Zimbabwean Dollar

Zimbabwean Dollar

The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the official currency of Zimbabwe from 1980 to 12 April 2009. During this time, it was subject to periods of above-average inflation, followed by a period of hyperinflation.The Zimbabwean dollar was introduced in 1980 to directly replace the Rhodesian dollar at par (1:1), at a similar value to the US dollar. Over time, hyperinflation in Zimbabwe reduced the Zimbabwe dollar to one of the lowest valued currency units in the world. It was redenominated three times (in 2006, 2008 and 2009), with denominations up to a $100 trillion banknote issued. The final redenomination produced the "fourth dollar" (ZWL), which was worth 1025 ZWD (first dollars). Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. It was demonetised in 2015, with outstanding accounts able to be reimbursed until April 30, 2016. In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar are now regularly used.

Chinese Yuan Renminbi

Chinese Yuan Renminbi

The renminbi (Ab.: RMB; simplified Chinese: 人民币; traditional Chinese: 人民幣; pinyin: rénmínbì; literally: "people's currency"; sign: 元; code: CNY) is the official currency of the People's Republic of China. The yuan (Chinese: 元; pinyin: yuán) is the basic unit of the renminbi, but is also used to refer to the Chinese currency generally, especially in international contexts where "Chinese yuan" is widely used to refer to the renminbi. The distinction between the terms renminbi and yuan is similar to that between sterling and pound, which respectively refer to the British currency and its primary unit. One yuan is subdivided into 10 jiao (Chinese: 角; pinyin: jiǎo), and a jiao in turn is subdivided into 10 fen (Chinese: 分; pinyin: fēn). The renminbi is issued by the People's Bank of China, the monetary authority of China.Until 2005, the value of the renminbi was pegged to the US dollar. As China pursued its transition from central planning to a market economy, and increased its participation in foreign trade, the renminbi was devalued to increase the competitiveness of Chinese industry. It has previously been claimed that the renminbi's official exchange rate was undervalued by as much as 37.5% against its purchasing power parity. More recently, however, appreciation actions by the Chinese government, as well as quantitative easing measures taken by the American Federal Reserve and other major central banks, have caused the renminbi to be within as little as 8% of its equilibrium value by the second half of 2012. Since 2006, the renminbi exchange rate has been allowed to float in a narrow margin around a fixed base rate determined with reference to a basket of world currencies. The Chinese government has announced that it will gradually increase the flexibility of the exchange rate. As a result of the rapid internationalization of the renminbi, it became the world's 8th most traded currency in 2013, and 5th by 2015.On 1 October 2016, the RMB became the first emerging market currency to be included in the IMF's special drawing rights basket, the basket of currencies used by the IMF (reserve currency).

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi exchange rates chart

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi exchange rates graph
1325000 ZWD to CNY exchange rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi exchange rates FAQs

What is 1325000 ZWD to CNY?

The meaning of 1325000 ZWD to CNY is to exchange 1325000 Zimbabwean Dollar to Chinese Yuan Renminbi by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 1325000 ZWD to CNY on the chart below.

Who can exchange 1325000 ZWD to CNY?

Anyone with 1325000 Zimbabwean Dollar can find a local bank or a bureau de change to convert into Zimbabwean Dollar. However, if neither ZWD nor CNY is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 1325000 ZWD to CNY?

Due to the nature of the forex market, the exchange rates for 1325000 ZWD to CNY is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 1325000 ZWD to CNY?

Most likely you are traveling and want to get some Chinese Yuan Renminbi cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 1325000 Zimbabwean Dollar to Chinese Yuan Renminbi. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 1325000 ZWD to CNY?

Usually you can find a local bank, post office or bureau de change to exchange 1325000 ZWD to CNY. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Chinese Yuan Renminbi you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 1325000 ZWD to CNY?

Use the tool we provided here to find the best exchange rates for 1325000 Zimbabwean Dollar to Chinese Yuan Renminbi. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1325000 ZWD in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi exchange rates table

Exchange ZWD to CNY
1325000 Zimbabwean Dollar = 25659.076 Chinese Yuan Renminbi
2650000 Zimbabwean Dollar = 51318.151 Chinese Yuan Renminbi
6625000 Zimbabwean Dollar = 128295.378 Chinese Yuan Renminbi
13250000 Zimbabwean Dollar = 256590.755 Chinese Yuan Renminbi
Exchange Zimbabwean Dollar to Chinese Yuan Renminbi
1325000 Zimbabwean Dollar to Chinese Yuan Renminbi Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi news tweets

1325000 ZWD to CNY added 1 tweet
2019-11-12 15:14:35 UTC
RT @AJEnglish: The new Zimbabwean dollar has finally hit the streets, but can it relieve the country's chronic cash shortage?… https://t.co/HSgWLaUbUD
1325000 ZWD to CNY added 1 tweet
2019-11-12 15:11:40 UTC
RT @AJEnglish: The new Zimbabwean dollar has finally hit the streets, but can it relieve the country's chronic cash shortage?… https://t.co/HSgWLaUbUD
1325000 ZWD to CNY added 1 tweet
2019-11-12 15:11:31 UTC
RT @AJEnglish: The new Zimbabwean dollar has finally hit the streets, but can it relieve the country's chronic cash shortage?… https://t.co/HSgWLaUbUD
1325000 ZWD to CNY added 1 tweet
2019-11-12 15:10:18 UTC
RT @AJEnglish: The new Zimbabwean dollar has finally hit the streets, but can it relieve the country's chronic cash shortage?… https://t.co/HSgWLaUbUD
1325000 ZWD to CNY added 1 tweet
2019-11-12 15:08:46 UTC
RT @AJEnglish: The new Zimbabwean dollar has finally hit the streets, but can it relieve the country's chronic cash shortage?… https://t.co/HSgWLaUbUD
1325000 ZWD to CNY added 1 tweet
2019-10-31 16:14:37 UTC
RT @avarakai: RMB (Chinese Yuan / Renminbi) isn't even worth the paper it is printed on. Here's you should always call out RMB as… https://t.co/GYlbMFsGEO
1325000 ZWD to CNY added 1 tweet
2019-11-01 17:47:06 UTC
Is #Chinese #renminbi the same as #Yuan? Both names are perfectly good, but in slightly different ways. "Renminbi"… https://t.co/5kpwM7zhZO
1325000 ZWD to CNY added 1 tweet
2019-11-01 05:51:40 UTC
RT @PDChinaBusiness: The central parity rate of the Chinese renminbi, or the yuan, weakened 13 pips to 7.0762 against the US dollar on M… https://t.co/AqNs2qOsMG
1325000 ZWD to CNY added 1 tweet
2019-11-06 01:13:10 UTC
How can chinese living inside china able to deposit their fiat or convert yuan renminbi into usd eur cad gbp or usd… https://t.co/ieQOK2f1ZC
1325000 ZWD to CNY added 1 tweet
2019-11-05 13:53:42 UTC
China's #yuan / #renminbi has strengthened past the seven per dollar for the first time since August as the U.S. we… https://t.co/6RAhYsdRfj

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi news videos

100 Trillion Dollars! This is the story of ridiculous banknotes & hyperinflation in Zimbabwe, explained using Monopoly money.
Save money on your phone bill and get $25 off at https://polymatter.ting.com Twitter: https://twitter.com/polymatters Patreon: ...
How would you like to pay $417.00 per sheet of toilet paper? Sound crazy? It's not as crazy as you may think. Here's a story of ...
Zimbabwe's government is banning the use of foreign currencies when buying goods - as it moves towards reintroducing the ...
A video looking at way you can't simply print money to pay off debt. And what has happened when countries have tried to! And for ...
The U.S.-China trade war quickly turned into a currency war. The U.S. Treasury Department took the rare move of naming China a ...
The US has labeled China a currency manipulator, cranking up trade tensions between the world's two biggest economies. The ...
The Chinese renminbi (sign: ¥; code: CNY) is the currency of the People's Republic of China (PRC), whose principal unit is the ...
The various denominations of the renminbi, China's currency, is shown with explanations of the illustrations on the front and back ...
Stocks were selling off around the world as a China currency move overnight is causing concern. Deborah Cunningham ...

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi news texts

Zimbabwe's Own U.S. Dollar Bills
Zimbabwe's Own U.S. Dollar Bills

The African nation, which uses the American currency among others, ran out of physical cash. So, it’s going to print its own.

almost 3 years conditional negative
China's currency is expected to fall below its own 'red line,' prompting more complaints from US
China's currency is expected to fall below its own 'red line,' prompting more complaints from US

Strategists expect China's weakening currency to eventually fall through a key psychological level that could spark an even steeper drop and no doubt draw a new round of criticism from the Trump administration.

about 1 year conditional negative

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi currency converter

1325000 Zimbabwean Dollar to Chinese Yuan Renminbi exchange rates

1 CAD to CLP
Toronto, Canada.
1 EUR to INR
Kirkland, United States.
100 USD to PEN
Houston, United States.
1 CAD to TRY
Brampton, Canada.
100 USD to HUF
Canoga Park, United States.
1 USD to BRL
Denver, United States.
50 MYR to EUR
Miri, Malaysia.
100000 IDR to INR
Chennai, Republic of India.
100 USD to PHP
Las Vegas, United States.
5 RUB to USD
Ahmedabad, Republic of India.
220000 ZAR to TWD
Johannesburg, Republic of South Africa.
100 AUD to IDR
Aspley, Commonwealth of Australia.
1 AUD to IDR
Aspley, Commonwealth of Australia.
50000 CAD to ILS
Toronto, Canada.
50000 CAD to ILS
Toronto, Canada.
1000 USD to MXN
Littleton, United States.
1 USD to KYD
Pompano Beach, United States.