ZMW black market rate on Oct 4, 2026: 20.05 per USD
On Sunday, October 4, 2026, the US dollar traded at about 20.05 ZMW on Zambia's parallel (black) market at the close of observations. The day opened at 20.08 ZMW, reached a high of 20.22 and a low of 20.02, a trading range of 0.2 ZMW (1.02%).
Across 288 observations, the average price to buy dollars was 20.17 ZMW and the average price received when selling dollars was 20.27 ZMW. Over the session the Zambian Kwacha strengthened against the dollar (-0.17% from open to close).
Official rate vs black market rate on Oct 4, 2026
The official exchange rate published for Zambia on this date was 19.7 ZMW per USD. The parallel-market close of 20.05 ZMW therefore implied a premium of +1.75% over the official rate — a narrow gap, indicating the two markets were close to converged.
How Oct 4, 2026 compares
Compared with the previous observed day (Oct 3, 2026, close 20.08 ZMW), the rate moved -0.17%.
One week earlier (Sep 27, 2026) the close was 20.4 ZMW, so the weekly change was -1.74%.
Thirty days earlier (Sep 4, 2026) the close was 19.45 ZMW, a +3.06% 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 Oct 4, 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 Oct 4, 2026?
- The USD to ZMW parallel market rate closed at approximately 20.05 ZMW per US dollar on Sunday, October 4, 2026, after trading between 20.02 and 20.22 ZMW.
- How much did the ZMW move against the dollar that day?
- From an open of 20.08 to a close of 20.05 ZMW, the parallel rate moved -0.17% on Oct 4, 2026.
- What was the gap between the official and black market ZMW rate on that date?
- The official rate was 19.7 ZMW per USD versus a parallel close of 20.05 ZMW, a premium of +1.75%.
- Was the ZMW black market rate higher or lower than the day before?
- Lower: the previous observed close was 20.08 ZMW on Oct 3, 2026, a change of -0.17%.
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.