Zambia Exchange Rate against USD

1957 - 2025 | Monthly | USD/ZMW | CEIC Data

Key information about Zambia Exchange Rate against USD

  • Zambia Exchange Rate against USD averaged 22.847 (USD/ZMW) in Oct 2025, compared with 23.783 USD/ZMW in the previous month.
  • Zambia Exchange Rate against USD data is updated monthly, available from Jan 1957 to Oct 2025.
  • The data reached an all-time high of 28.691 in Mar 2025 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 USD/ZMW prior to January 2013 is calculated from comparable Exchange Rate USD/ZMK. Since January 2013, the national currency became ZMW (1 ZMW = 1 000 ZMK). 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 11.500 % pa in Oct 2025.
  • Its Long Term Interest Rate (Long Term Interest Rate: Month End: Zambia: GRZ Bond Yields: 10 Years) was reported at 17.750 % pa in Oct 2025.
  • The cash rate (Policy Rate: Month End: Zambia) was set at 14.250 % pa in Nov 2025.

View Zambia's Exchange Rate against USD from Jan 1957 to Oct 2025 in the chart:

Zambia Exchange Rate against USD

What was Zambia's Exchange Rate against USD in Oct 2025?

Zambia Exchange Rate against USD averaged 22.847 (USD/ZMW) in Oct 2025, compared with 23.783 USD/ZMW in the previous month. See the table below for more data.

Last Previous Min Max Unit Frequency Range
22.847 Oct 2025 23.783 Sep 2025 0.001 Aug 1976 28.691 Mar 2025 USD/ZMW monthly Jan 1957 - Oct 2025

Exchange Rate against USD by Country Comparison

country/region Last Frequency Range
Albania (USD/ALL) 82.676 Oct 2025 monthly Jan 1992 - Oct 2025
Algeria (USD/DZD) 129.972 Oct 2025 monthly Jan 1957 - Oct 2025
Argentina (USD/ARS) 1,429.570 Nov 2025 monthly Nov 1977 - Nov 2025
Armenia (USD/AMD) 382.705 Oct 2025 monthly Apr 1992 - Oct 2025
Australia (USD/AUD) 1.527 Oct 2025 monthly Jan 1957 - Oct 2025
Austria (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Azerbaijan (USD/AZN) 1.700 Oct 2025 monthly Dec 1992 - Oct 2025
Bahrain (USD/BHD) 0.376 Nov 2025 monthly Jan 1966 - Nov 2025
Bangladesh (USD/BDT) 122.310 Nov 2025 monthly May 1970 - Nov 2025
Belarus (USD/BYN) 2.960 Nov 2025 monthly Jan 1994 - Nov 2025
Belgium (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Bolivia (USD/BOB) 6.910 Nov 2025 monthly Mar 1959 - Nov 2025
Bosnia and Herzegovina (USD/BAM) 1.681 Oct 2025 monthly Jan 1997 - Oct 2025
Botswana (USD/BWP) 13.327 Nov 2025 monthly Jan 1957 - Nov 2025
Brazil (USD/BRL) 5.383 Oct 2025 monthly Feb 1986 - Oct 2025
Brunei (USD/BND) 1.295 Oct 2025 monthly Jan 1957 - Oct 2025
Bulgaria (USD/BGN) 1.692 Nov 2025 monthly Jan 1957 - Nov 2025
Cambodia (USD/KHR) 4,011.294 Nov 2025 monthly Jan 1957 - Nov 2025
Canada (USD/CAD) 1.399 Oct 2025 monthly Jan 1957 - Oct 2025
Chile (USD/CLP) 935.697 Nov 2025 monthly Jan 1957 - Nov 2025
China (USD/RMB) 7.120 Oct 2025 monthly Jan 1957 - Oct 2025
Colombia (USD/COP) 3,780.340 Nov 2025 monthly Jan 1950 - Nov 2025
Croatia (USD/EUR) 0.859 Oct 2025 monthly Jan 1992 - Oct 2025
Cyprus (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Czech Republic (USD/CZK) 20.957 Nov 2025 monthly Jan 1993 - Nov 2025
Denmark (USD/DKK) 6.415 Oct 2025 monthly Jan 1957 - Oct 2025
Ecuador (USD/USD) 1.000 Nov 2025 monthly May 2006 - Nov 2025
Egypt (USD/EGP) 47.395 Nov 2025 monthly Jan 1957 - Nov 2025
Estonia (USD/EUR) 0.859 Oct 2025 monthly Jun 1992 - Oct 2025
European Union (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Finland (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
France (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Georgia (USD/GEL) 2.708 Nov 2025 monthly Sep 1995 - Nov 2025
Germany (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Ghana (USD/GHS) 11.024 Nov 2025 monthly Jan 1957 - Nov 2025
Greece (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Hong Kong SAR, China (USD/HKD) 7.774 Oct 2025 monthly Jan 1957 - Oct 2025
Hungary (USD/HUF) 332.687 Nov 2025 monthly Jan 1968 - Nov 2025
Iceland (USD/ISK) 127.017 Nov 2025 monthly Jan 1957 - Nov 2025
India (USD/INR) 88.369 Oct 2025 monthly Jan 1957 - Oct 2025
Indonesia (USD/IDR) 16,703.050 Nov 2025 monthly Jan 1967 - Nov 2025
Iran (USD/IRR) 594,867.667 Nov 2025 monthly Jan 1957 - Nov 2025
Ireland (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Israel (USD/ILS) 3.255 Nov 2025 monthly Jan 1957 - Nov 2025
Italy (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Ivory Coast (USD/XOF) 564.000 Oct 2025 monthly Jan 1957 - Oct 2025
Japan (USD/JPY) 151.355 Oct 2025 monthly Jan 1957 - Oct 2025
Jordan (USD/JOD) 0.709 Nov 2025 monthly Jan 1957 - Nov 2025
Kazakhstan (USD/KZT) 522.720 Nov 2025 monthly Nov 1993 - Nov 2025
Kenya (USD/KES) 129.495 Nov 2025 monthly Jan 1957 - Nov 2025
South Korea (USD/KRW) 1,423.080 Oct 2025 monthly Jan 1957 - Oct 2025
Kosovo (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Kuwait (USD/KWD) 0.306 Nov 2025 monthly Jan 1957 - Nov 2025
Kyrgyzstan (USD/KGS) 87.450 Nov 2025 monthly May 1993 - Nov 2025
Laos (USD/LAK) 20,476.200 Nov 2025 monthly Jan 1957 - Nov 2025
Latvia (USD/EUR) 0.859 Oct 2025 monthly Feb 1992 - Oct 2025
Lebanon (USD/LBP) 89,500.000 Oct 2025 monthly Jan 1957 - Oct 2025
Lithuania (USD/EUR) 0.859 Oct 2025 monthly Dec 1992 - Oct 2025
Luxembourg (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Macau SAR, China (USD/MOP) 8.010 Nov 2025 monthly Dec 1967 - Nov 2025
North Macedonia (USD/MKD) 52.956 Oct 2025 monthly Dec 1993 - Oct 2025
Malawi (USD/MWK) 1,750.090 Sep 2025 monthly Jan 1957 - Sep 2025
Malaysia (USD/MYR) 4.214 Oct 2025 monthly Jan 1957 - Oct 2025
Malta (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Mauritius (USD/MUR) 46.445 Nov 2025 monthly Jan 1957 - Nov 2025
Mexico (USD/MXN) 18.425 Oct 2025 monthly Jan 1957 - Oct 2025
Moldova (USD/MDL) 17.048 Nov 2025 monthly May 1994 - Nov 2025
Mongolia (USD/MNT) 3,571.034 Nov 2025 monthly Jul 1990 - Nov 2025
Montenegro (USD/EUR) 0.859 Oct 2025 monthly Jan 1999 - Oct 2025
Morocco (USD/MAD) 9.274 Nov 2025 monthly Jan 1957 - Nov 2025
Mozambique (USD/MZN) 63.905 Nov 2025 monthly Jan 1957 - Nov 2025
Myanmar (USD/MMK) 2,100.000 Nov 2025 monthly Apr 2012 - Nov 2025
Nepal (USD/NPR) 140.643 Sep 2025 monthly Jan 1957 - Sep 2025
Netherlands (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
New Zealand (USD/NZD) 1.735 Oct 2025 monthly Jan 1957 - Oct 2025
Nigeria (USD/NGN) 1,443.350 Nov 2025 monthly Jan 1957 - Nov 2025
Norway (USD/NOK) 10.021 Oct 2025 monthly Sep 1914 - Oct 2025
Oman (USD/OMR) 0.385 Nov 2025 monthly Jan 1957 - Nov 2025
Pakistan (USD/PKR) 281.268 Oct 2025 monthly Jan 1957 - Oct 2025
Panama (USD/PAB) 1.000 Oct 2025 monthly Jan 1940 - Oct 2025
Paraguay (USD/PYG) 7,004.928 Oct 2025 monthly Jan 1957 - Oct 2025
Peru (USD/PEN) 3.414 Oct 2025 monthly Jan 1960 - Oct 2025
Philippines (USD/PHP) 58.914 Nov 2025 monthly Jan 1945 - Nov 2025
Poland (USD/PLN) 3.650 Oct 2025 monthly Jan 1957 - Oct 2025
Portugal (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Qatar (USD/QAR) 3.640 Nov 2025 monthly Jan 1966 - Nov 2025
Romania (USD/RON) 4.370 Oct 2025 monthly Jan 1957 - Oct 2025
Russia (USD/RUB) 92.990 Nov 2025 monthly Jun 1992 - Nov 2025
Saudi Arabia (USD/SAR) 3.750 Nov 2025 monthly Jan 1957 - Nov 2025
Serbia (USD/RSD) 101.430 Nov 2025 monthly Jan 1995 - Nov 2025
Singapore (USD/SGD) 1.295 Oct 2025 monthly Jan 1957 - Oct 2025
Slovakia (USD/EUR) 0.859 Oct 2025 monthly Jan 1993 - Oct 2025
Slovenia (USD/EUR) 0.859 Oct 2025 monthly Nov 1991 - Oct 2025
South Africa (USD/ZAR) 17.272 Oct 2025 monthly Jan 1957 - Oct 2025
Spain (USD/EUR) 0.859 Oct 2025 monthly Jan 1957 - Oct 2025
Sri Lanka (USD/LKR) 303.064 Oct 2025 monthly Jan 1957 - Oct 2025
Sudan (USD/SDG) 446.387 Mar 2022 monthly Jan 1957 - Mar 2022
Sweden (USD/SEK) 9.425 Oct 2025 monthly Jan 1957 - Oct 2025
Switzerland (USD/CHF) 0.797 Oct 2025 monthly Jan 1957 - Oct 2025
Syria (USD/SYP) 11,055.000 Nov 2025 monthly Jan 1990 - Nov 2025

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Zambia Key Series

Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -8.5 2021 yearly 2000 - 2021
Consolidated Fiscal Balance (USD mn) -864.009 Sep 2025 monthly Nov 2015 - Sep 2025
Tax Revenue (USD mn) 4,298.242 Sep 2025 monthly Nov 2015 - Sep 2025
Government Debt: % of GDP (%) 40.9 2023 yearly 2014 - 2023
Forecast: Government Expenditure (ZMK bn) 365.988 2030 yearly 2000 - 2030
Forecast: Government Net Debt (ZMK bn) 791.787 2024 yearly 2000 - 2024
Forecast: Government Revenue (ZMK bn) 349.147 2030 yearly 2000 - 2030
Foreign Trade Last Frequency Range
Forecast: Exports of Goods Growth (%) 4.533 2028 yearly 2000 - 2028
Trade Balance (USD mn) 49.1 Oct 2025 monthly Jan 2003 - Oct 2025
Total Exports (USD mn) 1,346.8 Oct 2025 monthly Jan 2003 - Oct 2025
Total Exports Growth (%) 20.4 Oct 2025 monthly Jan 2004 - Oct 2025
Aluminum: Exports (USD th) 2,102.805 2024 yearly 1995 - 2024
Exports: Medicament (USD th) 990.841 2024 yearly 1995 - 2024
Exports: Medicinal and Pharmaceutical Product (USD th) 2,147.460 2024 yearly 1995 - 2024
Total Imports (USD mn) 1,297.6 Oct 2025 monthly Jan 2003 - Oct 2025
Total Imports Growth (%) 3.4 Oct 2025 monthly Jan 2004 - Oct 2025
Imports: Medicament (USD th) 231,680.704 2024 yearly 1995 - 2024
Imports: Medicinal and Pharmaceutical Product (USD th) 129,125.506 2024 yearly 1995 - 2024
Total Exports to USA (USD mn) 7.236 Jul 2025 monthly Jan 1981 - Jul 2025
Total Imports from USA (USD mn) 7.161 Aug 2025 monthly Jan 1981 - Aug 2025
Total Exports to China (USD mn) 140.724 Oct 2025 monthly Nov 1998 - Oct 2025
Total Imports from China (USD mn) 250.530 Oct 2025 monthly Jul 1992 - Oct 2025
Export Value Index (2015=100) 168.638 2021 yearly 1980 - 2021
Export Volume Index (2015=100) 107.241 2021 yearly 1980 - 2021
Import Volume Index (2015=100) 69.648 2021 yearly 1980 - 2021
Import Value Index (2015=100) 89.425 2021 yearly 1980 - 2021
Balance of Payments Last Frequency Range
Direct Investment Abroad (USD mn) -32.3 Jun 2025 quarterly Mar 1998 - Jun 2025
Current Account Balance (USD mn) 17.0 Mar 2025 quarterly Mar 1998 - Mar 2025
Current Account Balance: % of GDP (%) -2.0 2023 yearly 2010 - 2023
Foreign Direct Investment (USD mn) 221.8 Mar 2025 quarterly Mar 1998 - Mar 2025
Foreign Direct Investment: % of GDP (%) 1.2 2023 yearly 2010 - 2023
Foreign Portfolio Investment (USD mn) -56.778 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Portfolio Investment: % of GDP (%) -1.3 2023 yearly 2010 - 2023
Foreign Portfolio Investment: Equity Securities (USD mn) -7.3 Jun 2025 quarterly Mar 1998 - Jun 2025
Foreign Portfolio Investment: Debt Securities (USD mn) -49.528 Jun 2025 quarterly Mar 1998 - Jun 2025
External Debt (USD mn) 23,890.4 Jun 2025 quarterly Mar 2011 - Jun 2025
External Debt: % of GDP (%) 84.2 2023 yearly 2011 - 2023
Forecast: Current Account Balance (USD bn) 1.593 2030 yearly 1980 - 2030
Net International Investment Position (USD mn) -31,493.988 2024 yearly 2006 - 2024
Monetary Last Frequency Range
Non Performing Loans Ratio (%) 3.5 Jun 2025 monthly Jan 2011 - Jun 2025
Non-Performing Loans (USD mn) 127.254 Jun 2025 monthly Jan 2011 - Jun 2025
Money Supply M1 (USD mn) 3,026.554 Sep 2025 monthly Jan 1997 - Sep 2025
Money Supply M2 (USD mn) 8,185.124 Sep 2025 monthly Jan 1997 - Sep 2025
M2 Growth (%) 15.0 Sep 2025 monthly Jan 1998 - Sep 2025
Reserve Requirement Ratio (%) 26.0 Sep 2025 monthly Jan 2004 - Sep 2025
Foreign Exchange Reserves (USD mn) 5,067.0 Aug 2025 monthly Jan 2010 - Aug 2025
Foreign Exchange Reserves: Months of Import (NA) 4.4 Aug 2025 monthly Jan 2010 - Aug 2025
Total Deposits (USD mn) 8,807.158 Jun 2025 monthly Jan 2001 - Jun 2025
Total Deposits Growth (%) 16.5 Jun 2025 monthly Jan 2002 - Jun 2025
Domestic Credit (USD mn) 6,984.8 Sep 2025 monthly Dec 2001 - Sep 2025
Domestic Credit Growth (%) 16.6 Sep 2025 monthly Dec 2002 - Sep 2025
Total Loans (USD mn) 3,588.534 Jun 2025 monthly Jan 2001 - Jun 2025
Total Loans Growth (%) 19.28 Jun 2025 monthly Jan 2002 - Jun 2025
Private Debt: % of Nominal GDP (%) 12.46 2024 yearly 1965 - 2024

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