Monday, December 22, 2008

How much?!

(posted by Leon)

I was recently given this Zimbabwean Dollar note. 50 billion! It's simply crazy, isn't it? It took a bit of digging before I could figure out how much it was worth. That's because on the 1st of April this year, Zimbabwe 'dropped' 3 zeros off their currency, so overnight a Z$5000 became a Z$5. And then in August they did the same, this time dropping a whopping TEN zeros off, so this note above is actually now a Z$5 note. Which is worth 0.008 UK pennies - yes, eight one thousands of one penny.

Old Bob Mugabe must be proud of himself, eh? :-)


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