On 10 April 2008, the Z$ was at Z$50mn:US$1
On 25 April 2008, the Z$ is at Z$220mn:US$1
Coldtusker is probably a Trillionaire.
I tip in the 100s of millions. I carry at least 1bn in loose notes & change.
(OK, put in perspective for those boggled by all the zeros... Z$1 trillion = Z$1,000,000,000,000 so it equates to approx US$4,500)
Link to the OMIR rate
Blog Archive
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2008
(170)
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April
(42)
- Disinvestment in Kenya
- Kenya needs to emulate India's dynamism...
- Why is Kenyan labour costly vs Chinese labour?
- GoK spends & naps while Kenyans suffer...
- A Tale of two(2) SafCon Prospectuses
- Zimbabwean Follies... Worth a laugh!
- Is Africa politically regressing?
- KAA needs to be privatized
- More stockbrokers to bite the dust?
- Coldtusker becomes a TRILLIONAIRE...
- Banks on a roll...
- Back to Basics - Economics, Finance and Wealth Cre...
- Ah, the Kenya we know...
- Zim$ at 123,000,000 per US$
- Zim$ drops faster than a rock!
- KQ's fortunes looking up...
- Safaricom IPO(OFS) gets murky.
- Suicide Jumper
- Kenya - Corruption back on track...
- Zimbabwe Billionaire...
- Bloggers pissed off at bloated cabinet...
- Is Mungiki related to PNU?
- List of Cabinet Ministers + my grades!
- 42 Ministers + prez + pm + 2 deputy pms = too many...
- Again - Apple TV is not GTV
- Kenyans sing the Indian National Anthem
- Coldtusker declared a Billionaire
- Tanzanians screwed by Bank of Tanzania!
- sam ' I can't count' kivuitu at it. Again.
- CMA wants to kill of Venture Capital Funds
- The "not so good" happenings in Kenya...
- Lower those brokerage fees!
- India Grows Up...
- bob ' the murderer' mugabe tries populism again...
- KPLC - Change the law!
- Kenya's economy suffers major hit
- Kenyan politicians killing the Golden Goose...
- New Cabinet Lineup...
- Kenya's New Cabinet is neither Lean nor Clean...
- Another pathetic article from Business Daily
- (Politically) Is Zimbabwe another Kenya?
- Kenyan gov't is senile...
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April
(42)
2 comments:
from 50 to 220 in 15 days. That inflation rate is just crazy. How does someone go shopping?
I heard on citizen biz news (interview with a stock broker) that Kenya's inflation rate is 2nd highest in africa at 24%.
24% must be an hourly inflation for Zimbabwe.
No-one keeps cash on them. Any cash you have overnight is worth (substantially) less the next day!
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