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Black market exchanges rate and interbank exchange rates as at Friday morning

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Parallel market rates continue to be on the high side and the anticipated correction is yet to come. 

Below is a compilation of the rates according to different sources.

Street Surveys

100   USD   =   610.0   RTGS (510.0%)
100   USD   =   460.0   Bond (360.0%)
100   ZAR  =     37.00   RTGS

MarketWatch.co.zw

100   USD   =   585.0   RTGS (485.0%)
100   USD   =   571.0   Bond (471.0%)
100   USD   =   719.0   RTGS (Old Mutual Implied Rate)

Rates.co.zw

100   USD   =   610.0   RTGS (510.0%)
100   USD   =   360.0   Bond (260.0%)
100   USD   =   1431.0  ZAR (1331.0%)
100   Bond  =   115.0   RTGS (15.0%)

Below are the official bank rates for major currencies against the RTGS$ according to the Reserve Bank of Zimbabwe (RBZ) as of yesterday.  Will update article when RBZ updates with today’s figures.

EXCHANGE RATES – 16-05-2019               
CURRENCYBIDASKAVG
USD/RTGS$3.35533.52723.4413
GBP/RTGS$4.41954.42064.4201
EUR/RTGS$3.85723.85763.8574
RTGS$/ZAR4.13774.14014.1389
BWP/RTGS$0.32070.32310.3219




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