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Zimbabwe Dollar Official Rate Now $4 505 Per US$1

1 year agoTue, 25 Jul 2023 15:29:40 GMT

Zimbabwe Dollar Official Rate Now $4 505 Per US$1

The local unit today gained $32.0677 against the United States dollar to average $4 505.4232 at the Reserve Bank of Zimbabwe wholesale foreign currency auction.

This Tuesday, 25 July 2023, 16 bids were received, and all 16 bids were accepted. However, only 6 bids were allotted.

The total value of bids accepted was US$14,471.600.00 and US$7,900,600.00 was allotted.

The amount on offer was US$20 000 000.00.

The highest bid rate was ZWL$4,580.0000 while the lowest bid rate was ZWL$4,480.0000.

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Below are the rates from the last six auctions:

25 July: $4 505.4232
20 July: $4 537.4909
18 July: $4,771.3854
14 July: $4883.8208
11 July: $4 998.8352
06 July: $5 251.0640

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12 Comments

...... · 1 year ago

2017 it was 1:1 Was then an accelerated depreciating cos of vulnerability of fiscical policy just to quick amends against prevailing hash sanctions cultured and sifted by a Chamisa repubulica disgruntled by the fact that he was not in the build up of Ed's government set up Simple

. · 1 year ago

wat was the rate in 2017?

CHAWABVUNZA · 1 year ago

This is good news that Zim Dollar Is gaining over the mighty usd. Personally don't mind whether ZImbabwe government is doing it by hook and crook. Citizens have suffered a lot. This is my story and I am sticking to it. [ THE BUSH LAWYER4CCC ].

Ganja · 1 year ago

Stupid comment

Kondo mudziya · 1 year ago

The official rate has gone down from 7000 to 4500, yet supermarket prices has stayed where they were when rate was 7000. An item that was costing US$4,00 then, now costs more than US$6.00. How is the going down of the rate beneficial to customers. Infact ichecked the price of 500g of boerewors, it was a cool US$8.00. Pafunge.

doug · 1 year ago

Looks like the aim is to have it between 4000 and 4500 in the last week of August.

bounty hunter · 1 year ago

this tym l will vote for a ndebele candidate for presidential post without fear or hesitation

Africa's Finest · 1 year ago

true that

bounty hunter · 1 year ago

kana uchida diplomatic passport uri ordinary Zimbabwean wat do they consider????

· 1 year ago

Kiss ED's backside

Gunvosta · 1 year ago

we are now concentrating on election,zve currency we will see after election because now we are seeing numbers but mariii yacho is not circulating,meaning something is wrong somewhere,so fo now we're are watching a movie like Titanic.zvakarema zve currency exchange rate.Mira tivhote and then we see after that kuti is it true or just Zanu trying to confuse the masses

fugu pfeee · 1 year ago

usanyeba kuti money is not circulating. hauna chete, kuno zim dollar riri tiiiii.