These rates have been updated as of 16/10/2019. 

There has been a slight increase with the exchange rate from last week taking a closer look at the Bond cash rates. The black market is striving to hit the 2000 mark. Bread price has risen today as well.

You can see the latest prices for basic goods by clicking here.

You can also see the latest tenders by clicking here.

 

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Netone Bureau de change rates16/10/19 (yet to be udated)

RBZ Rates

EXCHANGE RATES -16-10-2019               
CURRENCY BID ASK AVG
USD/ZWL$ 14.9126 15.7924 15.3525
GBP/ZWL$ 19.3887 19.3917 19.3902
EUR/ZWL$ 16.9323 16.9384 16.9354
ZWL$/ZAR 0.9636 0.9641 0.9639
BWP/ZWL$ 1.4032 1.4124 1.4078

STREET/PARALLEL MARKET RATES 16/10/19

 

US DOLLARS: REAL TIME GROSS SETTLEMENT (Ecocash) USD: RTGS 19.00-19.20
BRITISH POUND REAL TIME GROSS SETTLEMENT (Ecocash) GBP: RTGS  22.00-22.50
BRITISH POUND: US DOLLARS GBP: USD 1.20
USD DOLLARS: BOND CASH  USD: BOND  12.50-12.70
BOND CASH: REAL TIME GROSS SETTLEMENT (Ecocash) BOND: RTGS  45.00-60.00
US DOLLARS: SOUTH AFRICAN RANDS USD: ZAR 19.00-19.50
*OLD MUTUAL IMPLIED RATE OMIR: RTGS 26.50
RANDS: REAL-TIME GROSS SETTLEMENT(Ecocash) RAND; RTGS 125-130
RANDS: BOND CASH RAND: BOND 84

 

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

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

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 analyze 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.

While every effort is made to ensure accuracy we will in no way be held responsible for any business decisions you make while using us as your reference rate.

*Consult your Bank or the RBZ for the official rate

 

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