Today’s Exchange Rate: 18/03/2020. US$/ZWL$
The current exchange rates for the US/ ZWL$ today at the black market are as follows:
With US$1 you get ZW$44 on transfers for larger amounts.
On general amounts, with US$1 you get ZW$42.50 on transfers.
When you have US$1 you get ZW$30 cash.
The rate continues to go up and this has led to inflation where prices have gone up. From fuel, transport to groceries. All affordable things are now being bought in US Dollars.
Rumor has it that kombi operators are now demanding to be paid in US Dollars as well.
Is the government’s Zimbabwe dollarisation going to be a success?