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GotTheBugGotTheBug Posts: 1,629 ✭✭✭✭✭
edited August 22, 2019 11:58AM in U.S. & World Currency Forum

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Comments

  • berylberyl Posts: 131 ✭✭✭

    In 1980 when it was introduced one Zimbabwe dollar was equal approximately to one USD so your note at one time was worth about $2.
    In 2005 The Zimbabwean government stated that it would ... exchange Zimbabwean dollars for US dollars at a rate of 1 USD to 35 quadrillion Zimbabwean dollars to accounts with balances above 175 quadrillion Zimbabwean dollars - so essentially all your money was made worthless ...

  • JBKJBK Posts: 15,579 ✭✭✭✭✭

    The big surprise for me is that those 100 trillion $ bills that used to sell to collectors for 2 or 3 dollars now sell for closer to $100.

    The sort of hyperinflation that Zimbabwe had also hit Germany in the early 1920s and Hungary after WWII. It is also occurring in Venezuela right now.

  • GotTheBugGotTheBug Posts: 1,629 ✭✭✭✭✭
    edited August 22, 2019 11:58AM

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  • I just got back from a trip to Zimbabwe (and Botswana) and the locals were selling a bundle of Zimbabwe currency for $10 USD starting price. I ended up buying 2 bundles for $5 USD. My 6 note bundle included a $50,000,000,000 $5,000,000,000 $50,000,000 $1,000,000 $50,000 and a $1,000 note.


  • I gave $5 for this.

  • I got this one in trade for a cup of coffee.


  • TookybanditTookybandit Posts: 3,412 ✭✭✭✭
    edited May 26, 2019 6:05AM

    This example recently sold for almost $400!!! The high grade got some folks really fighting hard for this one at auction.

  • GotTheBugGotTheBug Posts: 1,629 ✭✭✭✭✭
    edited August 22, 2019 11:59AM

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