Official and Black Market Exchange Rates On Tuesday, 12 November 2024
Rates Description | Rate |
---|---|
Moasi oa Tunya Gold Rate | $25.48 ZWG |
Moasi oa Tunya Gold Token Rate | $25.44 ZWG |
1 USD to ZiG Official Rate | $25.48 ZWG |
1 ZiG to ZWL | $2,498.72 ZWG |
1 USD to ZiG when giving cash | $40.00 ZWG |
1 USD to ZiG Highest Informal Sector Rate | $35.00 ZWG |
1 USD to ZiG Lowest Informal Sector Rate | $40.00 ZWG |
Please Note:
- The ZiG, officially Zimbabwe Gold, is now Zimbabwe's official currency, replacing the ZWL on April 5, 2024.
- The currency code for the ZiG is ZWG. The currency symbol is $ (e.g., $10 ZWG = 10 ZiG)
- The last foreign currency auction took place in December 2023 and was officially ended in 2024.
- Businesses and individuals are expected to obtain foreign currency through banks.
- Government departments, the Treasury, and businesses often have arrangements with banks to obtain foreign currency.
- Individuals often face challenges accessing foreign currency from banks due to limited availability, leading to reliance on the black market.
- Banks and financial institutions fully transitioned to the ZiG on April 12, 2024.
- The government is issuing ZiG notes and coins to replace bond notes.
- ZiG notes entered circulation on April 30, 2024.
- The highest denomination ZiG note currently circulating is the $10 ZWG note.
- This website provides information on current prices and exchange rates.
- We do not participate in, support, or condone black market activities, including currency exchange.
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