Zim's New 100 Trillion Dollar Note
 

Last week the country's central bank began circulating Z$10, Z$20 and Z$50 billion notes - but they are no longer sufficient.

A political deadlock between President Robert Mugabe and opposition leader Morgan Tsvangirai over power-sharing has done little to help Zimbabwe's failing economy.

The country is also in the grip of a cholera epidemic with food and petrol prices doubling every day.

Zimbabweans often have to line up for hours outside banks to withdraw barely enough cash to buy a loaf of bread.

An official estimate put inflation at 231,000,000% in July - but some experts now believe it is much higher.

In addition to the Z$100 trillion note, the Reserve Bank of Zimbabwe plans to launch Z$10 trillion, Z$20 trillion and Z$50 trillion notes, the Herald newspaper reported.
http://news.sky.com/skynews/Home/Wor...inues_To_Slide

and how much is that in canadian?

Less than the value of the paper it's printed on.

i just checked wikipedia.
http://en.wikipedia.org/wiki/Zimbabwean_dollar

100billion buys 3 eggs. wow.

I feel bad for the Zim's.

LOL...

Nov 12 2008, USD$1.00 = Z$13 Quadrillion :haha:

wow, talk about mass inflation

That bill looks so ugly with all those 0's on it, but lol, I would love to own one of those just to wave it around and say I have 50 Billion dollars.

I think the Zim dollar was 1:1 with the British pound in the 80s

1.00 CAD=11,160,318.72 ZWD
Canada Dollars Zimbabwe Dollars
1 CAD = 11,160,318.72 ZWD 1 ZWD = 0.0000000896032 CAD

as of jan 18, 2009 12:34pm

sad, they already slashed like 10 zeroes from their bills in august.

sounds like something from austin powers

thats 1 hell of a confusing currency to deal w/...
if i tell u i've got 1000000000000000000000000000000000000zim $
then u b like wtf how much is that?!

DAMN

at least they feel richer

they'll also feel more ripped off

They've gotta get Mugabe out of there! He's single handedly managed to screw up the entire country. I feel so sorry for the regular citizens over there.

Zimbabwe's First Lady charged for Hong Kong assault

http://www.newkerala.com/topstory-fullnews-76942.html
:lol

The wife of the Zimbabwean leader was being tailed by Jones and a colleague as she left the five-star Shangri-la hotel she was staying in to go shopping with a bodyguard and a woman friend.


LOL 5 star hotel eh, i wonder how much money one night is in zimbawe money

from the shangri la hotel website, it says approx $400 US per night for one room.

If $1US = 13 Quadrillion Zim (at one point it did, can't tell if it still does)

About 5 quintillion dollars

Son of a... I thought this was old news at first, because the first sentence in that story is wrong... it should say "trillion", not "billion"...

Damn, I don't feel rich anymore... :p

http://i37.tinypic.com/2ihmghy.jpg

Lol.. I want a 100 billion dollar bill!!!

you can probably go and exchange for one at the currency exchange places

Haha I had to google to see how many zero's a "quintillion" had. It has 18 if anyone else is curious :D.

why are the people still using the z$ money??
If you have a currency that is expected to lose 50% of its value EVERY DAY, would you still hold it?

I mean, I would much rather resort to the barter system of trade, or better yet, just trade in a different currency like USD. (I thought it is common for african/middle east countries to trade in USD?)