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Interbank Rates & Black Market Rate Updated 05/12/19

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Its been quite a week with eco cash playing tricks on subscribers and Netone announcing that it is now operating at a zero transaction charge. The rates have been moving up and down the whole week. Check out the rates below:

Estimate Black market rates:

$100➡2270 RTGS$
$100➡1670 BOND
R100➡148 RTGS$
R100➡108 BOND

UK RATE
£100➡2670 RTGS$

Interbank rates accessed on RBZ 

EXCHANGE RATES -05-12-2019               
CURRENCY BID ASK AVG
USD/ZWL$ 15.8673 16.7965 16.3319
GBP/ZWL$ 21.2184 21.2200 21.2192
EUR/ZWL$ 18.0875 18.0892 18.0884
ZWL$/ZAR 0.8957 0.8961 0.8959
BWP/ZWL$ 1.4992 1.5156 1.5074

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.

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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.

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