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USDZMW

$--
--%
1d
1w
1m

Analysis and statistics

  • Open
    23.109$
  • Previous Close
    22.9523$
  • 52 Week Change
    --
  • Day Range
    0.16$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

USDZMW.FOREX refers to the exchange rate between the United States Dollar (USD) and the Zambian Kwacha (ZMW) in the foreign exchange (FOREX) market. It represents the price of one USD in terms of ZMW, indicating how many Zambian Kwacha are needed to purchase one US dollar. This currency pair is actively traded globally, with its value fluctuating based on various economic and political factors impacting both the US and Zambian economies, such as interest rates, inflation, and political stability. Investors and businesses use this exchange rate for international transactions, hedging currency risk, and speculation.
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Factors

Economic Performance: Strong US growth strengthens USD, while weak Zambian growth weakens ZMW.

Interest Rate Differentials: Higher US rates attract capital, increasing USD demand, relative to ZMW.

Commodity Prices: Zambia is a major copper exporter; higher copper prices boost ZMW.

Political Stability: Political instability in Zambia can weaken ZMW due to investor risk aversion.

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