Black market rate and official exchange rates: 15 May 2019 » ZOOM Zimbabwe News
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Black market rate and official exchange rates: 15 May 2019

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The RTGS dollar continues to shed value against the United States dollar. See the rates below that are obtaining as of Wednesday morning on both the bank platform and the parallel market.

Below are the official bank rates for major currencies against the RTGS$ according to the Reserve Bank of Zimbabwe (RBZ)

CURRENCYBIDASKAVG
USD/RTGS$3.30373.47303.3884
GBP/RTGS$4.37504.37634.3757
EUR/RTGS$3.79803.79963.7988
RTGS$/ZAR4.20004.20264.2013
BWP/RTGS$0.31570.31850.3171

Below are the parallel market rates according to different sources

Rates.co.zw

100   USD   =   510.0   RTGS (410.0%)
100   USD   =   360.0   Bond (260.0%)
100   Bond  =   115.0   RTGS (15.0%)
100   USD   =   1431.0   ZAR (1331.0%)

MarketWatch.co.zw

100   USD   =   520.0   RTGS (420.0%)
100   USD   =   506.0   Bond (406.0%)
100   USD   =   686.0   RTGS (Old Mutual Implied Rate)


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