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What do the U.S. dollar, South African rand, the British pound, Indian rupee ... John Mangudya. Zimbabwe used to have a Z$100,000,000,000,000 note - one trillion Zimbabwean dollars.
The USD to ZiG exchange rate was trading at 13.76 on Monday, according to the Zimbabwe Central Bank. It was trading at 1.33 against the South African rand and by 17.60 against the British pound.
Four years ago, Zimbabwe experienced one of the worst cases of hyperinflation in history. The country abandoned its own currency and switched to the U.S. dollar ... Britain's pounds or euros.
We also asked him was the old Zimbabwe dollar really stronger than the US ... you needed US$2,40 to buy one pound. Today you can buy a pound for US$1.24. The question of how practical it is ...
What do the U.S. dollar, South African rand, the British pound, Indian rupee ... John Mangudya. Zimbabwe used to have a Z$100,000,000,000,000 note - one trillion Zimbabwean dollars.