Interbank & Parrarel Market Rates
Reserve Bank of Zimbabwe’s (RBZ) failure to release the new currency which was expected to be in circulation with effect from 11 November has brought about public outrage.RBZ has been making excuses prior to the introduction of the new currency as it was said that they couldn’t release the new banknotes yesterday because they had very poor security features.
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Check out the rates below.
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RBZ RatesÂ
| EXCHANGE RATES 12-11-2019Â Â Â Â Â Â Â Â | |||
| CURRENCY | BID | ASK | AVG |
| USD/ZWL$ | 15.4030 | 16.3115 | 15.8573 |
| GBP/ZWL$ | 20.3163 | 20.3179 | 20.3171 |
| EUR/ZWL$ | 17.5223 | 17.5270 | 17.5247 |
| ZWL$/ZAR | 0.9297 | 0.9303 | 0.9300 |
| BWP/ZWL$ | 1.4525 | 1.4620 | 1.4573 |
STREET/PARALLEL MARKET RATES 11/11/19
| US DOLLARS: REAL TIME GROSS SETTLEMENT (Ecocash) | USD: RTGS | 20.00-20.50 |
| BRITISH POUNDÂ |