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Zimbabwean Dollar
(redirected from Zimbabwean Dollars)

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Zimbabwean Dollar
The former currency of Zimbabwe. It replaced the Rhodesian dollar following (official) independence from Britain in 1980 and was used until extreme hyperinflation forced a change to a new currency code in early 2009 and was abandoned in April of that year. Its inflation rate in December 2008 was 6.5 x 10^108%.


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Last year when inflation was particularly bad, you could buy a Rolls Royce with a certain amount of Zimbabwean dollars one week and the next week all the same amount could buy was a cup of coffee
And you could hedge for deflation by buying a few hundred trillion Zimbabwean dollars.
Had they not done so, the conversion rate would have risen to 10 trillion Zimbabwean dollars to one U.
 
 
 
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