Rates & Prices

Black Market and Inter bank rates Updated 29/10/2019

  • forex
  • Wealthy affiliate online

Econet has hiked call prices, fuel prices have increased, power tariffs have been adjusted and yet the rate is still stagnant since last week. To make the situation worse there is a heatwave cooking up fellow Zimbabwean.

These rates have been updated as of 29/10/2019.

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

Check out the rates below.

You can also see the latest tenders by clicking here.

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RBZ Rates 

EXCHANGE RATES -29-10-2019               
CURRENCY BID ASK AVG
USD/ZWL$ 15.1104 15.9720 15.5412
GBP/ZWL$ 20.0124 20.0171 20.0148
EUR/ZWL$ 17.2896 17.2958 17.2927
ZWL$/ZAR 0.9406 0.9410 0.9408
BWP/ZWL$ 1.4298 1.4391 1.4345

 

STREET/PARALLEL MARKET RATES 29/10/19

US DOLLARS: REAL TIME GROSS SETTLEMENT (Ecocash) USD: RTGS 20.00-20.30
BRITISH POUND REAL TIME GROSS SETTLEMENT (Ecocash) GBP: RTGS 22.60-23.00
BRITISH POUND: US DOLLARS GBP: USD 1.19
USD DOLLARS: BOND CASH USD: BOND 13.00-13.70
BOND CASH: REAL TIME GROSS SETTLEMENT (Ecocash) BOND: RTGS 40.00-50.00
US DOLLARS: SOUTH AFRICAN RANDS USD: ZAR 14.50-14.70
*OLD MUTUAL IMPLIED RATE OMIR: RTGS 26.50
RANDS: REAL-TIME GROSS SETTLEMENT(Ecocash) RAND; RTGS 125-130
RANDS: BOND CASH RAND:BOND 80-87

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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