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Indian rupee to Zambian Kwacha Exchange Rate History - XTransfer

Indian rupee to Zambian Kwacha Historical Exchange Rates

Welcome to the INR to ZMW exchange rate history page. This page contains detailed daily historical exchange rates between INR and ZMW from 2025-3-8 to 2026-05-17, making it easy to look up and reference.

Amount
Result

1 INR = 0.197201 ZMW

03:30 Exchange Rate

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1 Indian rupee to Zambian Kwacha Historical Exchange Rate Trends

1 INR = -- ZMW

03:30 Exchange Rate

INR - ZMW+0%
7D
1M
3M
Invalid DateInvalid Date

1 Indian rupee to Zambian Kwacha Data Statistics

This section organizes the historical exchange rate data of 1 INR to ZMW, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.197201
0.202052
0.205925
0.216207
Low
0.197201
0.19691
0.19691
0.19691
Average
0.197201
0.199152
0.200467
0.205433

Past 7 days historical exchange rates

Below are the daily average exchange rates of INR to ZMW for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of ZMW to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

INR to ZMW - Last 7 Days

INRINRZMWZMW
2026-05-17
0.197201
INRINRZMWZMW
2026-05-16
0.197201
INRINRZMWZMW
2026-05-15
0.197178
INRINRZMWZMW
2026-05-14
0.19691
INRINRZMWZMW
2026-05-13
0.197432
INRINRZMWZMW
2026-05-12
0.198106
INRINRZMWZMW
2026-05-11
0.202052

ZMW to INR - Last 7 Days

ZMWZMWINRINR
2026-05-17
5.070968
ZMWZMWINRINR
2026-05-16
5.070968
ZMWZMWINRINR
2026-05-15
5.07156
ZMWZMWINRINR
2026-05-14
5.07846
ZMWZMWINRINR
2026-05-13
5.065035
ZMWZMWINRINR
2026-05-12
5.047803
ZMWZMWINRINR
2026-05-11
4.949221

INRINR - Indian Rupee

The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.

  • Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
  • Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
  • Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
  • Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
  • Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
  • Currency symbol:₹
  • Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
  • language:en
  • Main unit:1 Rupee
  • ISO code:INR
  • Currency name:Indian Rupee
  • Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
  • Central Bank:Reserve Bank of India (RBI)
  • Safe-haven currency:No, it is a currency in a highly volatile emerging market.
  • Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
  • Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
  • Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.

ZMWZMW - Zambian Kwacha

The Zambian Kwacha was introduced in 1968, replacing the Rhodesian and Nyasa Rand Pounds. The ZMW is an important part of the Zambian economy, mainly supporting the copper mining industry and agricultural development. In recent years, monetary policy has been committed to controlling inflation and promoting economic stability and growth.

  • Supporting unit:1 Ngwee (1 Kwacha = 100 Ngwee)
  • Denomination of banknotes:2, 5, 10, 20, 50, 100 grams of kwacha
  • Reserve currency:No, it mainly relies on foreign currency reserves such as the US dollar.
  • Banknote material:Paper, featuring multiple anti-counterfeiting technologies.
  • Metal composition:Copper-nickel alloy
  • Currency symbol:ZK
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:1 Kwacha
  • ISO code:ZMW
  • Currency name:Zambian Kwacha
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Bank of Zambia
  • Safe-haven currency:No, it belongs to emerging market currencies.
  • Coin denomination:5, 10, 50 Ngwee, 1 Kwacha
  • Countries of Use:Zambia
  • Cross-border payment:ZMW cross-border payments are primarily conducted through the SWIFT network, with international trade mainly settled in US dollars.

Major Currency Pairs of INR

INRINR
ZMWZMW
INRINR
JPYJPY
INRINR
RWFRWF
INRINR
NADNAD
INRINR
UYUUYU
INRINR
HNLHNL
INRINR
PENPEN
INRINR
UAHUAH
INRINR
CZKCZK
INRINR
CRCCRC
INRINR
THBTHB
INRINR
KGSKGS
INRINR
PABPAB
INRINR
BHDBHD
INRINR
VNDVND

FAQ

Based on the historical patterns of Indian rupee to Zambian Kwacha, is now a good time to exchange?

To judge the timing for exchanging Indian rupee to Zambian Kwacha, one must compare current rates with the average over the past year or even five years. If the current Indian rupee rate is well above the historical average, it usually means INR is in a strong period, making it a good window for settlement into ZMW. Conversely, if Indian rupee is at a historical low, it is recommended for exporters to hold INR in batches and avoid the troughs to minimize losses when converting to ZMW.

What are the main reasons affecting the historical volatility of INR to ZMW recently?

The core factor affecting the historical volatility of Indian rupee to Zambian Kwacha recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of INR tends to increase, leading to a significant rise in its historical exchange rate against ZMW. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for INR, thereby intensifying the frequency of two-way volatility between Indian rupee and Zambian Kwacha.

Has INR experienced a sharp plunge against ZMW before? How can I protect myself?

Historically, Indian rupee against Zambian Kwacha has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Indian rupee exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of INR to ZMW within an acceptable trade cost range.

Is the current exchange rate of Indian rupee to Zambian Kwacha considered a historical high or low?

To evaluate the current level of INR to ZMW, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Indian rupee is approaching a historical resistance level. If the current INR price has broken through highs from years ago, it indicates that INR is at an extreme high; exchanging Indian rupee to Zambian Kwacha now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Indian rupee to Zambian Kwacha?

AI predictions for INR to ZMW are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of INR through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Indian rupee to Zambian Kwacha should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.