Official & Black Market Exchange Rates – 27 May 2019…Slight Dip In Parallel Market, Slight Increase In InterBank

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko

South African bank notes featuring images of former South African President Nelson Mandela (R) are displayed next to the American dollar notes in this photo illustration in Johannesburg August 13 2014. REUTERS/Siphiwe Sibeko

The parallel market rate has gone down slightly while the official interbank rate continues to increase at a very sedate pace.

Zimbollar.co.zw (Last updated May 27, 2019)

100 USD = 730.0 RTGS (630.0%)
100 USD = 525.0 Bond (425.0%)
100 USD = 806.0 RTGS (706.0%) (Old Mutual Implied Rate)
100 USD = 1444 South African Rand
100 Bond = 127.0 RTGS (27.0%)

MarketWatch.co.zw ( May 27, 2019, 9:21 am)

100 USD = 695.0 RTGS (595.0%)
100 USD = 675.0 Bond (575.0%)
100 USD = 817.0 RTGS (717.0%) (Old Mutual Implied Rate)
100 USD = 1440 South African Rand (ZAR)
100 Bond = 120.0 RTGS (20.0%)
100 Bond = 213.0 South African Rand (ZAR)
100 RTGS = 207.0 South African Rand (ZAR)

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

EXCHANGE RATES – 27-05-2019
CURRENCY BID ASK AVG
USD/RTGS$ 4.8280 5.0751 4.9516
GBP/RTGS$ 6.3087 6.3092 6.3090
EUR/RTGS$ 5.5496 5.5511 5.5504
RTGS$/ZAR 2.9079 2.9105 2.9092
BWP/RTGS$ 0.4575 0.4609 0.4592

Source:iHarare

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