Black Market and Inter bank rates Updated 29/10/2019
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.
If you want to be added to our WhatsApp broadcast list please save our number +263 775 378 769 and then text ‘Add’ to that WhatsApp number. If you don’t save the number you will not get our broadcasts when we publish new content.
For the latest Zimtrending News and Updates on WhatsApp, subscribe to our FREE Duta channel.
Add this number to your Whatsapp groups +12054471236
To get notified when we post new rates please subscribe using the form below.
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
Stories you might be interested in
ZUPCO Mobilise 280 kombis to service suburban routes across the country
A must-read Faith, love and hope by Prophet Valerie Muchuwa
Zesa hikes tariff to punish over users
SASAI resort to a new strategy
Government lining up another salary adjustment
Air Zimbabwe Strikes deal with Aiport companies in South Africa
Ropafadzo Foundation trust helps children in mbare to stay in school.
Micro Ad
Pasichigare is a mountainous resort in Domboshava and is about 40kms north of Harare. This natural park is a jewel unlike any other you have experienced. They offer some of the best-guided tours in Zimbabwe and these include: Bush Adventures Educational tours Leadership training and team building For more information contact Tendai on 0718176843 or +1 (208) 809-9259>
N.B You can also simply create a group &add the above number if you don't want to add it to any current groups
To get notified every time we post simply add the following number to your group
<tel:+1(208)809-9259|+1 (208) 809-9259>
N.B You can also simply create a group &add the above number if you don't want to add it to any current groups.
Use Duta to follow zimtrending on WhatsApp:
Add to your group: +61458494638
