22,837 (17th) 102,351,000,000 (8th); 360,000,000,000 (17th);  925,825.00 (17th) 5,700 ‡; 7,500 (5th) 687,860,375,011 (OMIR for 22nd); 3,047,030,834 (OMIR for 4th); 2,691,588,425 (7th); 35,179,473,949,600 (3rd pm) Why Buy Zimbabwe Dollars? Although in 2019 the government tried to make some changes and reintroduced a Zimbabwe currency, the black market continued to use USDs even when restrictions for using it local transactions were applied. 10,148,113 (12th) 8,260,031,632.83 (23rd); 9,288,500,000 (17th); 117.26 (6th); 121.85 (9th) 50,000,000 (16th) 498,000,000 (22nd); 255,771,415.67 (16 May); 44,796,944 (26th) Great gifts for currency collectors, economics buffs, or people that just like weird things. 11,000 (cash) (11th) According to … If you have any questions, concerns or suggestions we're availible around the clock to take care of your needs. 126.11 (10th); 131.00 (11th) 193,014,500,000 (14th); 1,330.10 (28th) 37.15 (1st) The currency code for Dollars is ZWD, and the currency symbol is Z$. Like the original 1980 coins, these special coins would be denominated in 1, 5, 10, 20, and 50 cents, but would have values at par with US cents. 1,964,500,000 (5th); The Government has maintained that the return of the Zimbabwe dollar will only be considered when key economic fundamentals, such as productivity in key sectors, have been achieved.. And so dealers buy the tattered notes and make profits off the black market. The 1 cent coin was struck in bronze, with the others struck in cupro-nickel. The use of foreign currencies was legalised in January 2009, causing general consumer prices to stabilise again after years of hyperinflation and price speculation. 2,000 (19 November); 7,667,426 (13th) 153.10 (3rd) (Source). 1,423,462.00 (19th) 69,127 (cash) ‡ (27th) 20.08 (20th) 1,000,000,000,000 ‡(16th) 52.71 (8th) zimbabwe scarce 2007/2008 german printed with security strip notes $100 , $500 , $1000 ,$1 million - 4 note inflation set 17,066,529,677.98 (8th); 6,000,000 (24th), The Old Mutual Implied Rate (OMIR) is calculated by dividing the Zimbabwe Stock Exchange price of the Old Mutual share by the London Stock Exchange Price for the same share. 4,000,000 (3rd), 1,900,000 (3rd); 404,294.50 (12th) The consequence is that Zimbabwe is the only country where currency of other countries is more acceptable than their own currency.  Despite redenomination, the RBZ was forced to print banknotes of ever higher values to keep up with surging inflation, with ten zeros reappearing by the end of 2008. 37,997 (19th) 19,148,534,621,367,600 (13th am) 7,437,184,423.78 (20th); 2,772,250.00 (29th) 2,000,000 (4th); Official exchange rate was changed to 30,000 on 7 September 2007. 333,500,825 (20th) 2,850.37 (7th) 34.05 (5th) The Reserve Bank of Zimbabwe has introduced a national currency for the first time since 2009 in an attempt to tackle a sharp shortfall of the US dollar, the country’s primary medium of trade. On 2 February 2009, a third redenomination took place, in which the RBZ removed 12 zeros from the currency, with 1,000,000,000,000 (third, ZWR) Zimbabwe dollars being exchanged for 1 new (fourth, ZWL) dollar. Free shipping on many items ... 100 TRILLION ZIM BOND DOLLAR 2008 ZIMBABWE CURRENCY 2008 AA UNC - FAST SHIP COA. On 18 December 2014, the 1, 5, 10, and 25 US cent denominations were released into circulation. 3,161,381 (9th) 114.61 (25th) 39.59 (2nd) 23.29 (22nd) 21.55 (21st) 154,661.25 (10th) 30,201,803,133.32 (21st);   After 1 August 2008, 10 billion ZWN were worth 1 ZWR. 244.05 (17th) 200,000,000 (6th); 345.12 (14th); 350.30 (15th) The 50 US cent denomination followed in March 2015. 13,583 (8th) Hyperinflation in 2009 made the government abandon their local currency and switch to the American dollar. 4,311 (3rd) 173,176,356,278 (OMIR for 8th); 324,446,338,775 (17th);  4,200 (23rd); 325,110,110,211 (16th); Instead, in August 2006, the first dollar was redenominated to the second dollar at the rate of 1000 first dollars to 1 second dollar (1000:1). 64,575,990,281 (OMIR for 26th);  This reflected the reality of the dollarisation of the economy, with many shop keepers refusing to accept Zimbabwe dollars and requesting US dollars or South African rand instead. 2,400 (29 November);, 3,200 (11th); 1,000 Old Zim dollars become 1 revalued Zim dollar. 6,674,757,281,553 (31st am) As a result, in both the official and parallel markets, the currency's value eroded rapidly over the years, and by July 2006, the parallel market value of the Zimbabwean dollar fell to Z$1,000,000 = GBP £1. 29,000 ‡ (11th) 6,412,613,315 (13th); Below, you'll find Zimbabwean Dollar rates and a … 74.86 (13th) , The Zimbabwean dollar's predecessor, the Rhodesian dollar, was essentially equal to half of the value of the pound sterling at the time of its adoption (during the decimalisation of 1970). ZIMBABWE CURRENCY IS DEFUNCT AND NOT LEGAL TENDER ANYWHERE. With immediate effect, bond notes and all electronic money, would be merged into a new currency to … 33,000 † (18th) 502,683,475,196 (OMIR for 21st); 25,389,017,580.37 (17th); 27.66 (26th) 193,012,615,772,476 (6th am) The decision was in response to an "official request" from the German government and calls for international sanctions by the European Union and the United Nations.. 13,999,000,000 (18th); 328.36 (6th); 320.02 (7th) 3,000,000,000,000 (15th) Cash: 50,000 (29th), 55,000 (3rd); At the heart of every transaction we strive to build trust and a long standing relationships for years to come. On 2 February 2009, the RBZ announced that a further 12 zeros were to be taken off the currency, with 1,000,000,000,000 third Zimbabwean dollars being exchanged for 1 new fourth dollar. 38,000 (20th); As more and more of these counterfeit notes hit the market, they are causing a panic as customers rush to check if their notes are indeed authentic. 85,158 (3 January); 99,201.58 (24 January); 101,195.54 (28 April). 447,591,739,042,251,000 (18th pm) 580,678,132.35 (30 May) 28.54 (5th); 32.19 (6th) 337,341,911.76 (21 May); 58.04 (17th); 62.70 (18th) , 76,620.00 (1st) 8,500,000 (18th); They soon began to differ, in overvaluation of the Zimbabwean dollar, increasingly substantially in comparison to less regulated markets such as offshore markets or paper cash freely traded on the streets of Harare, reflected above as Parallel Rates. 34,749,797,812.59 (22nd); 134.92 (12th); 138.58 (13th) Disclaimer: All Zimbabwe currency notes are demonetized and sold solely as collectibles. The official exchange rate is set to 250 revalued Zim dollars per 1 US dollar. 20,170,317,159.13 (14th); In January 2004, semiweekly (RBZ-controlled) currency auctions were set up to determine the official rate. It was redenominated three times (in 2006, 2008 and 2009), with denominations up to a $100 trillion banknote issued. 30,000,000,000,000 (27th) 3,500 (18th); The selection of the name was motivated by the fact that the reduced value of the new unit correlated more closely to the value of the US dollar than to the pound sterling. 274,200,889,709 (15th); 1,400,000 (24th); Due to the Dec 2007, banknote shortage, funds transferred via Electronic Funds Transfer Systems (EFTS) bore a premium rate of about $4 million, while the cash transaction rate varied around $2 million. 199.76 (26th); 206.74 (27th) Up to 2003, regular banknotes were issued, but as hyperinflation developed from 2003, the Reserve Bank issued short-lived emergency traveller's cheques. 440 ‡ (26th) 230 ‡ (15th) 49.87 (13th); 53.00 (16th)  On 12 April 2009, media outlets reported that economic planning minister Elton Mangoma had announced the suspension of the local currency "for at least a year", effectively terminating the fourth dollar. 10,000,000,000,000 (22nd) If you are purchasing the currency to add to a collection, then you probably want to determine if the currency is certified by any of the certifying authorities. 11,633 (16th) On 31 March 1999, the Official Exchange Rate was pegged at ZWD 38 per USD; the parallel market had re-emerged by December 1999. All Zimbabwe notes currently sold by the Great American Coin Company®, including but not limited to the 10 Trillion Dollar Zimbabwe Note, The 50 Trillion Dollar Zimbabwe Note and the 100 Trillion Dollar Zimbabwe Note have no currency value and are considered collectible/novelty items only. 34.83 (29th), 40.53 †; 51 ‡ (1st); 48.79 (5th) , In June 2008, U.S. officials announced they would not take any action against Giesecke & Devrient (G&D). 660,732 (3rd) 10.93 (7th) 555,000,000,000 (25th):  841,881 (2nd) 65,797,000,000 (7th); 270,794 (24th) 650 ‡; 8,676,674 (8th) 18,683,139 (19th) The regime is surviving by printing money: at this stage there is no other way. 13,856,763 (14th) 18,681,527,512.36 (10th); 650,000,000,000 (22nd) 43,319,583,395.92 (24th); , Despite the introduction of the fourth dollar, the problems were not eliminated, and the economy continued to be almost completely dollarised. 86.15 (25th); 91.39 (26th) 244.81 (7th); 245.21 (8th) “I don’t care how torn it is, I take it. 66.49 (19th); 71.21 (20th) 16,000,000 and 20,000,000 for large amounts (21st), 24,000,000 (2nd); 5,000,000 (21st); 13.19 (13th) 135,368 ‡ (24th) Those reported rates generally reflected the Official Rate as shown in the above table. 167.68 (7th) A "special rate" of 15,000 ZWD per USD was brought in on 26 April 2007. 217.72 (15th) 89,826.13 (3rd) 400,000 (cash) (12th) 558.53 (29th) 34,000 † (15th) 32.05 (28th) 494,000,000 (23rd); 71.40 (12th) 38.35 (4th) 13,469.56 (14th)  New banknotes were introduced with face values of Z$1, Z$5, Z$10, Z$20, Z$50, Z$100 and Z$500. 32,000 (18th); 168,815,333.33 (5 May); 15.80 (15th) 554,915 †; 360,707 ‡ (29th) On 1 August 2008, a second redenomination was conducted, in which 10,000,000,000 2nd dollars (ZWN) became 1 3rd dollar (ZWR). 266.40 (20th) Free shipping. 6,240,837.51 (OMIR for 21st)  However, in June 2006, it was decreed that, for a new currency to be viable, Zimbabwe had to first achieve macro-economic stability. A currency trader mends an old and worn 2 dollar bill at a busy market in Harare, in this Monday, Oct, 26, 2020 photo.  The reverse side of dollar notes often illustrated the culture or landmarks of Zimbabwe. 14,345,060,331.82 (3rd); On 29 January 2014, the Zimbabwe central bank announced that the US dollar, South African rand, Botswana pula, pound sterling, Euro, Australian dollar, Chinese yuan (renminbi), Indian rupee, and Japanese yen would all be accepted as legal currency within the country. 5,137,128,498 (12th); 267,539,344,335,978 (5th am) In 2001, nickel-plated steel replaced cupro-nickel in the 10, 20 and 50 cents and 1 dollar coins, and a bimetallic 5-dollar coin was introduced. 4,300 † (3rd) 2,443,676,912,678 (30th am) 529,336,764.71 (29 May); Cash: 50,000 (24th) 13,350,764,705.88 (2nd); Zimbabwean dollar becomes least valued currency unit around 21 March; In March, the parallel rate becomes extremely erratic, with reported rates varying significantly. 46,000,000 (10th); 1,715,118 (6th) 23,356,231,572.65 (16th); Our currency rankings show that the most popular Zimbabwe Dollar exchange rate is the ZWD to USD rate. 369,632,426.29 (22 May);  Due to frequent cash shortages and the apparently worthless Zimbabwean dollar, foreign currency was effectively legalised as a de facto currency on 13 September 2008 via a special program. 300,000 (22nd); 271,593 † (26th) 843,884,558.82 (4th); 1,679,946,944.44 (10th); 96.43 (19th) 113,028,111,843 (OMIR for 4th); 45,000 (24th); 62,024,868,786 (OMIR for 25th); 20,269,600,000 (21st); Worn out or shredded by rats, one dollar notes are king in Zimbabwe, beset by a continuing economic crisis. 100,330.21 (4th) The Zimbabwe Dollar (ZWD) was established to replace Rhodesian Dollar and to signify the nation’s independence from the UK in 1980. More Zimbabwean Dollar info > 316.56 (22nd) 27,157,406,063,618,700 (11th pm) 25,000,000 (5th); 62,761.43 (27th) 8,042,778 (7th) On 4 June 2015, it was announced that the Reserve Bank of Zimbabwe would exchange some of the old banknotes for US dollars. 138.46 (14th) 434,449,294.12 (27 May); 28,400,000,000,000,000 ‡ (12th) The Zimbabwe Stock Market, and consequently the OMIR, crashed on 20 November when allegations of market manipulation became public.  By late 2008, inflation had risen so high that automated teller machines for one major bank gave a "data overflow error" and stopped customers' attempt to withdraw money with so many zeros. 101,338,478,626 (27th am) The currency code for Dollars is ZWD, and the currency symbol is Z$. 1,200,000 (cash) ‡ (24th), 12,405,270,255,015 (3rd am) In 1980, coins were introduced in denominations of 1, 5, 10, 20, 50 cents, and 1 dollar. On 1 March 2008, it was reported that documents obtained by The Sunday Times showed that the Munich company Giesecke & Devrient (G&D) was receiving more than €500,000 (£381,562) a week for delivering bank notes equivalent to Z$170 trillion a week. 16,744,890 (16th)  In late January 2009, acting Finance Minister Patrick Chinamasa announced that all Zimbabweans would be allowed to conduct business with any currency, as a response to the hyperinflation crisis. 247,618 (25th) 297.21 (21st) 270,477,236,528 (OMIR for 17th); 60,000,000 (cash) (12th) 150,000,000 (cash)‡ (16th) 200,000,000 (cash)‡ (17th) 600,000,000 (cash)‡ (19th) 9,000,000,000 (cash) (22nd)2,000,000,000 (cash)‡ (24th), 5,601,509 (2nd) 100,000,000 (20th) 129,140,850,245 (OMIR for 2nd); , —Martin Rupiya, professor of war and security studies, University of Zimbabwe. 41,974,524,821,395,400 (13th pm) 4,276,736,111.11 (16th); 18,888 (15th) 9,801,839,921.51 (25th); 75–100,000 (13th); 35,000 (15th), 28,000 (10th); 525,086,664,547 (OMIR for 28th); 100,000,000 (26th), 30,000 (to 4 May); 486,485,294.12 (28 May); No funds can be transferred between banks, effectively aborting the parallel rates. 19,489,294,117.65 (11th); 509,148,077,013 (29th am) 460 †;  The move led to a sharp drop in the usage of the Zimbabwean dollar, as hyperinflation rendered even the highest denominations worthless. 600,000,000,000 (21st); , 18.84 (19th) The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of 4 official currencies of Zimbabwe from 1980 to 12 April 2009. 5,817,192,485.76 (18th); 8.11 (4th) 11,608 (9th) The second dollar started off with an official rate of 250 and a parallel rate of 550 to the US$. 5,787,585.19 (OMIR for 25th) 15,183,703,996.98 (4th);  ISO originally assigned a new currency code of ZWN to this redenominated currency, but the Reserve Bank of Zimbabwe could not deal with a currency change, so the currency code remained 'ZWD'. Traders in Zimbabwe have resorted to repairing old US dollar notes for desperate customers. The official exchange rate was allowed to float 6 May, 1 August: The Reserve Bank revalued the dollar again: 10, The Reserve Bank lifted the suspension on the Real Time Gross Settlement System (RTGS) on 13 November, This page was last edited on 1 January 2021, at 17:29. 183,025,618,461,867,000 (14th pm) 7,000 (27th), 7,500 (1st) 4,651.33 (10th) Zimbabwe’s economy has been in free-fall as a shortage of foreign currency led to scarcity of fuel and wheat. 24 January – RBZ caps daily variance of official exchange rate based on volume traded. See also:["Zimbabwe's re-valued currency after one month"] includes a daily list of the ZWD parallel exchange rates in August 2008. During this time, it was subject to periods of above-average inflation, followed by a period of hyperinflation.. 26,000 (29th), 30,000 (1st); 176.33 (8th) 246,433,371.43 (15 May); 118,066,516,958,323 (4th am) Mangudya told journalists in the capital on Tuesday that the as-of-yet-unnamed currency will have denominations of coins and notes with a maximum value of five Zimbabwe … 67.52 (11th) 25,384 (11th) 868.71 (27th) 25,593.66 (18th) 78,479,941,887 (OMIR for 24th); 190 ‡; 64.12 † (14th) 15,000 (7th); 405,870,411.18 (23 May); 10,706,802 (14th) 3,000,000 (8th); , The following year, on 2 February 2007, the RBZ revealed that a new (third) dollar would be released. 109.48 (24th) 109,689,985,935 (OMIR for 3rd); Throughout the late 90's and the 2000's, inflation began to spin out of control in Zimbabwe, causing the country to issue larger and larger bank notes, culminating the trillion dollar notes minted in 2008. Over time, hyperinflation in Zimbabwe reduced the Zimbabwe dollar to one of the lowest valued currency units in the world. 95.42 (27th), 99.67 (2nd); 103.29 (3rd) 750,000,000,000 (23rd);  1,400 †;  On 6 September 2007, the Zimbabwe dollar was devalued again by 92%, creating an official exchange rate of ZW$30,000 to US$1, although the black market exchange rate was estimated to be ZW$600,000 to US$1. PLEASE SEE OUR TERMS OF SALE FOR FULL DISCLAIMER. 510,000,000,000 (31st): , 142,024,433,315 (OMIR for 1st); 58.10 (9th) 34,912.83 (20th) 205,000 (20th); After the Zimbabwean dollar was suspended indefinitely from 12 April 2009, euro, United States dollar, "U.S. won't punish Giesecke+Devrient over Zimbabwe aid,", Learn how and when to remove this template message, "Current currency & funds code list (Table A.1)", "New Hyperinflation Index (HHIZ) Puts Zimbabwe Inflation at 89.7 sextillion percent", "On the Measurement of Zimbabwe's Hyperinflation", "Zimbabwe ditches its all but worthless currency", "Demonetisation: DPC settles closed banks Zim dollar accounts", "Zimbabwe to make Chinese yuan legal currency after Beijing cancels debts", "RBZ seeks international recognition for Zimdollar", "As Inflation Soars, Zimbabwe Economy Plunges", "S&P's Sub-$10 Club, Lexmark's Buy, Zimbabwe's Dollar: Timshel", "Devaluation is 'too little, too late' to save Zimbabwe", "Zimbabwe devalues currency; 10B becomes 1 dollar", "Mugabe says might declare state of emergency over prices", "Final humiliation for Zimbabwe dollar as foreign currency legalised", "Zimbabwe shops stop accepting local currency", "Zimbabweans Turn to U.S. Dollar as Hyperinflation Erodes Value of Local Currency", "Zimbabwe removes 12 zeros from currency", "Zimbabwe removes 13 zeroes from currency", "Banks redeem treasury bills woo depositors", "Revised budget dashes infrastructure repair hopes", "Zimbabwe dollar shelved 'for at least a year, "Inflation hits a record high in Zimbabwe", "Harare suspends release of inflation data", "Inflation hits one million percent as prices continue to skyrocket", "Zimbabwe annual inflation over 100,000 per cent", "Zimbabwe: Gono ordered to print Z$1 Trillion for Civil servants and Army", "Mugabe says will print more money if there isn't enough", "RBZ provides $3 trillion for vote buying", "Giesecke & Devrient halts deliveries to the Reserve Bank of Zimbabwe", "Giesecke+Devrient Halts Deliveries to the Reserve Bank of Zimbabwe,", "Press Statement: Demonetisation of the Zimbabwe Dollar", "That'll be 175 quadrillion Zimbabwean dollars, please", "175 Quadrillion Zimbabwean Dollars Are Now Worth $5", "Banks pay out $7m in Zim dollar compensation", "Daily Interbank Exchange Rates Z$ per US$", "Wave of price hikes dampen hopes for recovery", "Zimdollar takes heavy knock on black market", "Foreign currency parallel market rates shoot up", "Devaluation Talk Pushes Zimbabwe Dollar Down To Z$4,200 To USD", "Analysis: Mugabe pressure rises as Zimbabwe economic woes spread", "Zimbabwe central bank to devalue dollar", "Little cheer from new Z$50 000 banknote in Zim", "Mugabe under threat from within his collapsing state", "Inflation forces citizens into mafia economy", "Inflation to hit 5,000 percent mark this year: IMF", "Opposition in Zimbabwe Mounts, Says U.S. 125.75 (29th) 40,000 (22nd); 236,706,849.48 (14 May); 663,325,716,143,026 (7th pm) Exporters will be required to exchange money at the central bank to receive the better rate. 143.42 (16th); 150.52 (17th) For serious collectors, the catalog number of these 100 Trillion Notes is P91.There has never been a currency note with a higher denomination than this 100 Trillion Dollar … If you've wondered what a Zimbabwe One Hundred Trillion Dollar Banknote looks like, you have come to the right place. 39,129,724,504.88 (23rd); 495,932,559,520 (OMIR for 23rd); 969,647,058.82 (5th); 19,788 (12th) 29.91 (27th) 140,251 †; 1,680,757,577,947,650 (10th am) 20,000 †; 290.92 (21st) 619.52 (30th), 790,510 ‡; 1,000,000 (1st) 1,748,530.00 (23rd) 266.64 (17th); 271.04 (20th) By 23 May 2008, Bloomberg and Oanda began publishing floating rates based on Zimbabwe's formally regulated domestic bank market, while Yahoo Finance started using the updated official rate in July, albeit with a decimal point shift of 6 places. 44,182.50 (24th) Old Mutual has not traded since 20 November, so no meaningful OMIR figures are available. 3,949 (2nd) 77.69 (15th) † Due to the December 2007 banknote shortage, funds transferred via Electronic Funds Transfer Systems (EFTS) bore a premium rate of about $4 million, while the cash transaction rate varied around $2 million.‡ Exchange rate was 20,000,000 for large amounts. 70,197.01 (28th), 100,000 (cash) (5th) 9.92 (6th) 26,867,910,902 (23rd) 224,832,332.83 (13 May); 25,000 (11th); 13,000,000,000,000 (23rd) 139,534,966,792 (OMIR for 10th); 190,429,449.18 (7 May); 85,000,000 (24th); 5,000 (12th); There would also be South African rand coins of 10 cents, 20 cents, 50 cents, 1 rand, 2 rands, and 5 rands. 1,105,887,222.22 (6th); 1,000,000 (19th), 1,200,000 (1st); There has been much confusion and grey area into what is a "novelty" in terms of Zimbabwe currency. 288,072,000,000 (16th); , 971,500,000 (1st); 309.31 (30th), 315.23 (4th); 319.13 (5th) 64.19 (7th) For over 10 years we've been working exclusively with our licensed partners in Harara, Zimbabwe to provide you with the certified authentic bankotes of all denominations. The Reserve Bank of Zimbabwe announced plans for new Z$5,000 and Z$10,000 coins in June 2005, although these were never actually struck. 88.70 (17th) This infobox shows the latest status before this currency was rendered obsolete. 8,399.31 (12th) 4,605,736,200 (10th); Bond notes are a parallel currency that Zimbabwe's government, led by veteran president Robert Mugabe, has introduced to deal with a cash shortage and boost exports. The main illustration on the obverse of all of the banknotes was the Chiremba Balancing Rocks in Epworth, Harare, which were used as a metaphor demonstrating the importance of balancing development and the preservation of the fragile environment. Then a cross rate calculation is done for the USD rate. The initial ISO 4217 code was ZWD. The cash rate differs significantly to the above rates. 30,000 (12th) 8.94 (5th) Please update this article to reflect recent events or newly available information. 650,000 (cash) ‡ (14th) REUTERS/Philimon Bulawayo. 3,178,696,865 (22nd) 1,221,500,000 (4th); 10,000 (8th); 5,090,337,736 (11th); 404,332,849,598 (OMIR for 18th); Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya. In its 2014 mid-term monetary policy statement, the Reserve Bank of Zimbabwe (RBZ) said it would import special coins, known as Zimbabwean bond coins, to ease a shortage of change in the economy. , On 13 July 2007, the Zimbabwean government said that it had temporarily stopped publishing (official) inflation figures, a move that observers said was meant to draw attention away from "runaway inflation which has come to symbolise the country's unprecedented economic meltdown". 161.24 (19th)  The revaluation campaign, which Gideon Gono named "Operation Sunrise", was completed on 21 August 2006. The much-awaited local currency, in denominations of $2 notes and coins, and a $5 note, hit most of the country’s commercial banks, with the public expected to start accessing the notes Tuesday. The Zimbabwean dollar was introduced in 1980 to directly replace the Rhodesian dollar (which had been introduced in 1970) at par (1:1), at a similar value to the US dollar. , 22.00 (3rd); 24.51 (4th) 20,000 (cash) (20th) 40.96 †; 66 ‡ (5th) 360.64 (21st); 363.14 (22nd), For the currency currently used in Zimbabwe commonly known as the "Zimbabwean dollar", see, $500 note of the fourth Zimbabwean dollar. 100 Trillion Zimbabwe Dollar Banknote AA 2008, 50 Trillion Zimbabwe Dollars Banknote AA 2008, 10 Trillion Zimbabwe Dollar Banknote AA 2008, 20 Trillion Zimbabwe Dollars Banknote AA 2008, 50 Billion Zimbabwe Dollars Banknote AA 2008, 500 Million Zimbabwe Dollars Banknote AA 2008. 303,753,731.48 (20 May); 1,746,899,809 (OMIR for 3rd); 145.62 (2nd) 210,389,632.00 (9 May); It was reported that on 1 July 2008 company's Management Board decided to cease delivering banknote paper to the Reserve Bank of Zimbabwe with immediate effect. 80,754 ‡ (23rd) 132.25 (30th), 2,000 †; 2,498 ‡ (1st); The ZWD is able to fluctuate (from its average rate) in a daily band of: 0% (under US$5 million); 1% (US$5 to 10 million); 1.5% (US$10 to 15 million); or 2% (exceeds US$15 million). (Parallel rate soars to over 600 revalued dollars per 1 US dollar). 916,918,295,246 (29th pm) , 647,863,191.18 (2nd);  This move was meant to stabilise the economy and establish a credible nominal anchor under low inflation conditions. 992.02 (25th) The answer is the Old Mutual Implied Rate for the Pound. The low value of the national currency indicates that the economy of Zimbabwe currently is in front of a big crisis. 34,910,587,875 (OMIR for 23rd); 22,410,101,039,302,100 (10th pm) 41.79 † (11th) 168.84 (18th) 1,151,656.00 (18th)  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 ZWR. 202,409,619,045 (OMIR for 7th); Picture: Tsvangirayi Mukwazhi/AP Zimbabwe to introduce a new currency in November 131,237 (23rd) 4,000 (cash) (3rd) 488,452,876,313 (OMIR for 24th); 209.62 (30th); 213.07 (31st), 221.29 (1st); 225.83 (2nd) 45.53 (4th) 198.93 (13th)  In 2008, the inflation rate accelerated dramatically, from a rate in January of over 100,000% to an estimated rate of over 1,000,000% by May, and nearly 250,000,000% in July. 230.68 (3rd); 238.94 (6th) The exercise brought closure to the outstanding issue on the Zimbabwe dollar, further confirming the government's position that the local unit will not return anytime soon. 17.49 (18th) 17,743,015,150 (19th); During the same month, the Reserve Bank of Zimbabwe declared inflation illegal, outlawing any raise in prices on certain commodities between 1 March and 30 June 2007. 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