today's deal is a rainbow dressbloom for 1000 zimbabwe dollars

Originally Posted by smr

today's deal is a rainbow dressbloom for 1000 zimbabwe dollars

Oh, it's a lot more than 1000 ZWL. Zimbabwe stopped using ZWL years ago and when the banks finally converted all balances to USD two years ago it had gotten to 35,000,000,000,000,000 (quadrillion) ZWL = 1 USD. The notorious 100,000,000,000,000 (trillion) notes that went for 0.4 USD eight years ago are now sold to collectors for $100, making a de facto exchange rate of 1,000,000,000,000 (trillion) ZWL = 1 USD.

I imagine most people don't care, but I found the story fascinating years ago.

edit: changed ZWD to ZWL as I'd forgotten about the iterations of Zimbabwe's currency (the original was the ZWD, then it was changed three more times as the value kept plummeting, in the end the 100 trillion ZWL was equivalent to 10,000,000,000,000,000,000,000,000,000 (octillion!) ZWD)

Originally Posted by Taon

Oh, it's a lot more than 1000 ZWL. Zimbabwe stopped using ZWL years ago and when the banks finally converted all balances to USD two years ago it had gotten to 35,000,000,000,000,000 (quadrillion) ZWL = 1 USD. The notorious 100,000,000,000,000 (trillion) notes that went for 0.4 USD eight years ago are now sold to collectors for $100, making a de facto exchange rate of 1,000,000,000,000 (trillion) ZWL = 1 USD.

I imagine most people don't care, but I found the story fascinating years ago.

edit: changed ZWD to ZWL as I'd forgotten about the iterations of Zimbabwe's currency (the original was the ZWD, then it was changed three more times as the value kept plummeting, in the end the 100 trillion ZWL was equivalent to 10,000,000,000,000,000,000,000,000,000 (octillion!) ZWD)

No, thats actually interesting. Thanks for the info. I remember a friend of mine brought one of those to class when I was still in high school (ages ago by now), and I was like "What the .... is that a One milion bill right there ?! "