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01-18-2009, 08:26 AM
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#1 | | The RS Anchorman
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| 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 | 
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01-18-2009, 09:26 AM
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#2 | | RS.net, helping ugly ppl have sex since 2001
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and how much is that in canadian?
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01-18-2009, 09:27 AM
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#3 | | I answer every Emotion with an emoticon
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Originally Posted by shenmecar  and how much is that in canadian? | Less than the value of the paper it's printed on.
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01-18-2009, 09:33 AM
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#4 | | RS.net, helping ugly ppl have sex since 2001
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i just checked wikipedia. http://en.wikipedia.org/wiki/Zimbabwean_dollar
100billion buys 3 eggs. wow.
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01-18-2009, 10:26 AM
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#5 | | Say! Say! Say!
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I feel bad for the Zim's.
__________________ Quote: | Owner of Vansterdam's 420th thanks. OH YEAUHHH. | Quote:
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01-18-2009, 10:31 AM
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#6 | | Need to Seek Professional Help
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LOL...
Nov 12 2008, USD$1.00 = Z$13 Quadrillion 
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01-18-2009, 10:35 AM
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#7 | | RS controls my life!
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wow, talk about mass inflation
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01-18-2009, 11:29 AM
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#8 | | Banned (ABWS)
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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.
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01-18-2009, 11:29 AM
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#9 | | Rs has made me the man i am today!
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I think the Zim dollar was 1:1 with the British pound in the 80s
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01-18-2009, 11:34 AM
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#10 | | Captain Happy Bubble is my Homeboy
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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
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01-18-2009, 11:56 AM
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#11 | | RS.net, where our google ads make absolutely no sense!
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sad, they already slashed like 10 zeroes from their bills in august.
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01-18-2009, 01:25 PM
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#12 | | .
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sounds like something from austin powers
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01-18-2009, 01:32 PM
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#13 | | Captain Happy Bubble is my Homeboy
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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?!
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01-18-2009, 04:28 PM
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#14 | | I Will not Admit my Addiction to RS
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Originally Posted by wahyinghung | DAMN
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01-18-2009, 04:35 PM
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#15 | | Banned (ABWS)
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at least they feel richer
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01-18-2009, 05:21 PM
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#16 | | Rs has made me the man i am today!
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they'll also feel more ripped off
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01-18-2009, 05:47 PM
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#17 | | Even when im right, revscene.net is still right!
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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.
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01-18-2009, 09:14 PM
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#18 | | I WANT MY 10 YEARS BACK FROM RS.net!
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01-18-2009, 09:28 PM
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#19 | | ESKETIT
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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
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01-18-2009, 09:42 PM
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#20 | | Need my Daily Fix of RS
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Originally Posted by Vansterdam 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
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01-18-2009, 11:57 PM
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#21 | | The RS Freebie guru
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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"... Quote:
Originally Posted by wahyinghung Last week the country's central bank began circulating Z$10, Z$20 and Z$50 billion notes - but they are no longer sufficient. | Damn, I don't feel rich anymore...   | |
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01-19-2009, 12:28 AM
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#22 | | Proud to be called a RS Regular!
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Lol.. I want a 100 billion dollar bill!!!
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01-19-2009, 12:42 AM
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#23 | | Diagonally parked in a parallel universe
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you can probably go and exchange for one at the currency exchange places
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01-19-2009, 12:51 AM
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#24 | | NOOB, Not Quite a Regular!
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Originally Posted by antonito from the shangri la hotel website, it says approx $400 US per night for one room.
If $1US = 13 Quadrillion Zim (at one point it did, can't tell if it still does)
About 5 quintillion dollars | Haha I had to google to see how many zero's a "quintillion" had. It has 18 if anyone else is curious  .
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01-19-2009, 06:53 AM
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#25 | | I don't like cheese but I love milk!
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why are the people still using the z$ 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?)
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