Home LOCAL NEWS Official Bank Rates & Black Market Exchange Rates Today – 16 June...

Official Bank Rates & Black Market Exchange Rates Today – 16 June 2020

MONEY CHANGERS VANISH

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

  • USD to ZWL$: 25.00
  • ZWL$ to RAND: 0.6813

Data according to the Reserve Bank of Zimbabwe

Black Market Rates

In a statement to clarify the latest development, bluemari.info said:

The Financial Intelligence Unit (FIU) has dealt what could be considered a death blow to the black market. Traders have gone to ground as of this morning. To reflect the situation on ground bluemari will not reference any rates until we are able to re-establish the rates from sources.

NB: These rates represent the obtaining exchange rate on the informal market and are for research purposes only. Trading on the informal market is illegal and risky. For current rates please visit your local bank or authorised forex dealer.

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