ZIMBABWE
MarketWatch
Last updated May 22, 2020, 12:30 pm
| OMIR | 94.50 |
| USD / ZWL$ zimrates.com | 70 |
| USD / ZWL$ zwl365.com | 65 |
| USD / ZWL$ bluemari.info | 58 |
| USD / ZWL$ rbz.co.zw | 25 |
| USD / BOND zimrates.com | 51.1 |
News
RBZ Is Printing $10 and $20 Bond Notes, Will This Solve The Cash Crisis?
According to a prominent RBZ Monetary Policy Committee (MPC) member and “chief leaker” Eddie Cross the government is in the process of printing $10 and
May 11, 2020
News
Can the Victoria Falls Securities Exchange Work?
Believe it or not, the Zimbabwean government has never been short on good ideas. They come up with them all the time when it suits
May 7, 2020
May 22, 2020
May 21, 2020
May 20, 2020
May 20, 2020
About Us
We are a team of independent analysts whose primary focus is research into the Zimbabwean parallel markets as well as the stock market. We strive to bring you the most accurate rates in the market and our independence means we have no bias on these rates. You need to make your business decisions and we strive to be your best source of information.
Disclaimer
As Market Watch we do not deal in the parallel market nor do we quote on behalf of any other person or company. We are not traders and cannot be accountable for any decisions you make around our data. We are researchers only so please do not assume our information is accurate. Our information comes from various sources including social media as well as market informants on the street. For official USD and RTGS rates please consult your banking partner or the Reserve bank of Zimbabwe. Please note it is illegal to deal on the parallel market and we strongly advise against it. Our platform documents the rumoured parallel market that is mentioned on social media and various other sources.
The Lingo
OMIR
The ‘Old Mutual Implied Rate’ is a comparison between the Old Mutual share price on the London stock exchange / the Johannesburg stock exchange and the Zimbabwe stock exchange. Effectively RTGS is valued at 1:1 with the USD, but this difference in share price gives us the implied countries exchange rate.
RTGS
Real-time gross settlement systems (RTGS) is a funds transfer system where money transfer takes place from one bank to another on a “real time” basis and “gross” basis. Settlement in the “real time” means that the transaction happens almost immediately.