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The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of four official currencies of Zimbabwe from 1980 to 12 April 2009. During this time, it was subject to periods of extreme inflation , followed by a period of hyperinflation .
The banknotes of Zimbabwe were physical forms of Zimbabwe's first four incarnations of the dollar ($ or Z$), from 1980 to 2009. The banknotes of the first dollar replaced those of the Rhodesian dollar at par in 1981, one year after the proclamation of independence. [2]
The Zimbabwean dollar (sign: Z$; code: ZWL), [5] also known as the Zimdollar or Real Time Gross Settlement (RTGS) dollar, [6] [7] was the currency of Zimbabwe from February 2019 to April 2024. It was the only legally permitted currency for trade in Zimbabwe from June 2019 to March 2020, after which foreign currencies were legalised again.
Zimbabwean dollar Reason: hyperinflation Ratio: 250 ZWL = 1 USD Note: 1st dollar (ZWD): 18 April 1980 to 21 August 2006 2nd dollar (ZWN or 1 000 ZWD): 1 August 2006 to 31 December 2008 3rd dollar (ZWR or 10 10 ZWN): 1 August 2008 to 12 April 2009 4th dollar (ZWL or 10 12 ZWR): 2 February 2009 to 12 April 2009: Currency of Zimbabwe 18 December ...
Second Zimbabwean dollar (ZWN) = 1 000 first dollar (ZWD) 2006 Third Zimbabwean dollar (ZWR) = 10 000 000 000 second dollar (ZWN) 2008 Fourth Zimbabwean dollar (ZWL) = 1 000 000 000 000 third dollar (ZWR) 2009 This table is not exhaustive.
500 old Zimbabwean dollar bill of the first Zimbabwean dollar A special agro-cheque for 100 billion dollars, during the hyperinflation in Zimbabwe Prior to 1873, the silver dollar circulated in many parts of the world, with a value in relation to the British gold sovereign of roughly $1 = 4s 2d (21p approx).
In mid-2015, Zimbabwe announced plans to have completely switched to the United States dollar by the end of that year. [3] In June 2019, the Zimbabwean government announced the reintroduction of the Real Time Gross Settlement dollar (RTGS), to be known simply as the "Zimbabwe dollar", and that all foreign currency was no longer legal tender. [4]
Zimbabwean dollar; Zimbabwean dollar (2019–2024) Zimbabwean one hundred trillion dollar note; Zimbabwean ZiG; Media in category "Currencies of Zimbabwe"