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UPDATED: Black Market Exchange Rates, Interbank Exchange Rate Breaches $8 Wed, 5 May

The black market exchange rates, according to Marketwatch and other reliable sources, have moved slightly upward on Wednesday compared to the trading value of Tuesday.

The current bank exchange rates for the RTGS$ are as follows:

MarketWatch.co.zw ( June 05, 2019, 9:17 am)

100   USD   =   800.0   RTGS (700.0%)
100   USD   =   780.0   Bond (680.0%)
100   USD   =   983.0   RTGS (883.0%) (Old Mutual Implied Rate)
100   USD    =   1480   South African Rand (ZAR)
100   Bond  =   120.0  RTGS
100   Bond  =   190.0  South African Rand (ZAR)
100  RTGS  =   185.0   South African Rand (ZAR)
100 Offshore USD  =  103 USD

Below are the official interbank foreign currency market rates from the Reserve Bank of Zimbabwe,

EXCHANGE RATES – 05-06-2019               
CURRENCY BID ASK AVG
USD/RTGS$ 5.4571 5.7281 5.5926
GBP/RTGS$ 7.1093 7.1115 7.1104
EUR/RTGS$ 6.2983 6.3006 6.2995
RTGS$/ZAR 2.6150 2.6168 2.6159
BWP/RTGS$ 0.5145 0.5178 0.5162
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