Zimbabwean Dollar

Zimbabwean Dollar

Zimbabwean Dollar overview

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.

1 ZWD to USD exchange rates chart

ZWD to  exchange rates chart

Zimbabwean Dollar news

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Breaking news and analysis from TIME.com. Politics, world news, photos, video, tech reviews, health, science and entertainment news.

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Commercial Law In Zimbabwe - Corporate/Commercial Law - Zimbabwe

Zimbabwe is a landlocked independent republic located in the southern part of the African Continent, bordered by Zambia to the northwest, Mozambique to the north and east, South Africa to the south, ... Zimbabwe Corporate/Commercial Law Adams & Adams 21 Dec 2018

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Zimbabwe’s economy is collapsing and president Mnangagwa can’t stop it

President Mnangagwa is struggling to overcome the national economic destruction over two decades under Robert Mugabe.

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Will Zim bury poll deaths report?
Will Zim bury poll deaths report?

Will Zim bury poll deaths report?

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What you should know about Zimbabwe’s new 'currency'

Zimbabwe’s reserve bank hopes the pseudo-currency will solve a crippling cash shortage.

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Zimbabwe’s new president may not be able to fix the economy

UNTIL recently Priscilla was an administrator in a printing firm in Harare, Zimbabwe’s sunny capital. Today she spends her days on the side of a street, clutching a thick bundle of different banknotes. A few weeks ago, after two years of not paying her wages, her employer went bust.

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Zimbabwe’s financial system increasingly resembles a house of cards

The capacity of the economy to earn US dollars by selling goods externally has fallen dramatically, and the supply of money circulating within the country has dried up.

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