pooky Posted May 3, 2007 Report Share Posted May 3, 2007 I have banknotes from Zimbabwe from roughly ten years apart. The first set have the normal denominations $10 and $20 then the more recent lot are identical (in terms of colouring and images used) and carry an extra zero. anyone reckon that inflation has any effect on the value of such notes? who knows when zimbabwe will be back to normal currency.. Link to comment Share on other sites More sharing options...
De Orc Posted May 3, 2007 Report Share Posted May 3, 2007 Without getting into the political situation, I would say that once the country has a stable goverment might help. Link to comment Share on other sites More sharing options...
Grant Ness Posted May 3, 2007 Report Share Posted May 3, 2007 It's unlikely (at least IMO) that inflation will come under control any time in the near future in ZIM. Link to comment Share on other sites More sharing options...
San_Miguel98 Posted May 3, 2007 Report Share Posted May 3, 2007 the 'official' rate is 250 new zimbabwe dollars = 1 u.s. dollar, but the 'reality' rate is 20,000 nzwd = 1 usd. in 2006, zimbabwe revalued their currency so that 1000 old zimbabwe dollars = 1 new zimbabwe dollars. since the $10 & $20 you have are in denominated in old dollars, you can imagine the current exchange rate. more reading: Wikipedia article Link to comment Share on other sites More sharing options...
see323 Posted May 4, 2007 Report Share Posted May 4, 2007 I was curious. I read a fair bit of the history of this country. It's is a struggle of power and a bad case of governance. Link to comment Share on other sites More sharing options...
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