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Zimbabwe. On March 18, 2009, Tendai Beati, Zimbabwe's new finance minister, officially announced that the "death" of Zimbabwe's currency, the Zimbabwe dollar, had become a reality. Since last June 10, the Zimbabwe dollar has been dying and no longer in circulation.

From June, 2065438 15 to September, 30, 2065438 +05, 175 trillion Zimbabwean dollars can be exchanged for 5 US dollars, and at least 5 US dollars can be obtained for each Jin yuan account. In addition, for gold coins issued before 2009, 250 trillion gold coins can be exchanged for 1 USD. Zimbabwe's currency, the Zimbabwe dollar, will stop circulating in September, and Zimbabwe will implement various monetary policies.

Extended data

Zimbabwe has experienced severe hyperinflation, but since the US dollar and South African rand were used to replace its national currency in 2009, inflation has gradually stabilized.

However, since the second half of 20 18, there has been a big gap between the official exchange rate of US dollar and bond currency and the black market exchange rate, which has led to a sharp rise in prices. 2065438+February 2009, Zimbabwe's central bank began to adjust the exchange rate between the US dollar and the bond currency through market means, and no longer locked the official exchange rate of the two at 1 to 1.

Baidu Encyclopedia-Zimbabwe Dollar

Baidu Encyclopedia-Zimbabwe