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Zambian kwacha (ZMW) exchange rate today — official vs market

Zambia · Zambian kwacha (ZMW). Official rate as of Sep 14, 2026 · Market data fetched Sep 15, 2:35 PM GMT. All rates = units of local currency per 1 US dollar.

Official (per $1)19.4221official · BoZ
Market (per $1)19.73parallel · Binance P2P
Premium vs official+1.59%Market vs official (positive = market weaker)
Coveragelive
Central bank policy rate13.25%Monetary Policy Rate · Bank of Zambia · effective 2026-05-12 · source

Premium history

-0.30%0.00%1.2%2.8%Aug 19Sep 1Sep 142026-08-19: +1.71%2026-08-20: +2.47%2026-08-21: +2.26%2026-08-24: +1.67%2026-08-25: +1.63%2026-08-26: +1.39%2026-08-27: +1.62%2026-08-28: +1.63%2026-08-31: +1.66%2026-09-02: +1.47%2026-09-03: +0.96%2026-09-04: +0.67%2026-09-07: +1.09%2026-09-08: +0.96%2026-09-09: +1.08%2026-09-10: +1.55%2026-09-11: +1.73%2026-09-14: +1.79%

18 observed days · Aug 19 – Sep 14 · no interpolation

  • 7-day change+0.70 pp
  • Min / max (observed range)0.67% / 2.5%
  • Volatility (std dev of daily premium)0.45%
  • Continent rank26th widest of 54

Context

The Zambian kwacha currently trades at a premium of +1.59% — the 26th widest gap of the 54 African currencies we track. That places it in the converged band (≤2%), where official and market quotes usually track closely.

Related coverage

← All 54 currenciesCentral bank policy ratesHow we measure