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GotTheBug
GotTheBug Posts: 1,725 ✭✭✭✭✭
edited August 22, 2019 12:58PM in U.S. & World Currency Forum

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  • beryl
    beryl Posts: 135 ✭✭✭
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    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 ...

  • JBK
    JBK Posts: 17,872 ✭✭✭✭✭
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    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.

  • GotTheBug
    GotTheBug Posts: 1,725 ✭✭✭✭✭
    edited August 22, 2019 12:58PM
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  • Africa2017
    Africa2017 Posts: 19 ✭
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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.

  • ZeppoShanski
    ZeppoShanski Posts: 58 ✭✭
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    I gave $5 for this.

  • ZeppoShanski
    ZeppoShanski Posts: 58 ✭✭
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    I got this one in trade for a cup of coffee.


  • Tookybandit
    Tookybandit Posts: 3,424 ✭✭✭✭
    edited May 26, 2019 7:05AM
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    This example recently sold for almost $400!!! The high grade got some folks really fighting hard for this one at auction.

  • GotTheBug
    GotTheBug Posts: 1,725 ✭✭✭✭✭
    edited August 22, 2019 12:59PM
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