Zambia: USD exchange rate

* indicates monthly or quarterly data series
The currency chart for Zambia shows historical data for the Zambian Kwachas per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more Zambian Kwachas per USD. Depreciation implies that goods from Zambia become cheaper to export and it becomes cheaper for foreigners to visit Zambia.

The series for Zambia are available from September 2004 to September 2026. For that period, the average exchange rate for Zambia was 2650.5768 Zambian Kwachas per USD with a minimum of 14.5984 Zambian Kwachas per USD in January 2020 and a maximum of 5660.2262 Zambian Kwachas per USD in April 2009. The most recent available data point is 19.3633 Zambian Kwachas per USD, a change of 2.53% from the previous data point of 18.8863 Zambian Kwachas per USD and a change of -18.4% from a year ago when the level was 23.7286 Zambian Kwachas per USD.

Currency values in Zambia and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.
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  • Measure: Zambian Kwachas per USD
  • Definition: The amount of local currency units that can be exchanged for one USD. An increase (decrease) means USD appreciation (depreciation). The values are monthly averages of the daily exchange rates provided by Google Finance.
  • Source: Google Finance

Recent values Zambia: USD Exchange rate
2026  Sep 19.3633
2026  Aug 18.8863
2026  Jul 18.339
2026  Jun 17.7726
2026  May 18.7831
2026  Apr 19.0588
2026  Mar 19.2337
2026  Feb 18.8224


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Other resources:

All indicators for Zambia

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Article: Are trade deficits bad for the economy?

Article: Sources of economic growth

Article: Currency values and investment returns

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 Related indicators Latest Reference Measure
 Inflation 13.9 2025 percent
 Exchange rate regimes 7 2023 index points
 USD exchange rate 19.3633 9/2026 Local Currency Units per USD
 Money supply (broad money) 190.11 4/2026 billion
 Consumer Price Index (CPI) 556.6200 6/2026 index points
 Inflation, monthly 0.06 6/2026 percent
 Inflation, annual 6.47 6/2026 percent
 Private sector credit 139.24 3/2026 billion
 Deposit interest rate 7.44 6/2026 percent
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