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Zimbabwe Dollar Official Rate As Of 14 March 2023

2 years agoTue, 14 Mar 2023 17:37:47 GMT
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Zimbabwe Dollar Official Rate As Of 14 March 2023

The Zimbabwe dollar this week shed only $4.66 to average $912.5828 against the United States dollar on the Reserve Bank of Zimbabwe (RBZ) foreign currency auction.

This Tuesday, 14 March 2023, the weighted average moved to US$1: ZWL$912.5828, from US$1: ZWL$$907.9236 that was set on 07 March 2023.

The central bank said a total of US$19,819,940.12 was allotted today up from US$18,079,094.38, which was allotted last week.

The bulk of the allotment went to raw materials followed by machinery and equipment.

The total amount allotted for the Small to Medium Enterprises Forex Auction was US$2,530,187.62 up from US$2,144,924.87.

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The total amount allotted on the Main Forex Auction was US$17,289,752.50 up from US$15,934,169.51.

♦ Weighted Average Rate 912.5828 from 907.9236.

How the money was allocated:

Raw Materials……………………………………(SME) US$ 742,403.42  (MA) US$9,572,202.10

Machinery and Equipment……………………..…(SME) US$730,643.76  … (MA)US$2,429,410.70

Consumables (Incl. Spares, Tyres, Electricals, etc)…(SME) US$407,072.60 … (MA)US$1,091,171.52

Services (Loans, Education, Dividends, Disinvestments…) (SME)US$206,857.61  … (MA) US$1,101,088.97

Retail and Distribution (Incl. Food, Beverages, etc)…(SME)US$291,079.27 … (MA)US$1,800,702.01

Electricity ………………………………………………. (MA) US$30,000.00

Pharmaceuticals and Chemicals …………….… (SME)US$99,076.09  … (MA)US$418,023.70

Paper and Packaging …………………………… (SME)US$53,054.87 ….(MA)US$847,153.50

TOTAL Amount allotted for the SMEFX124/2023 ………..US$2,530,187.62

TOTAL Amount allotted for the MAIN FX130/2023 ………US$17,289,752.50

GRAND TOTAL AWARDED ………………………… US$19,819,940.12

Notes

1. Bids with overdue CD1s, outstanding Bills of Entry (BOEs), insufficient ZWL and those with sufficient FCA balances were also disqualified.

2. Some Bids were allotted on a pro-rata basis.

More: Pindula News

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17 Comments

Tfar · 2 years ago
chaora chpepa cheZanu ichi kkkkkkk
RYAN 🥰🥰CHISARE · 2 years ago
Haaaaaaa pakudoda kamunamatooo kekupedzisira apo hameno vanohoraaa mabond
Miss Jessica · 2 years ago
pakuziva kwangu achisati chotenderwa but kune vanomiririra vanhu ivavo ndozvawanzwa yellow for change
coni · 2 years ago
asi iwe uri ngo*chani here wanetswa nei vote Nero
Conisenedi cytizen · 2 years ago
Ndaitawo mubvunzo,asi chi. ngocha no chance kutenderwa muzimbabwe here,nekuti paZFM ndanzwa pachitaurwa nezve LGBTQ community support,nezvimwe zvandishamisa
*chi ngo Cha ni · 2 years ago
*chakutenderwa here
zozo · 2 years ago
bond haisi mari ma toilet paper toshandisa torasa like 20 bond haicha shande
,,, Dott · 2 years ago
Lithium wil strengthen our currency some time soon vot. ED 4 economic development
Zed · 2 years ago
Tazvinzwa zva ED yohhh you don't hv to comment twice
Anonymous · 2 years ago
Ma bond ndeekumarma
... · 2 years ago
Zvema bond muchazvirega izvi
kjuh · 2 years ago
ZWL zvinorewei nhai especially that L
Joy · 2 years ago
Obvious my luv

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