Forex Rates

/Forex Rates
Forex Rates 2017-02-09T05:40:40+00:00

First Merchant Bank publishes forex rates below. This page is updated before 10 am everyday and is updated immediately if there are any changes on the market.

Thursday, 23rd November 2017

Spot BuySpot SellCurrrencyCodeTT BuyTT SellMid RateCash BuyCash Sell
US DOLLARUSD713.4951734.9000724.1976720.6301743.7000
0.09560.0964Botswana PulaBWP68.542970.256469.399767.580070.9590
64.800064.8100Indian RupeeINR11.141911.420411.2812
0.76200.7621Australian DollarAUD546.3354559.9938553.1646
111.2800111.3000Japanese YenJPY6.59126.75606.6736
8.14728.1504Norwegian KronerNOK88.002790.202889.1027

Charges on Forex transactions

Sell Foreign Cash 3.5% Min K3,000/-
Purchase Foreign Cash
Sell Cash Passport 1% Min K2,700
Card Fee on issue (one off) USD10
Purchase Case Passport 1% Min K1,650

Max K16500

Demand Drafts 1% Min K3,000

Max K12000

K1,350/- K0.03 K2,000

(If required)

Telegraphic Transfers 1% Min K3,000

Max K12,000

K8,000/Flat K1,350/- K2,000

(If required)

EC Approval K12,000/- (RBM)

Important Notes

  1. Certain currencies are difficult to trade and the bank does not undertake to be able to trade all listed currencies
  2. Rates are indicative only and are subject to change anytime during the day. For firm quotes contact Ms. Mwawi Nyasulu (Treasury Manager) on 01 824 994/0888 209 611 or Mc Donald Drennon (Assistant Treasury Manager) on 0999 869839 or Forex Dealers on 01 824 994 FAX 01 821 978

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