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ipsin - Why I don't accept the Zimbabwean Express Card
October 2nd, 2008
12:57 am

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Why I don't accept the Zimbabwean Express Card
http://en.wikipedia.org/wiki/Zimbabwean_dollar#Third_dollar

1 (third) ZWD = 10,000,000,000 (second) ZWD
1 (third) ZWD = 10,000,000,000,000 (first) ZWD

The first ZWD was discontinued July 2006. The second ZWD was discontinued in July 2008.

September 1st, 2008
1 USD buys 3,362.11 (third) ZWD

October 1st, 2008
1 USD buys 1,418,021.35 (third) ZWD, which would be equivalent to
14,180,213,500,000,000,000 (first) ZWD.

14 quintillion Zimbabwean dollars.

40,000% inflation in one month. I cannot imagine.

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