The recent rise in the exchange rate over 200% has seen retailers increasing prices for basic commodities whilst ZESA has also increased the minimum price of tokens purchasable through EcoCash. 

These rates have been updated as of 31/10/2019.

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 -31-10-2019               
CURRENCY BID ASK AVG
USD/ZWL$ 15.2053 16.0882 15.6468
GBP/ZWL$ 20.1373 20.1389 20.1381
EUR/ZWL$ 17.3819 17.3882 17.3851
ZWL$/ZAR 0.9350 0.9354 0.9352
BWP/ZWL$ 1.4410 1.4504 1.4457

 

STREET/PARALLEL MARKET RATES 31/10/19

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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