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
from 50 to 220 in 15 days. That inflation rate is just crazy. How does someone go shopping?
ReplyDeleteI 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.
ReplyDeleteNo-one keeps cash on them. Any cash you have overnight is worth (substantially) less the next day!