to CCF. Yes they have a premium. Check 
Posted 09/14/2015 06:33 am
Those are still legal tender currency. If you have enough of them you can trade them for US Dollars.
Zimbabwe offers new exchange rate: $1 for 35,000,000,000,000,000 old dollars
Central bank discards local currency after years of hyperinflation which at one point reached 500,000,000,000%
http://www.theguardian.com/world/20...-old-dollars
The only thing that stopped them from printing more Z dollars was when they realized they could get more money for selling the blank paper and raw inks than the printed currency, no matter how pretty the pictures.
Zimbabwe offers new exchange rate: $1 for 35,000,000,000,000,000 old dollars
Central bank discards local currency after years of hyperinflation which at one point reached 500,000,000,000%
http://www.theguardian.com/world/20...-old-dollars
Quote:
Zimbabweans will start exchanging "quadrillions" of local dollars for a few US dollars next week as President Robert Mugabe's government discards its virtually worthless national currency.
The southern African country started using foreign currencies including the US dollar and South African rand in 2009 after the Zimbabwean dollar was ruined by hyperinflation, which hit 500 billion per cent in 2008.
At the height of the country's economic crisis, Zimbabweans had to carry plastic bags bulging with banknotes to buy basic goods. Prices were rising at least twice a day.
Zimbabweans will start exchanging "quadrillions" of local dollars for a few US dollars next week as President Robert Mugabe's government discards its virtually worthless national currency.
The southern African country started using foreign currencies including the US dollar and South African rand in 2009 after the Zimbabwean dollar was ruined by hyperinflation, which hit 500 billion per cent in 2008.
At the height of the country's economic crisis, Zimbabweans had to carry plastic bags bulging with banknotes to buy basic goods. Prices were rising at least twice a day.
Quote:
Zimbabweans have until September to turn in their old banknotes, which some people sell as souvenirs to tourists.
Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars will be paid $5. Those with balances above 175 quadrillion dollars will be paid at an exchange rate of $1 for 35 quadrillion Zimbabwean dollars.
The highest - and last - banknote to be printed by the bank in 2008 was 100tn Zimbabwean dollars. It was not enough to ride a public bus to work for a week.
Zimbabweans have until September to turn in their old banknotes, which some people sell as souvenirs to tourists.
Bank accounts with balances of up to 175 quadrillion Zimbabwean dollars will be paid $5. Those with balances above 175 quadrillion dollars will be paid at an exchange rate of $1 for 35 quadrillion Zimbabwean dollars.
The highest - and last - banknote to be printed by the bank in 2008 was 100tn Zimbabwean dollars. It was not enough to ride a public bus to work for a week.
The only thing that stopped them from printing more Z dollars was when they realized they could get more money for selling the blank paper and raw inks than the printed currency, no matter how pretty the pictures.
Edited by BuckeyeCoinGuy
09/14/2015 06:36 am
09/14/2015 06:36 am
