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Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 - Business - Nairaland

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Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 by amNIGERIA: 3:25pm On Jun 13, 2015
The exchange rate is $1 to S35,000,000,000,000,000.

So it comes as no surprise that Zimbabwe is scrapping its local currency in favor of the U.S. dollar, reports the Telegraph.

Zimbabweans will be able to exchange their almost worthless local currency for the American dollar from Monday until the end of September.

The U.S. dollar has been used in the country since 2009, but now the local currency is being officially phased out.

People with accounts of up to 175 quadrillion — 175,000,000,000,000,000 — will be paid $5.

Those with more in the bank will get an exchange rate of $1 to 35 quadrillion.

Hyper-inflation has long ruined the Zimbabwe currency.

In 2008, the country printed its highest ever banknote, a 100 trillion dollars.

This was enough to buy a weekly bus ticket.

Re: Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 by Nobody: 3:28pm On Jun 13, 2015
na im be say with 100k I be dangote for dia?
oya, *bring down my box n start folding ma shirts n packing my stuffs* @Op abeg how do I process my Zimbabwe visa mbok
Re: Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 by Caseless: 3:34pm On Jun 13, 2015


$1=35,000,000,000,000,000

Yesu almasihu! shocked shocked shocked


Do they have 'tissue papers' as currency in that country?
Re: Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 by lgboks(m): 4:00pm On Jun 13, 2015
Wow.....i see a profitable business over there o....
Just cary small money go double 4 dia grin(of which d hussle will be long)

Na to make money here,,,,,den go holz there o cool
B4 we go europe cheesy
Re: Pics: Zimbabwe Currency exchange rate is $1 to S35,000,000,000,000,000 by lightheart(m): 4:02pm On Jun 13, 2015
shocked I'm sure even cowries were not that worthless!

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