YEARLY HIGH
17.9355 EGP
YEARLY LOW
16.0291 EGP
YEARLY AVERAGE
16.8186 EGP

2019 ZWL to EGP Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2019

During 2019, the ZWL to EGP exchange rate experienced significant fluctuation. The market reached its absolute peak on January 13, valuing the pair at 17.9355. Conversely, the yearly low was recorded on December 17, dropping to 16.0291.

This high-to-low spread represents a total annual volatility of 1.9064 EGP. From a start-to-finish perspective, comparing the January average rate of 17.8764 to the December average rate of 16.0846, the exchange rate registered a net change of -10.02% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2019 high of 17.9355 was down 0.18% compared to the 2018 peak of 17.9670, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

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

Yearly Peak High 89,678 EGP
2018 Average 89,038 EGP
Yearly Trough Low 80,146 EGP
Transaction Impact: A difference of 9,532.00 EGP purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2019.

18.0556
15.9054
JanuMarcMayJulySeptNove

ZWL to EGP 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 17.3033, compared to 16.3339 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.9693 points.

H1 Avg (Jan–Jun) 17.3033
H2 Avg (Jul–Dec) 16.3339

Volatility Range Comparison

Volatility

The most volatile month in 2019 was May, with a trading range of 0.4990 EGP (High: 17.2045 / Low: 16.7055). On the other end, November was the most stable month, with a tight range of 0.0510 EGP (High: 16.1504 / Low: 16.0994).

May Spread (Volatile) ±0.4990
November Spread (Stable) ±0.0510

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2019. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.3049 points.

Longest Streak 0 Mo.
Sharpest MoM Drop -0.3049

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2019: 17.8764) against the same month in 2018 (average: 17.7018), the exchange rate shifted by +0.1746 (+0.99%).

2019 Avg (January) 17.8764
2018 Avg (January) 17.7018

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 17.9355 17.6207 17.8764
February 17.6800 17.5065 17.5716
March 17.5210 17.2460 17.3748
April 17.3440 17.1445 17.2522
May 17.2045 16.7055 17.0195
June 16.7825 16.6550 16.7252
July 16.7105 16.5490 16.6073
August 16.6020 16.4765 16.5621
September 16.5590 16.2790 16.3863
October 16.3326 16.1307 16.2367
November 16.1504 16.0994 16.1266
December 16.1598 16.0291 16.0846