- 12 month view of ZMW against USD shows rate now settling around 12.
- Second highest exchange rate in 5 years
Following the sharpest increase in 5 years in September 2018, the Kwacha’s performance against the Dollar appears to have settled into a new equilibrium.
Having lost approximately 20% in value, the local currency appears to have now settled in a range that hovers around K12 to the greenback since October 2018. This is the second highest level the ZMW has been since its last surge in Q2 2015.
12 month USD – ZMW Overview
5 year USD ZMW Overview