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Friday, April 25, 2008

Coldtusker becomes a TRILLIONAIRE...

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


mwasjd said...

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%.

coldtusker said...

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!