ZWL


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ZWL

ISO 4217 code for the Zimbabwean dollar. The new code replaced the old code (ZWD) in February 2009, when the government of Zimbabwe dropped 12 zeros from the dollar in response to hyperinflation. However, inflation continued, and, in April, the government permitted Zimbabweans to use any currency for transactions (which most people were doing anyway). This effectively ended the Zimbabwean dollar.
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References in periodicals archive ?
GENCO collaborated with Hershey to achieve ZWL status at the Western distribution center, which it operates.
The subscription for the Neue ZWL Zahnradwerk Leipzig GmbH bond which is to be included in the Entry Standard ended on its very first day.