.0500 | 178.0000 | 178.0250 |
| July | 178.0500 | 178.0000 | 178.0282 |
| August | 178.0500 | 178.0250 | 178.0315 |
| September | 178.0500 | 178.0000 | 178.0258 |
| October | 178.0500 | 178.0000 | 178.0226 |
| November | 178.0500 | 178.0000 | 178.0250 |
| December | 178.0500 | 178.0000 | 178.0121 |