This week’s Foreign Currency Auction settled settled for an exchange rate of ZWL$76.75. This is an increase from last week’s exchange rate of ZWL$72.16.
The new exchange rate also tells that the Zimbabwe dollar’s value has depreciated a further 6% which is the biggest fall since the inaugural Auction.
Black market exchange rate
According to Zimpricecheck, the exchange rate is ZWL$105 and ZWL$94 for ZIPIT and EcoCash, and OneMoney respectively. And the exchange rate for Zimbabwe dollar cash is ZWL$80.