Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ZMW to USD (Zambian Kwacha to US Dollar) exchange rates

Zambia
Zimbabwe
ZMW

Interbank Exchange Rate: 1 ZMW = 0.0511 USD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 ZMW =
49.10 USD
Transfer Limit (ZMW): 1 - 100000
Locked-In Rate1 ZMW = 0.0491 USD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Zambian Kwacha to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Zambia to Zimbabwe. Send money overseas to your loved ones by comparing Zambian Kwacha (ZMW) to US Dollar (USD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Zambia to Zimbabwe.

The best rate to send US Dollar from Zambian Kwacha to your loved ones in Zimbabwe is currently offered by Mukuru; their 1 ZMW to USD exchange rate today is 0.0491.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Zambia.

Were you looking to send money from Zimbabwe to Zambia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest ZMW to USD Conversion Rates

Here are some latest ZMW to USD (Zambian Kwacha to US Dollar) exchange rates for popular conversion amounts*.

1 ZMW0.05 USD
5 ZMW0.26 USD
10 ZMW0.51 USD
25 ZMW1.28 USD
50 ZMW2.56 USD
100 ZMW5.11 USD
150 ZMW7.67 USD
200 ZMW10.22 USD
250 ZMW12.78 USD
300 ZMW15.33 USD
400 ZMW20.44 USD
500 ZMW25.55 USD
600 ZMW30.66 USD
700 ZMW35.77 USD
800 ZMW40.88 USD
1,000 ZMW51.10 USD
1,500 ZMW76.65 USD
2,000 ZMW102.20 USD
2,500 ZMW127.75 USD
3,000 ZMW153.30 USD
4,000 ZMW204.40 USD
5,000 ZMW255.50 USD
10,000 ZMW511.00 USD
15,000 ZMW766.50 USD
20,000 ZMW1,022.00 USD
30,000 ZMW1,533.00 USD
40,000 ZMW2,044.00 USD
50,000 ZMW2,555.00 USD
100,000 ZMW5,110.00 USD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Zambia to Zimbabwe?

Sending money internationally to Zimbabwe from Zambia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Zambian Kwacha to USD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Zimbabwe. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.


How to get the best remit rate for transferring money from Zambia to Zimbabwe?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Zambia to Zimbabwe transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your ZMW to United States Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Zambian Kwacha to United States Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money from Zambia to Zimbabwe?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Zambia to Zimbabwe via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Zambian Kwacha to United States Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Zambia to Zimbabwe exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for ZMW to USD remittances.


How to send money from Zambia to Zimbabwe through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Zambia to Zimbabwe. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the ZMW to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Zambia bank for your Zimbabwe money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Zimbabwe from Zambia fast?

It could be a stressful experience if you need to rush money quickly from Zambia to Zimbabwe. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ZMW to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Zambia to Zimbabwe money transfers.


Which are the best money transfer companies to transfer money from Zambia to Zimbabwe?

Since the Zambian Kwacha to United States Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Zambia that may also be able to send money to Zimbabwe. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your ZMW to USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Zimbabwe gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Zambia to Zimbabwe transaction.


Step by step guide to do a money transfer from Zambia to Zimbabwe

The first step to send money to Zimbabwe from Zambia is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your ZMW to USD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Zimbabwe if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Zambia bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Zimbabwe!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Zambia to Zimbabwe.