1 USD = ZAR 14.401701 1 ZAR = USD 0.069436 Popular US Dollar to Rand Conversions Top losing exchange rate is West African CFA Franc to Naira having a ₦ 0.01 fall from ₦ 0.89 on 12/04/2021 to ₦ 0.89 as of 15/04/2021. This corresponds to 0.56% fall this week. Email. Black Market Forex Exchange Rates Today 10 June 2020. The Zimbabwean Dollar is the currency of Zimbabwe. Below are the black market foreign currency, Ecocash, ZIPIT, RTGS Dollars, and bond notes exchange... Read More. 20/08/2020. Two Harare residents exchange Zimbabwe bond notes in a black market transaction in April 2018. USD to Naira black market review. GBP - NGN (Buy / Sell) 660 / 670. The black market exchange rate occurs when the official rate bears little or no relationship to the currency's actual value. US$100, which was being exchanged for up to $600 on the illegal foreign currency market on Wednesday evening, plunged to as low as $200 by 7pm last night. Zimbabwe’s attempt to ease a dollar shortage and stop its currency from plunging in the black market is showing little sign of working. 1 ZWD = 0.00276 USD. Photo: Tariro Washinyira As Zimbabwe suffers severe money shortages, businesses are closing, food shelves in Harare are emptying and prices of … USD to ZWL$: 18.0383 Home → Analysis and Opinion, Market Intelligence → Black Market And Official Exchange Rates Since End Of October 2019 When we look at this month, USD was traded at ₦495 at the beginning of this April on Thursday, April 1, 2021. A man counts Zimbabwean dollar notes and coins next to a ten US dollar note … Black Market Exchange Rates Today 1 October 2019 Posted by StartupBiz Zimbabwe | Oct 1, 2019 | All Articles , Business News , Exchange Rates | 0 Below are the black market foreign currency, Ecocash, RTGS, and bond notes exchange rates as of 1 October 2019. Official & Black Market Exchange Rates – 18 June 2019. Exchange Rates Updated: Apr 16,2021 00:40 UTC. The currency code for Dollars is ZWD, and the currency symbol is Z$. Here are the latest official and parallel money market exchange rates in Zimbabwe today. 2020 High/low. 0. Top rising exchange rate is Australian Dollar to Naira having a ₦ 20 rise from ₦ 300.00 on 12/04/2021 to ₦ 320.00 as of 15/04/2021. The trend is expected to continue today, with the rates expected to self correct to the pre-monetary policy levels. The Optional Market Implied Rate is a service for investors in Africa looking to arbitrage share price and exchange rate opportunities. Also, optinally, you can enter the gold price spread in percentage to calculate the bid and ask price of gold (The default price spread is set at 5 percentage). Cynthia Goba - 12 June 2019. Mangudya Panics Over Soaring Black Market Forex Rates, Says to Inject U.S.$500 Million Into Interbank Market May 20, 2019 Business GOVERNMENT, through the central bank, will Monday draw down US$500 million to supply the interbank forex market to meet national forex payment requirements in the wake of spiralling rates on the black market. Using the black market exchange rate can be a punishable offense in the country issuing the affected currency. The Zimbabwe dollar continued to firm against the United States dollar on the black market with Marketwatch putting the OMIR at 9.2 down from 11.18, the RTGS dollar at 12 down from 13, the bond note at 9.6 from 10.4. Forex Market ... Black Market Rate Western Union Rate MoneyGram Rate Nairabarter Blog USD - NGN (Buy / Sell) 478 / 482. The parallel market rate has dropped this afternoon following freezing of Sakunda, Croco Motors accounts by The RBZ. ... Interbank & Black Market Rates Updated 27 Aug. 27/08/2020. US dollar/RTGS dollar official and black market rates today (12/06/2019) By. Viber. Enter the amount of gold in grams and kilograms and select the carat. This makes it 0.00% rise for USD against Naira this week. ... Below are the official interbank foreign currency market rates from the Reserve Bank of Zimbabwe, EXCHANGE RATES … ReddIt. USD has been traded at ₦478 when Black Market opened this week on Monday, April 12, 2021. 0. WhatsApp. This makes it 0.00% rise for United States Dollar against Naira this week.. Below, you'll find Zimbabwean Dollar rates and a currency converter. Full history please visit ZWD/USD History We just analyze the apparent parallel market within Zimbabwe. The parallel market rate had jumped an unprecedented number of points over the course of this week and left the economy in freefall with prices increasing twice a day. USD has been traded at ₦478 when Black Market opened this week on Monday, April 12, 2021. Black market exchange rate – also called parallel market – is an exchange rate for any currency that usually differs from the official exchange rate set by the Government of the country in question. Facebook. This week on Black Market. Lowest ₦360.00 on 09/03/2020. Highest ₦480.00 on 18/08/2020. The current reserve bank exchange rates for the ZWL$ today are as follows: USD to ZWL$: 15.0955 ZWL$ to RAND: 0.9926 Data according to Reserve Bank of Zimbabwe (RBZ) Black Market Rates: USD to ZWL$: 18.00 Pinterest. LATEST: Govt suspends Ecocash, mobile money, Stock Exchange in bid to tame black market ... are multiple contrived phantom exchange rates in use in the Zimbabwe Economy which conspires to … USD is being traded at ₦478 in Black Market(Lagos) today, Thursday, April 15, 2021. Our rates are to be used as a benchmark only should never be quoted as official rates. Convert United States Dollar To Zimbabwe dollar . USD to ZWL$: 25.00 ZWL$ to RAND: 0.6719; Black Market Rates Call/Whatsapp:+263 778 798 072. When the use of foreign currency was outlawed, the black market rate was at RTGS$13.5: US$1 while the interbank rate was at RTGS$6,3: US$1. These rates are to be used as a benchmark only should never be quoted as official rates. This corresponds to 6.67% rise this week. ... Below are the official interbank foreign currency market rates from the Reserve Bank of Zimbabwe, EXCHANGE RATES … Black Market Forex Exchange Rates Today 9 June 2020. 713 . Fax +263 (292) - 274039 100 USD = 750.0 RTGS (650.0%) 100 USD = 730.0 Bond (630.0%) 100 USD = 1462 South Af… See: pounds to Naira Black Market Rate today. Last updated on June 19th, 2019 at 09:19 am. ... Harare, Zimbabwe. An exchange rate for a currency that differs from the official exchange rate set by a government. 694 . www.rate.co.zw. Get daily black market exchange rates from dollar to naira, pounds to naira and euro to naira. USD is being traded at ₦478 in Black Market(Lagos) today, Wednesday, April 14, 2021. Bulawayo Regional Office 93 Leopold Takawira Avenue Bulawayo. 3 Websites You Can Check Black Market Exchange Rates. Official ZWL Bank Rate & ZWL Black Market Exchange Rates – 06 December 2019 December 6, 2019 Read More » ... We are a team that analyses the apparent parallel market within Zimbabwe. Source: US$ black market rate spirals – NewsDay Zimbabwe September 18, 2018 Exchange rates on Zimbabwe’s parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases. HARARE (Xinhua) -- Black market rates have surged in recent weeks resulting in concurrent hikes in the prices of basic commodities and a clamour from workers to have wages increased. Our currency rankings show that the most popular Zimbabwean Dollar exchange rate is the ZWD to USD rate. These are the current bank and black market exchange rates for the ZWL$ today as follows: This is the Data according to the Reserve Bank of Zimbabwe on Bank exchange rates. Telephone +263 (292) - 272141-5, 08677002046. This is the gold price calculator in Zimbabwe in Zimbabwe Dollar (ZWD). PREVIOUS LAGOS BLACK MARKET RATES NGN USD Buy / Sell. GBP Buy / Sell. Bank Rates The current bank exchange rates for the RTGS$ today are as follows RTGS$ to USD: 2.50RTGS$ to RAND: 5.63 Black Market Rates: RTGS$ … At the black market, the dollar rate is ₦435.00 against the Naira today, the 4th of September, 2020. ... On top of the exchange rates, Market Watch also covers what’s happening in the business world in Zimbabwe. What is Black Market Exchange Rate? By Tim. E. Ndoro Last updated Jun 19, 2019 1 minute read. Twitter. Here are the foreign currency exchange rates for the US$, ZW$ and Rand on the interbank and black market… Interbank rate. 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