Home News US dollar/RTGS dollar official and black market rates today (17/05/19)

US dollar/RTGS dollar official and black market rates today (17/05/19)

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Parallel market rates continue to be on the high side and the anticipated correction is yet to come.

Below is a compilation of the rates according to different sources.

Street Surveys

100 USD = 610.0 RTGS (510.0%)
100 USD = 460.0 Bond (360.0%)
100 ZAR = 37.00 RTGS

MarketWatch.co.zw

100 USD = 585.0 RTGS (485.0%)
100 USD = 571.0 Bond (471.0%)
100 USD = 719.0 RTGS (Old Mutual Implied Rate)

Rates.co.zw

100 USD = 610.0 RTGS (510.0%)
100 USD = 360.0 Bond (260.0%)
100 USD = 1431.0 ZAR (1331.0%)
100 Bond = 115.0 RTGS (15.0%)

Below are the official bank rates for major currencies against the RTGS$ according to the Reserve Bank of Zimbabwe (RBZ) as of yesterday. Will update article when RBZ updates with today’s figures.

EXCHANGE RATES – 16-05-2019

CURRENCY                  BID            ASK          AVG
USD/RTGS$                3.3553      3.5272      3.4413
GBP/RTGS$                4.4195      4.4206      4.4201
EUR/RTGS$                3.8572      3.8576      3.8574
RTGS$/ZAR                4.1377      4.1401      4.1389
BWP/RTGS$               0.3207      0.3231      0.3219


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