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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

276 Zimbabwean Dollar to Canadian Dollar exchange rates chart

276 ZWD to CAD exchange rates graph
276 ZWD to CAD Spot 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.

276 ZWD to CAD exchange rates table

Exchange ZWD to CAD
276 Zimbabwean Dollar = 1.002 Canadian Dollar
552 Zimbabwean Dollar = 2.005 Canadian Dollar
1380 Zimbabwean Dollar = 5.012 Canadian Dollar
2760 Zimbabwean Dollar = 10.024 Canadian Dollar
Exchange Zimbabwean Dollar to Canadian Dollar
276 Zimbabwean Dollar to Canadian Dollar 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.

Best ZWD/CAD rate at Ultimate Currency Exchange in Toronto

276 ZWD to CAD exchange rates at Ultimate Currency Exchange in Toronto
276 Zimbabwean Dollar = 828.000 Canadian Dollar
Ultimate Currency Exchange
Ultimate Currency Exchange

Ultimate Currency Exchange is a Canadian registered company that provides foreign exchange services with three branches; two in Ottawa and one in Toronto and also accepts online orders to ship foreign currency to any part of Canada. UCE buys and sells more than ninety foreign currencies with no commission fees. UCE's exchange rates are always better than Canadian banks and compete with the other exchange bureaus. Ultimate Currency Exchange is a "Money Service Business" registered with FINTRAC...

276 ZWD to CAD exchange rates news

Zim economic woes: Is it business as usual or a platform for change? | IOL Business Report

It appears that the Zimbabwean economy has opted for euthanasia to end its pain and suffering… write Siyabonga Hadebe and Luther-King Junior Zogli.

indicative neutral
Mangudya lost his cool under pressure from legislators

RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya - who is usually calm and patient - yesterday lost his cool under pressure from legislators at a pre-budge...

conditional neutral
Zimbabwe sees 2019 budget deficit at 4 percent of GDP
Zimbabwe sees 2019 budget deficit at 4 percent of GDP

Zimbabwe wants to reduce its budget deficit to 4 percent of gross domestic product in 2019, down from this years' 11.1 percent forecast.

conditional negative
GBP/CAD Outlook: Pound V Canadian Dollar Exchange Rate Plunges As Oil Prices Jump

Following a mixed week for the Canadian Dollar, the British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged on Monday as investors reacted to a surge in oil prices, as well as some concerning Brexit speculation

conditional positive
CANADA STOCKS-Futures decline as oil prices slip

Canada's main stock index futures fell on Friday, as a fall in oil prices due to increased global supply of crude dragged down energy shares.

subjunctive negative

276 ZWD to CAD currency converter