zimbabwe currency notes

128,734.67 (8th) 100,000 (6 January); 106,050 (19 January); 115,000 (20 January); 125,000 to 150,000 (25 January); 175,000 to 190,000 (24 February); 205,000 to 220,000 (3 March); 220,000 to 230,000 (13 April); 300,000 to 310,000 (25 May); 315,000 (9 June); 340,000 to 350,000 (16 June); 400,000 (21 June); 450,000 (1 July); 520,000 (9 July); Economists predict an unofficial rate of nearly ZWD 250,000 to the US dollar by mid-2006. 16,744,890 (16th) 250,000,000 (13th[144]); 83,613.46 (2nd) 18.84 (19th) [53] The move led to a sharp drop in the usage of the Zimbabwean dollar, as hyperinflation rendered even the highest denominations worthless. 333,500,825 (20th) 498,000,000 (22nd); 38.35 (4th) After the Zimbabwean dollar was suspended indefinitely from 12 April 2009, euro, United States dollar, "U.S. won't punish Giesecke+Devrient over Zimbabwe aid,", Learn how and when to remove this template message, "Current currency & funds code list (Table A.1)", "New Hyperinflation Index (HHIZ) Puts Zimbabwe Inflation at 89.7 sextillion percent", "On the Measurement of Zimbabwe's Hyperinflation", "Zimbabwe ditches its all but worthless currency", "Demonetisation: DPC settles closed banks Zim dollar accounts", "Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts", "RBZ seeks international recognition for Zimdollar", "As Inflation Soars, Zimbabwe Economy Plunges", "S&P's Sub-$10 Club, Lexmark's Buy, Zimbabwe's Dollar: Timshel", "Devaluation is 'too little, too late' to save Zimbabwe", "Zimbabwe devalues currency; 10B becomes 1 dollar", "Mugabe says might declare state of emergency over prices", "Final humiliation for Zimbabwe dollar as foreign currency legalised", "Zimbabwe shops stop accepting local currency", "Zimbabweans Turn to U.S. Dollar as Hyperinflation Erodes Value of Local Currency", "Zimbabwe removes 12 zeros from currency", "Zimbabwe removes 13 zeroes from currency", "Banks redeem treasury bills woo depositors", "Revised budget dashes infrastructure repair hopes", "Zimbabwe dollar shelved 'for at least a year, "Inflation hits a record high in Zimbabwe", "Harare suspends release of inflation data", "Inflation hits one million percent as prices continue to skyrocket", "Zimbabwe annual inflation over 100,000 per cent", "Zimbabwe: Gono ordered to print Z$1 Trillion for Civil servants and Army", "Mugabe says will print more money if there isn't enough", "RBZ provides $3 trillion for vote buying", "Giesecke & Devrient halts deliveries to the Reserve Bank of Zimbabwe", "Giesecke+Devrient Halts Deliveries to the Reserve Bank of Zimbabwe,", "Press Statement: Demonetisation of the Zimbabwe Dollar", "That'll be 175 quadrillion Zimbabwean dollars, please", "175 Quadrillion Zimbabwean Dollars Are Now Worth $5", "Banks pay out $7m in Zim dollar compensation", "Daily Interbank Exchange Rates Z$ per US$", "Wave of price hikes dampen hopes for recovery", "Zimdollar takes heavy knock on black market", "Foreign currency parallel market rates shoot up", "Devaluation Talk Pushes Zimbabwe Dollar Down To Z$4,200 To USD", "Analysis: Mugabe pressure rises as Zimbabwe economic woes spread", "Zimbabwe central bank to devalue dollar", "Little cheer from new Z$50 000 banknote in Zim", "Mugabe under threat from within his collapsing state", "Inflation forces citizens into mafia economy", "Inflation to hit 5,000 percent mark this year: IMF", "Opposition in Zimbabwe Mounts, Says U.S. In the face of continued problems posed by the refusal of merchants to transact business with decrepit notes, New Zimbabwe says that the bank’s governor has gotten involved, telling retailers and other traders that it is fine for them to accept old and worn out U.S. currency as legal tender. 10,000 (8th[83]); Official exchange rate was changed to 30,000 on 7 September 2007. Free shipping on many items ... 100 TRILLION ZIM BOND DOLLAR 2008 ZIMBABWE CURRENCY 2008 AA UNC - FAST SHIP COA. Our advanced multi-point verification system is state of the art and our customer service, unparalleled. 3,429,836,806 (29th) See also:["Zimbabwe's re-valued currency after one month"] includes a daily list of the ZWD parallel exchange rates in August 2008. This includes the 10 trillion dollar note, the 50 trillion dollar note, And the 100 trillion dollar note. 4,500,000 (19th[128]); 1,151,656.00 (18th) 456,921,446,064 (OMIR for 30th); 45.53 (4th) Then in 2016, Zimbabwe introduced bond notes as a surrogate currency which initially had equal value to the US dollar but today it trades at 1:15 with the greenback. On 2 February 2009, a third redenomination took place, in which the RBZ removed 12 zeros from the currency, with 1,000,000,000,000 (third, ZWR) Zimbabwe dollars being exchanged for 1 new (fourth, ZWL) dollar. 182,325,758,081,729 (7th am) Zimbabwe 100 Trillion Dollars ( AA/2008, P-91, UNC, 1 piece ... (100 NOTES) $15,995.00. 17,883,023,378.58 (9th); There would also be South African rand coins of 10 cents, 20 cents, 50 cents, 1 rand, 2 rands, and 5 rands. 14.52 (14th) 11,815 (5th) 4,000 (20th[74]); It was reported that on 1 July 2008 company's Management Board decided to cease delivering banknote paper to the Reserve Bank of Zimbabwe with immediate effect. 2,443,676,912,678 (30th am) 34,749,797,812.59 (22nd); 92.97 (18th) 54,036,639,077.74 (28th); Instead, in August 2006, the first dollar was redenominated to the second dollar at the rate of 1000 first dollars to 1 second dollar (1000:1). Like the original 1980 coins, these special coins would be denominated in 1, 5, 10, 20, and 50 cents, but would have values at par with US cents. 16,204,996,229.26 (7th); 3,178,696,865 (22nd) 4,000,000 (3rd[124]), 1,900,000 (3rd[125]); 118,066,516,958,323 (4th am) 850 (14 September);[65] 7,667,426 (13th) 7,512,863,828 (16th); 510,000,000,000 (31st): [150], 142,024,433,315 (OMIR for 1st); 138.46 (14th) 509,148,077,013 (29th am) In 1980, coins were introduced in denominations of 1, 5, 10, 20, 50 cents, and 1 dollar. 750,000,000,000 (23rd); [146] The consequence is that Zimbabwe is the only country where currency of other countries is more acceptable than their own currency. Since October 2008 our national currency has become moribund". 20,000 (21st[87]); [5][55] The Zimbabwean government stated that it would credit 5 US dollars to domestic bank accounts with balances of up to 175 quadrillion Zimbabwean dollars, and that it would exchange Zimbabwean dollars for US dollars at a rate of US$1 to 35 quadrillion Zimbabwean dollars to accounts with balances above 175 quadrillion Zimbabwean dollars. During the same month, the Reserve Bank of Zimbabwe declared inflation illegal, outlawing any raise in prices on certain commodities between 1 March and 30 June 2007. 183.19 (9th) Diplomat", "Mugabe fighting for political life in behind-the-scenes ruling party power struggle", "Zimbabwe Dollar in New Downward Spike Against Major Currencies", "Mugabe faces the music in Tanzania as police launch mass arrest of opponents", "Black Market Economy Thrives in Zimbabwe", "Zimbabwe Devalues Currency by 98% to Boost Exports", "Golden leaf fails to boost forex earnings", "How life goes on for the super rich of Zimbabwe", "As services collapse, corruption flourishes", "Zimbabwe targets 25 pct mth/mth inflation by year-end", "Children left at home pay the price of migration", "Will the economic collapse be the end of Mugabe? 10.93 (7th) 13,856,763 (14th) 1,000 (25th)[158], 3,362 (1st) 34,910,587,875 (OMIR for 23rd); 1,500,000 (30th[122]), 1,800,000 (1st[123]); There are some bureaux de change which will accept and change foreign currency, particularly US dollars. In the final months before Zimbabwe's central bank reforms of 30 April 2008, virtually all popular currency conversion resources relied upon the official rate of 30,000 ZWD to US$1 for published figures, in spite of the vast differences between that and free market rates. In January 2004, semiweekly (RBZ-controlled) currency auctions were set up to determine the official rate. 100,330.21 (4th) 290.92 (21st) 297.21 (21st) There are 12 zeros in a trillion. On 29 January 2014, the Zimbabwe central bank announced that the US dollar, South African rand, Botswana pula, pound sterling, Euro, Australian dollar, Chinese yuan (renminbi), Indian rupee, and Japanese yen would all be accepted as legal currency within the country. 430 ‡ (21st) 167.68 (7th) 58,886,562,526.04 (29th); 11,851,630,480,952 (31st pm). [12] The revaluation campaign, which Gideon Gono named "Operation Sunrise", was completed on 21 August 2006. Disclaimer: All Zimbabwe currency notes are demonetized and sold solely as collectibles. 121,013,052 (17th) 225,497,447,368,896 (5th pm) [citation needed], —Martin Rupiya, professor of war and security studies, University of Zimbabwe. 4,000 (cash) (3rd)[160] Officials arrested executives of some Zimbabwean companies for increasing prices on their products,[14][15] and economists reported that "chaos had started to reign and people in the public sector has becoming frantic". 246,433,371.43 (15 May); 420 ‡ (19th) 21.55 (21st) 17.49 (18th) The cash rate differs significantly to the above rates. 20.08 (20th) 851.74 (4th) 76.22 (23rd); 81.58 (24th) A similar practice was used in other Commonwealth countries such as South Africa, Australia, and New Zealand. 1,780.04 (29th). 85,000,000 (24th[139]); 326.26 (8th); 329.65 (11th) 198.93 (13th) 185.33 (20th) For over 10 years we've been working exclusively with our licensed partners in Harara, Zimbabwe to provide you with the certified authentic bankotes of all denominations. 5,000 (12th[78]); 439,481,070,796,885,000 (19th) [146], 647,863,191.18 (2nd); 27,157,406,063,618,700 (11th pm) 1,024.63 (6th) The Zimbabwe Dollar (ZWD) was established to replace Rhodesian Dollar and to signify the nation’s independence from the UK in 1980. 557,362 (29th) 98,339,944,470 (24th) 168.84 (18th) 20,129,927 (15th) In November 2005, the regular currency auctions were discontinued and the RBZ announced that "market factors" would control the exchange rate. The regime is surviving by printing money: at this stage there is no other way. 9,005,149,886.88 (24th); 555,000,000,000 (25th): [150] 109,689,985,935 (OMIR for 3rd); 62,136,238,923,283,400 (14th am) ", "Zimbabwe currency crashes; inflation as high as 9,000%", "Zimbabwe dollars rejected as currency crashes", "Zimbabwe in disarray over inflation fight", "Water shortages spur sharp rise in diarrhea, dysentery in Zimbabwe", "Zimbabwe devalues currency to 30,000/dlr", "Zimbabwe Food, Transport Prices Soar While Local Currency Tumbles", "Zim opposition wants police prosecuted for torture", "1 U.S. dollar buys 1 million Zimbabwe dollars on black market", "Asylum-seekers face deportation from UK", "Zimbabwe Dollar Crashes on Central Bank Plan To Issue New Notes", "Cash-Poor Zimbabweans Turn To Parallel Market To Procure Bank Notes", "Zimbabwe Cash Crisis Eases But Local Currency Value Heads South", "Old Mutual Implied Rates (OMIR) as at 25 January 2008", "Dollar tumbles again, as one US unit trades at Z$20 million", "Zimbabwe currency tumbles to record 25 million Zimbabwe dollars for one American dollar", "No let up in Zim crackdown on reporters", "Zimbabwe commercial bank eases foreign exchange rules", "Zimbabwe's currency gets more threadbare", "The Reserve Bank of Zimbabwe caves in to black market pressure", "Send money to friends and family in Zimbabwe", "World Currencies: Europe/Africa/Middle East", "FXConverter – Currency Converter for 164 Currencies", "Zimbabwe redenominates currency to ease crisis", "Zimbabwe: RBZ Suspends RTGS Payment System", "Reserve bank reinstates electronic transfers", "Is this the end of Zimbabwe's $1000 loaf of bread? 9,326,444 (9th) [23][24] Despite redenomination, the RBZ was forced to print banknotes of ever higher values to keep up with surging inflation, with ten zeros reappearing by the end of 2008. 100,000,000 (26th[140]), 30,000 (to 4 May); 650,000 (cash) ‡ (14th) 2,800 †; 3,650 ‡ (2nd) 210,389,632.00 (9 May); 249.40 (9th); 255.19 (14th) 255,771,415.67 (16 May); 24,000 (22nd[88]); 12,617,983,349,233,500 (20th), As of 26 November newspaper reports stated the RTGS was still not operational, and part of the reason was that the Zimbabwean Government had not paid the company responsible for fitting the system. 1,220,071,643 (21st) There has been much confusion and grey area into what is a "novelty" in terms of Zimbabwe currency. 145,624,500,000 (11th);[146] 17,743,015,150 (19th); 1,715,118 (6th) It was estimated that some ten trillion old Zimbabwe dollars (22% of the money supply) were not redeemed during this period. 154,661.25 (10th) [27] The banknotes of the fourth dollar circulated alongside the third dollar, which remained legal tender until 30 June 2009. 6,718,055,555.56 (19th); 4,276,736,111.11 (16th); 6,412,613,315 (13th); By July 2008 the exchange rate with US$ had reached (parallel rate) 500 billion to 1 US$, leading to a second redenomination. 39,129,724,504.88 (23rd); 380,000,000,000 (18th); [146] Our currency rankings show that the most popular Zimbabwe Dollar exchange rate is the ZWD to USD rate . [citation needed]. 8,399.31 (12th) 26,000 (29th[90]), 30,000 (1st[91]); 274,200,889,709 (15th);[146] 758,530,000,000 (30th); [146] 271,593 † (26th) 77.69 (15th) 10,594,701,303.45 (26th); 134.92 (12th); 138.58 (13th) Currently, the manufacturing sector takes a smaller share of GDP and has a very small percentage of the workforce. 101.57 (22nd) 74 ‡ (8th) 1,407,917,306 (28th) [11], In October 2005, the current Governor of the Reserve Bank of Zimbabwe at the time, Dr. Gideon Gono, announced that Zimbabwe would have a new currency the following year, and new banknotes and coins would be produced. 6,386,667 (5th) 67.52 (11th) 105.43 (23rd) 841,881 (2nd) 85,158 (3 January); 99,201.58 (24 January); 101,195.54 (28 April). The Zimbabwean Dollar is the currency of Zimbabwe. 300,000 (22nd[107]); 135,368 ‡ (24th) 266.40 (20th) 32,603,770,511 (26th); Although the dollar was abandoned on 12 April 2009, exchange rates were maintained at intervals for some months. 10,148,113 (12th) 114.61 (25th) 5,000,000,000,000 ‡(21st) The answer is the Old Mutual Implied Rate for the Pound. 280,000 (14th[113]); 2,000 (19 November);[69] 642,371,437,695,221,000 (17th pm) 45,000 (24th[101]); 259.10 (15th); 263.94 (16th) 400,000 (cash) (12th)[168] 275,335,294.12 (19 May); 37,997 (19th) 35.34 (9th); 38.80 (10th) 415,888,889 (27th) 49,237.71 (25th) 189,961,549,747 (OMIR for 11th); Our currency rankings show that the most popular Zimbabwe Dollar exchange rate is the ZWD to USD rate. [20] Coins valued at Z$5, Z$10 and Z$25 and banknotes worth Z$5, Z$10, Z$20, Z$100, and Z$500 were issued in ZWR. 1,123,000,000 (3rd); 24 January – RBZ caps daily variance of official exchange rate based on volume traded. [56][57] This move was meant to stabilise the economy and establish a credible nominal anchor under low inflation conditions. According to … [151], 76,620.00 (1st) 303,753,731.48 (20 May); Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. 460 †; No funds can be transferred between banks, effectively aborting the parallel rates. 4,200 (23rd[75]); 294.18 (24th); 306.68 (29th) 176.33 (8th) The RBZ's statement did not specify when or where these coins would be imported from, but a later report on 26 November 2014 clarified that over $40 million worth of these coins were expected to be delivered within the next week from Pretoria. 226,954.13 (11th) 40,000 (22nd[100]); 1,105,887,222.22 (6th); 244.81 (7th); 245.21 (8th) Get the best deals on Zimbabwe Banknotes when you shop the largest online selection at eBay.com. 62,761.43 (27th) 23.29 (22nd) 168,815,333.33 (5 May); 580,678,132.35 (30 May) 44,796,944 (26th) It was redenominated 3 times until its eventual collapse in 2009 due to hyperinflation caused by the unregulated printing of money, the Land reform program, and government involvement in the Second Congo War under Mugabe. [185], 22.00 (3rd); 24.51 (4th) 28.54 (5th); 32.19 (6th) 200,000,000 (6th[143]); The third dollar rates above are OMIR. 25,593.66 (18th) 2,305,440 (7th) 34,000 † (15th) It is estimated that the OMIR on 25 November would have been 649,374,262,960,211. 16,000 (19th[86]); Electronic bank transfers (RTGS) were suspended by the Reserve Bank on the 3rd. 193,012,615,772,476 (6th am) 2,159,000,000 (6th); More detailed data can be found in the table below: 700 to 800 (8 September – high volume transactions);[64] 1,365,130,333.33 (9th); 7,000 (27th[80]), 7,500 (1st[81]) 25.34 (25th) 39.59 (2nd) With immediate effect, bond notes and all electronic money, would be merged into a new currency to … A "special rate" of 15,000 ZWD per USD was brought in on 26 April 2007. 100 Trillion Zimbabwe Dollar Banknote AA 2008, 50 Trillion Zimbabwe Dollars Banknote AA 2008, 10 Trillion Zimbabwe Dollar Banknote AA 2008, 20 Trillion Zimbabwe Dollars Banknote AA 2008, 50 Billion Zimbabwe Dollars Banknote AA 2008, 500 Million Zimbabwe Dollars Banknote AA 2008. At the same time, the currency was devalued against the US dollar, from 101000 first dollars (101 once revalued) to 250 second dollars, a decrease of about 60% (see exchange rate history table below). 30,000,000,000,000 (27th)[180] 70,547,871,952 (27th pm) 4,500 † (4th) 95.42 (27th), 99.67 (2nd); 103.29 (3rd) 550 (1 August); 650 (3 August); 650 to 700 (24 August), 1 August: RBZ revalues the Zim dollar. 13,469.56 (14th) 5,700 ‡; 7,500[157] (5th) 140,251 †; In its 2014 mid-term monetary policy statement, the Reserve Bank of Zimbabwe (RBZ) said it would import special coins, known as Zimbabwean bond coins, to ease a shortage of change in the economy. 62,024,868,786 (OMIR for 25th); 50,000 (29th[102]), 55,000 (3rd[103]); 80,754 ‡ (23rd) Crisp new notes are not coming into Zimbabwe, so enterprising traders are repairing old ones for desperate customers. [13], The following year, on 2 February 2007, the RBZ revealed that a new (third) dollar would be released. 13,583 (8th) 39.41 (6th) 19,148,534,621,367,600 (13th am) 230.68 (3rd); 238.94 (6th) [20] After 1 August 2008, 10 billion ZWN were worth 1 ZWR. 669,809,343,407 (OMIR for 31st); It was redenominated three times (in 2006, 2008 and 2009), with denominations up to a $100 trillion banknote issued. [25][26] New banknotes were introduced with face values of Z$1, Z$5, Z$10, Z$20, Z$50, Z$100 and Z$500. 28,400,000,000,000,000 ‡ (12th) 205,000 (20th[106]); The first Zimbabwean dollar was introduced in 1980 and replaced the Rhodesian dollar at par. The Reserve Bank of Zimbabwe announced plans for new Z$5,000 and Z$10,000 coins in June 2005,[59] although these were never actually struck. [54], In June 2015, the Reserve Bank of Zimbabwe began to formally demonetise the Zimbabwean dollar, to officially value the fiat currency at zero, in order to complete a switch to the US dollar by the end of September 2015. 13,999,000,000 (18th); 20,269,600,000 (21st); 50,000,000 (16th)[162] [25] Therefore, the fourth dollar (ZWL) is equivalent to 10,000,000,000,000,000,000,000,000, or 1×1025 or 10 septillion first dollars (ZWD) (or 1 trillion third dollars). 52.71 (8th) 74.86 (13th) [154] On 3 October 2008, the Reserve Bank of Zimbabwe temporarily suspended the Real Time Gross Settlement (RTGS) system, halting electronic parallel market transfers,[155] but it was reinstated on 13 November 2008.[156]. 236,850,692,832 (OMIR for 15th); A man counts Zimbabwean dollar notes and coins next to a ten US dollar note on the streets of Harare. 65,059 †; 59,652 ‡ (22nd) After being introduced on 1 August 2008, the third dollar continued to devalue. The improved exchange rate will be applied to miners, farmers, tour operators, non-governmental organisations, embassies, Zimbabweans living abroad that repatriate earnings, and others who generate foreign exchange. 30,577,532 (22nd) 17,398.16 (17th) It was demonetised in 2015, with outstanding accounts able to be reimbursed until 30 April 2016. 32,000 (18th[98]); 619.52 (30th), 790,510 ‡; 1,000,000[159] (1st) A trillion, by the way, is a million million. 100,000,000,000,000 (29th)[182], 35,000,000,000,000,000 (1st) – UN Rate[183] 150,000,000,000,000,000 (29th) – UN Rate, 250,000,000,000,000 (1st)[184] 434,449,294.12 (27 May); At the time of its introduction, the Zimbabwean dollar was worth more than the US dollar in the official exchange market, with 1 ZWD = US$1.47, although this did not reflect the actual purchasing power it held. [9], The Zimbabwean dollar's predecessor, the Rhodesian dollar, was essentially equal to half of the value of the pound sterling at the time of its adoption (during the decimalisation of 1970). 558.53 (29th) 34.83 (29th), 40.53 †; 51 ‡ (1st); 3,000,000,000,000 (15th)[177] 244.05 (17th) 380 (Jan) to 710 (Jun), 1400 (Jul) to 1740 (Oct) to 1400 (Dec), 1400 (Jan); 1450 (Feb); 2300 (May); 3000 (Jul); 6000 (Aug); 6400 (Oct); 6000 (Nov), In February 2003, the Official Exchange Rate was re-pegged at ZWD 824 per US $, 824 (1 January); 4196 (12 January) to 5730 (Dec). [35][36], On 13 July 2007, the Zimbabwean government said that it had temporarily stopped publishing (official) inflation figures, a move that observers said was meant to draw attention away from "runaway inflation which has come to symbolise the country's unprecedented economic meltdown". In August 2000, the Official Exchange Rate was pegged at ZWD 50, then ZWD 51 and finally at ZWD 55 per USD; parallel, 70 (Jan); 80 (Feb); 100 (Mar); 120 (Apr); 140 (May); 160 (Jun); 250 (Jul); 300 (Aug); 400 (Sep); 300 (Oct); 320 (Nov); 340 (Dec). 204,565,727.39 (8 May); 79,816 (22nd) Many could have mistaken plans by the Reserve Bank of Zimbabwe (RBZ) to introduce new notes and coins next week for the introduction of a completely new currency which is not the Zimbabwe dollar. 121.43 (15th) 96.43 (19th) 230 ‡ (15th) 8,000 (2nd[82]); The hyperinflation was contributed by poor economic policies, unrestricted printing of currency notes and corruption. The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of 4 official currencies of Zimbabwe from 1980 to 12 April 2009. 495,932,559,520 (OMIR for 23rd); On 1 March 2008, it was reported that documents obtained by The Sunday Times showed that the Munich company Giesecke & Devrient (G&D) was receiving more than €500,000 (£381,562) a week for delivering bank notes equivalent to Z$170 trillion a week. 25,000,000 (5th[134]); 42.72 (3rd) 354.58 (19th); 357.48 (20th) [30] In his first budget, the Zimbabwe finance minister, Tendai Biti, stated "the death of the Zimbabwe dollar is a reality we have to live with. 4,605,736,200 (10th); 1,400,000 (24th[121]); On 18 December 2014, the 1, 5, 10, and 25 US cent denominations were released into circulation. 360,000,000,000 (17th); [149] 64.19 (7th) [31] In late January 2009, acting Finance Minister Patrick Chinamasa announced that all Zimbabweans would be allowed to conduct business with any currency, as a response to the hyperinflation crisis. 233,621,089,202 (28th am) 266.64 (17th); 271.04 (20th) 38,000 (20th[99]); [50], In June 2008, U.S. officials announced they would not take any action against Giesecke & Devrient (G&D). If you've wondered what a Zimbabwe One Hundred Trillion Dollar Banknote looks like, you have come to the right place. 40.96 †; 66 ‡ (5th) 22,837 (17th) “I don’t care how torn it is, I take it. 11,608 (9th) 1,400 †; [51] The $1 notes are used by many people to buy their daily bread and other small purchases. REUTERS/Philimon Bulawayo. eBay sellers of Zimbabwe currency offer a large selection of Zimbabwe dollars as well as Zimbabwe bond notes for sale. 58.04 (17th); 62.70 (18th) 18,888 (15th) 161.24 (19th) 208.65 (14th) The decision was in response to an "official request" from the German government and calls for international sanctions by the European Union and the United Nations.[52]. 125.75 (29th) 554,915 †; 360,707 ‡ (29th) For serious collectors, the catalog number of these 100 Trillion Notes is P91.There has never been a currency note with a higher denomination than this 100 Trillion Dollar … On 31 March 1999, the Official Exchange Rate was pegged at ZWD 38 per USD; the parallel market had re-emerged by December 1999. 223.51 †; 375 ‡ (18th) 8,042,778 (7th) The ZWD is able to fluctuate (from its average rate) in a daily band of: 0% (under US$5 million); 1% (US$5 to 10 million); 1.5% (US$10 to 15 million); or 2% (exceeds US$15 million). (Source[141]), 53,049,500,000 (1st);[146] 109.48 (24th) Up to 2003, regular banknotes were issued, but as hyperinflation developed from 2003, the Reserve Bank issued short-lived emergency traveller's cheques. In fact, Zimbabwe’s economy is so deindustrialized and for the given moment not even a little improvement is expected. A 2-dollar coin was introduced in 1997. 3,500 (18th[73]); ", "Budget likely to show Mugabe's desperation", "Zimbabwe Teachers Can't Afford to Report for Work", "The United Nations Operational Rates of Exchange", "Zim trims 12 zeroes from trillion dollar note", Saint Helena, Ascension and Tristan da Cunha, https://en.wikipedia.org/w/index.php?title=Zimbabwean_dollar&oldid=997666569, Currencies of the Commonwealth of Nations, Articles with dead external links from May 2016, Articles with unsourced statements from March 2017, Wikipedia articles in need of updating from February 2020, All Wikipedia articles in need of updating, Articles with unsourced statements from August 2013, Articles needing additional references from January 2018, All articles needing additional references, Articles with German-language sources (de), Creative Commons Attribution-ShareAlike License, $1, $5, $10, $20, $50, $100, $500, $1 000, $1,000,000,000,000, 1, 5, 10, 20, 50 cents, 1, 2, 5, 10, and 25 dollars, 98.0% per day in mid-November 2008 or 8.97, Z$ tied to basket of FRF, DEM, ZAR, CHF, GBP, USD, 18 April 1980 – Independence (1 Z$ = 1 R$), Flexible basket; dual rates; 20% tax on outgoing payments, Floating official rate (1 July) ; dual rates; ZWD devalued by 17%, floating official rate; dual rates; rates unified 1998 (Dec). 488,452,876,313 (OMIR for 24th); 1,221,500,000 (4th); 4,800 † 20,170,317,159.13 (14th); The use of foreign currencies was legalised in January 2009, causing general consumer prices to stabilise again after years of hyperinflation and price speculation. [29], Despite the introduction of the fourth dollar, the problems were not eliminated, and the economy continued to be almost completely dollarised. In 1989, bronze-plated steel replaced bronze. 266,075 (26th) A street vendor poses as he displays bond notes, before the introduction of new currency in Harare, Zimbabwe, November 11,2019. 132.25 (30th), 2,000 †; 2,498 ‡ (1st); 170.39 (20th); 177.25 (23rd) If you have any questions, concerns or suggestions we're availible around the clock to take care of your needs. 6,626.39 (11th) 660,732 (3rd) On 4 June 2015, it was announced that the Reserve Bank of Zimbabwe would exchange some of the old banknotes for US dollars. 1,680,757,577,947,650 (10th am) 134,838,399,549,100 (6th pm) As more and more of these counterfeit notes hit the market, they are causing a panic as customers rush to check if their notes are indeed authentic. 8,500 ‡ (8th) 19,489,294,117.65 (11th); 41,974,524,821,395,400 (13th pm) 86.15 (25th); 91.39 (26th) 405,870,411.18 (23 May); 236,706,849.48 (14 May); 3,047,030,834 (OMIR for 4th); An overview of the exchange rate data can be found in the table below: 7.58 (1st) 18,681,527,512.36 (10th); 4,952,500,000.00 (17th); 216,162,327,532,185 (4th pm) 26,867,910,902 (23rd) 345.18 (23rd) 40,928,000,000 (30th)[146], 967,480,942 (OMIR for 2nd); This new currency is called RTGS dollars and consists of bond notes and RTGS (electronic money). The second dollar started off with an official rate of 250 and a parallel rate of 550 to the US$. On 1 August 2008, a second redenomination was conducted, in which 10,000,000,000 2nd dollars (ZWN) became 1 3rd dollar (ZWR). 2,850.37 (7th) 25,000 (11th[94]); The exercise brought closure to the outstanding issue on the Zimbabwe dollar, further confirming the government's position that the local unit will not return anytime soon. 202,409,619,045 (OMIR for 7th); And so dealers buy the tattered notes and make profits off the black market. 83.57 (16th) 661,229,327,046,568,000 (18th am) 145.62 (2nd) 13.19 (13th) 393.30 (22nd) 101,338,478,626 (27th am) 25,599,608 (21st) 11,000 (cash) (11th)[161] 34.05 (5th) 6,674,757,281,553 (31st am) 25,389,017,580.37 (17th); This infobox shows the latest status before this currency was rendered obsolete. 360.64 (21st); 363.14 (22nd), For the currency currently used in Zimbabwe commonly known as the "Zimbabwean dollar", see, $500 note of the fourth Zimbabwean dollar. 592,416 (30th), 138.14 (1st) ", "Zimbabwe licenses shops to accept foreign currency", "Zimbabwe Tobacco Season Officially Ends; Deliveries Down 40%", "Political impasse sends Zimbabwe dollar tumbling", "50,000-dollar banknote for inflation-wracked Zimbabwe", "Zimbabwe stock market up 257 percent in a day", "Zimbabwe Central Banker Reports 'Concerted Efforts' For Turnaround", "Zimbabwe Prices in Stratosphere As Political Power-Sharing Falters", "New Zimbabwe bank limits trigger surge in prices", "Cost of 3 papers in Zimbabwe: 1 $50 billion note", "Zimbabwe to launch 100 trillion dollar note: report", "Unintended effect of Zimbabwe dollarization - no change! , so enterprising traders are repairing old ones for desperate customers only country where currency other! 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