The USD/ZMW exchange rate fell to 23.0500 on July 21, 2025, down 0.67% from the previous session. Over the past month, the Zambian Kwacha has strengthened 0.97%, and is up by 11.12% over the last 12 months. Zambian Kwacha - values, historical data, forecasts and news - updated on July of 2025.

Prices for ZMWUSD Zambia Kwacha US Dollar including live quotes, historical charts and news. ZMWUSD Zambia Kwacha US Dollar was last updated by Trading Economics this July 21 of 2025.

Zambia ZM: Official Exchange Rate: Average: per USD data was reported at 9.520 ZMW/USD in 2017. This records a decrease from the previous number of 10.313 ZMW/USD for 2016. Zambia ZM: Official Exchange Rate: Average: per USD data is updated yearly, averaging 0.714 ZMW/USD from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 10.313 ZMW/USD in 2016 and a record low of 0.001 ZMW/USD in 1975. Zambia ZM: Official Exchange Rate: Average: per USD data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Zambia – Table ZM.World Bank.WDI: Exchange Rates and Real Effective Exchange Rates. Official exchange rate refers to the exchange rate determined by national authorities or to the rate determined in the legally sanctioned exchange market. It is calculated as an annual average based on monthly averages (local currency units relative to the U.S. dollar).; ; International Monetary Fund, International Financial Statistics.; ;

Key information about Zambia Exchange Rate against USD

• Zambia Exchange Rate against USD averaged 18.584 (USD/ZMW) in May 2023, compared with 18.454 USD/ZMW in the previous month.
• Zambia Exchange Rate against USD data is updated monthly, available from Jan 1957 to May 2023.
• The data reached an all-time high of 22.581 in Jun 2021 and a record low of 0.001 in Aug 1976.

Prior to January 1968, Zambia uses the Zambian pound as its official currency. It was subsequently replaced by the Zambian Kwacha at the rate of 2 kwacha to 1 Zambian pound. Exchange Rate prior to January 2006 is sourced from International Monetary Fund.


Key information about Zambia Exchange Rate against USD

• In the latest reports, Zambia Short Term Interest Rate: Month Avg: Zambia: Treasury Bills Yield: 91 days was reported at 10.100 % pa in Apr 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Zambia: GRZ Bond Yields: 10 Years) was reported at 27.800 % pa in Apr 2023.
• The cash rate (Policy Rate: Month End: Zambia) was set at 9.250 % pa in May 2023.

Key information about Zambia Policy Rate

• Zambia cash rate (Policy Rate: Month End: Zambia) was set at 14.00 % pa in Feb 2025, compared with 14.00 % pa in the previous Jan 2025.
• Zambia Policy Rate averaged 10.25 % pa and is updated monthly, available from Jan 2006 to Feb 2025.
• The data reached an all-time high of 18.10 % pa in Aug 2009 and a record low of 3.90 % pa in Apr 2010.

The Bank of Zambia provides monthly Policy Rate.


Related information about Zambia Policy Rate

• In the latest reports, Zambia Short Term Interest Rate: Month Avg: Zambia: Treasury Bills Yield: 91 days was reported at 10.00 % pa in May 2023.
• Its Long Term Interest Rate (Long Term Interest Rate: Month End: Zambia: GRZ Bond Yields: 10 Years) was reported at 22.50 % pa in Dec 2024.
• Zambia Exchange Rate against USD averaged 18.58 (USD/ZMW) in May 2023.
• Its Real Effective Exchange Rate was 127.48 in Sep 2024.

Inflation Rate in Zambia decreased to 14.10 percent in June from 15.30 percent in May of 2025. This dataset provides the latest reported value for - Zambia Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.