RBZ

Updated 25/09/2019.  9.15 hrs

Interbank and Street Rates will be updated as the day goes. The rates which had lowered on Friday are picking up again.

NB: These rates are for indicative purposes only and may differ due to changing market conditions and the amount of transaction. For current rates please visit your local bank or authorized forex dealer. 

To get notified when we post new rates please subscribe using the form below.

[newsletter_signup_form id=3]

 

RBZ Official Rates (yet to be updated)

EXCHANGE RATES -24-09-2019               
CURRENCY BID ASK AVG
USD/ZWL$ 14.3031 15.3373 14.8202
GBP/ZWL$ 18.4185 18.4244 18.4215
EUR/ZWL$ 16.2859 16.2873 16.2866
ZWL$/ZAR 1.0043 1.0048 1.0046
BWP/ZWL$ 1.3427 1.3575 1.3501

Bureau de change rates

 

STREET/PARALLEL MARKET RATES 25/08/19

 

US DOLLARS : REAL TIME GROSS SETTLEMENT  USD : RTGS  18:10-19:10

 

BRITISH POUND : REAL TIME GROSS SETTLEMENT  GBP : RTGS  …………….
BRITISH POUND : US DOLLARS GBP : USD ……………..
USD DOLLARS : BOND CASH  USD : BOND  10.50-10.70
BOND CASH : REAL TIME GROSS SETTLEMENT  BOND : RTGS  1.50-1.60
US DOLLARS : SOUTH AFRICAN RANDS USD : ZAR 99.9-100
*OLD MUTUAL IMPLIED RATE : REAL TIME GROSS SETTLEMENT OMIR : RTGS 20.52
RANDS:REAL-TIME GROSS SETTLEMENT RAND;RTGS 100-145

The ranges provided in the street rates are due to the differences from trader to trader. 

 

*OMIR refers to Old Mutual Implied Rate. This is a comparison of Share prices for Old Mutual in Zimbabwe, South Africa and UK where the share is simultaneously listed. The OMIR is used as a way to calculate the implied exchange rates for the 3 countries. The reasoning is that the share price should be uniform across the three since the shares lay claim on the same cash flows, assets and liabilities.

 

DISCLAIMER

ZIMTRENDING, as well as all members of our team, do not participate in the parallel market. We do not trade in foreign currency or advise anyone to do so. We just analyse the apparent parallel market within Zimbabwe. These rates are to be used as a benchmark only should never be quoted as official rates. If you are looking for official rates please consult the RBZ or your registered bank. We have no involvement with the RBZ, banks or any bureau de change’s whatsoever.

*Consult your Bank or the RBZ for the official rate

Leave a Reply