ZMW black market rate on Jul 23, 2026: 18.6 per USD
On Thursday, July 23, 2026, the US dollar traded at about 18.6 ZMW on Zambia's parallel (black) market at the close of observations. The day opened at 18.83 ZMW, reached a high of 18.93 and a low of 18.6, a trading range of 0.33 ZMW (1.77%).
Across 288 observations, the average price to buy dollars was 18.82 ZMW and the average price received when selling dollars was 18.9 ZMW. Over the session the Zambian Kwacha strengthened against the dollar (-1.22% from open to close).
Official rate vs black market rate on Jul 23, 2026
The official exchange rate published for Zambia on this date was 18.38 ZMW per USD. The parallel-market close of 18.6 ZMW therefore implied a premium of +1.20% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Jul 23, 2026 compares
Compared with the previous observed day (Jul 22, 2026, close 18.83 ZMW), the rate moved -1.22%.
One week earlier (Jul 16, 2026) the close was 18.38 ZMW, so the weekly change was +1.20%.
Thirty days earlier (Jun 23, 2026) the close was 18.32 ZMW, a +1.56% move over the month.
How this daily figure is produced
ETCurrency samples Zambia's USD/ZMW parallel market throughout the day from peer-to-peer stablecoin order books and, where available, community submissions. Each sample is filtered for outliers and aggregated into a single buy and sell quote; the figures above are the first, highest, lowest and last of those aggregated quotes for Jul 23, 2026 (UTC).
USDT peer-to-peer prices closely track cash dollar prices in most parallel markets but are not identical to them: payment-method fees, merchant margins and local demand for stablecoins can all add a few tenths of a percent.
Frequently asked questions
- What was the dollar to Zambian Kwacha black market rate on Jul 23, 2026?
- The USD to ZMW parallel market rate closed at approximately 18.6 ZMW per US dollar on Thursday, July 23, 2026, after trading between 18.6 and 18.93 ZMW.
- How much did the ZMW move against the dollar that day?
- From an open of 18.83 to a close of 18.6 ZMW, the parallel rate moved -1.22% on Jul 23, 2026.
- What was the gap between the official and black market ZMW rate on that date?
- The official rate was 18.38 ZMW per USD versus a parallel close of 18.6 ZMW, a premium of +1.20%.
- Was the ZMW black market rate higher or lower than the day before?
- Lower: the previous observed close was 18.83 ZMW on Jul 22, 2026, a change of -1.22%.
Figures are aggregated parallel-market observations for Zambia in UTC and are indicative only; they are not a quote to trade. See the full USD → Zambian Kwacha history or today's live rate.