Exchange Rate in Zambia
Inflation increased to 10.2% in April from March’s 9.9%, moving further away from the Central Bank’s 6.0–8.0% target range. The acceleration was driven by a broad-based uptick in price pressures. The Bank sees inflation remaining above target during this year and the next. Accordingly, on 15–16 May, it raised the key policy rate to 9.50% from 9.25%.
Zambia Exchange Rate Chart
This chart displays Exchange Rate (vs USD) for Zambia from 2013 to 2022.
Zambia Exchange Rate Data
2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Exchange Rate (ZMW per USD, eop) | 10.0 | 12.0 | 14.1 | 21.2 | 16.7 |