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On 2 February 2009, the Reserve Bank introduced banknotes of the fourth dollar, equal to one trillion (1 000 000 000 000 or 10 12) third dollars: the banknotes of the third dollar were supposed to lose legal tender status by 1 July 2009, but the power-sharing government of Prime Minister Morgan Tsvangirai instead suspended the Zimbabwean dollar ...
The 100 trillion Zimbabwean dollar banknote (10 14 dollars), equal to 10 27 pre-2006 dollars. On 30 July 2008, the dollar was redenominated and given a new currency code of ZWR. [23] After 1 August 2008, 10 billion ZWN were worth 1 ZWR. [23] Coins valued at Z$5, Z$10 and Z$25 and banknotes worth Z$5, Z$10, Z$20, Z$100, and Z$500 were issued in ...
A third redenomination, producing the "fourth Zimbabwe dollar", occurred in February 2009, and dropped 12 more zeros from the currency. It was thus worth 10 trillion trillion original dollars, as the three redenominations together reduced the value of an original dollar by 10 3 × 10 10 × 10 12 = 10 25.
The government had previously floated various ideas to replace the Zimbabwe dollar, including introducing gold coins to stem inflation and even trying out a digital currency.
The Zimbabwe dollar has come under sustained pressure in recent weeks, making it one of the world’s worst performing currencies. Zimbabwe introduces new currency as depreciation and rising ...
The government printed a 100-trillion Zimbabwe dollar banknote to keep up with spiraling prices that saw a loaf of bread going for more than 500 million Zimbabwe dollars.
The Zimbabwean one hundred trillion dollar note is a denomination of Zimbabwean currency.It is one of the world's largest denominations of currency. [1] It was first issued in Zimbabwe on 16 January 2009 during the period of hyperinflation when the prices of goods rose rapidly and the government printed money in increasingly larger denominations to match market prices.
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 2014 – 2024 Note: Part of a multiple currency system with hard currencies & Zimbabwean bond coins (since 28 November 2016)
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