726. Zimbabwe Hyperinflation-The World Bank stopped tracking inflation in Zimbabwe in November 2008, when it reached 79.6 billion percent. One year later, the country abandoned its currency. The exchange rate at the time was $35 quadrillion Zimbabwean dollars to $1 USD.
Sale from curator’s collection to aid fire-ravaged Sonoma County preserve
Among other curiosities and delights in "Catch and Release IV" - the fourth annual show and sale of pieces from curator Robert Johnson's far-ranging personal collection - is a Zimbabwean banknote for $100 trillion. A handsome bill with the three Chiremba Balancing Rocks on one side and a water buffalo on the other, the note was worth about $300 U.S. dollars when it was issued in 2008. By 2015, several years after the hyperinflation-battered Zimbabwean dollar was...
Of all the things you can buy, buying money might seem a little strange. If you buy this Zimbabwe currency, you can tell your friends you're a trillionaire, but you can't buy anything with it. Check out the trillion-dollar problem!
A 1 Billion Dollar Zimbabwe Bill. This Zimbabwe Hyperinflated Currency was the result of an economic collapse that was due to many things going wrong which influenced the lack of confidence in the currency. The government was printing money to support their own goals. The use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009, but it makes for a great collectible.
TIL that at the height of Zimbabwes hyperinflation of 2008-9 if they printed one Zimbabwe first dollar for every US dollar the US economy is worth there would be more bills than the stars in the known universe by an inconceivable margin.
Fifty trillion dollar bill. Zimbabwe or as it was known, Rhodesia was once the breadbasket of Africa, the best farmland for thousands of miles. But poor leadership who led. Click on the image for more information. #money #bill #dollars #zimbabwe #photography #facts #knowledge
Zimbabwe currency bows out at 35 quadzillion to the dollar
For many observers, the Zimbabwean dollar has staggered from disaster to disaster, with millions of dollars required for even the smallest of transactions and hyper-inflation reaching 500 billion % in 2008. At the height of Zimbabwe’s economic crisis, residents had to carry plastic bags bulging with bank notes to buy basic goods, with prices rising at least twice a day.The highest and last bank note to be printed by the Reserve Bank of Zimbabwe in 2008 was 100 trillion Zimbabwean dollars.