On June 15 the Reserve Bank of Zimbabwe took the last step in the process of ditching its currency. Zimbabwe dollars will be decommissioned at a rate of 35 quadrillion per US dollar.
Any remaining Zimbabwe dollars in circulation after September 30 2015 will be officially, as opposed to practically, worthless.
Withdrawing all Zimbabwe dollar banknotes from circulation officially brings an end to the era of people carrying cash around in large bags and even wheelbarrows to do their everyday shopping.
In 2009, the end of the decade long recession saw the government adopt the US dollar as its main currency. Since then people have effectively used US dollars or South African rand in everyday life, while an increasingly small number of Zimbabwe dollars (with virtually no value) remained in circulation.
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i dont want a name when the currency gets that stupid they need to leave back blank let u draw a chicken or hot dog on back or let govt stamp new reduce # upon a reset . doubt if they know what trillion meant anyway in Zim old notes.
35 QUADRILLION = $1.00 !!!! HOLY COW !!!
....I can just imagine this conversation occurring:
Student: "In what contexts is the word quadrillion typically used?"
Teacher: "When calculating macroscopic distances/quantities/phenomena in physics...and the number Zimbabwe dollars needed for a bottle of water."
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