Banknote Reporter

Zimbabwe Currency Zigs, Then Zags

Zimbabwe’s currency has been through a lot. In 1980 the Zimbabwe dollar replaced the Rhodesian dollar on par. Beginning in August 1991 the value of this Zimbabwe dollar began to erode dramatically.

In August 2006 the dollar was redenominated at an exchange rate of 1,000 to one in what the Reserve Bank of Zimbabwe called Operation Sunrise. In July 2008 the dollar was once

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