Definitions for zimbabwean dollar
zim·bab·wean dol·lar

Princeton's WordNetRate this definition:0.0 / 0 votes

1. Zimbabwean dollarnoun

   the basic unit of money in Zimbabwe

WikipediaRate this definition:0.0 / 0 votes

1. Zimbabwean dollar

   The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) was the name of four official currencies of Zimbabwe from 1980 to 12 April 2009. During this time, it was subject to periods of extreme inflation, followed by a period of hyperinflation.The Zimbabwean dollar was introduced in 1980 to directly replace the Rhodesian dollar (which had been introduced in 1970) at par (1:1), at a similar value to the US dollar. In the 20th century the dollar functioned as a normal currency, but in the early 21st century hyperinflation in Zimbabwe reduced the Zimbabwean dollar to one of the lowest valued currency units in the world. It was redenominated three times (in 2006, 2008 and 2009), with denominations up to a $100 trillion banknote issued. The final redenomination produced the "fourth dollar" (ZWL), which was worth 1025 ZWD (first dollars). Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. It was demonetised in 2015, with outstanding accounts able to be reimbursed until 30 April 2016. In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, Pound sterling, Indian rupee, Euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple-currency system and replaced it with a new Zimbabwe dollar (the RTGS Dollar), which was the only official currency in the country between June 2019 and March 2020, after which multiple foreign currencies were allowed again.

ChatGPTRate this definition:0.0 / 0 votes

1. zimbabwean dollar

   The Zimbabwean Dollar is the official currency of Zimbabwe. It has undergone several changes in recent years due to hyperinflation, and it has been suspended or reintroduced several times. At different periods in its history, the Zimbabwean Dollar has been recognized in denominations of ZWD, ZWR, ZWL, among others. As of June 24, 2019, the Reserve Bank of Zimbabwe reinstated the Zimbabwean dollar, thereby abandoning the multiple currency system that had been in place.

WikidataRate this definition:0.0 / 0 votes

1. Zimbabwean dollar

   The Zimbabwean dollar was the official currency of Zimbabwe from 1980 to 12 April 2009. Although the dollar was considered to be among the highest-valued currency units when it was introduced in 1980 to replace the Rhodesian dollar at par, political turmoil and hyperinflation rapidly eroded the value of the Zimbabwe dollar to become one of the least valued currency units in the world, undergoing three redenominations, with high face value paper denominations including a $100 trillion banknote. The third redenomination produced the "fourth dollar", which was worth 1 trillion ZWR, or 1025 ZWD. Despite attempts to control inflation by legislation, and three redenominations, use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. This was a result of the Reserve Bank of Zimbabwe legalising use of foreign currencies for transactions in January 2009. Currencies such as the South African rand, Botswana pula, pound sterling, euro, and the United States dollar are now used for all transactions in Zimbabwe; the policy of the government of Zimbabwe has insisted that any attempts to reintroduce Zimbabwean currency should be considered only if industrial output improves.

Matched Categories

1. • Dollar

How to pronounce zimbabwean dollar?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say zimbabwean dollar in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of zimbabwean dollar in Chaldean Numerology is: 9

2. Pythagorean Numerology

   The numerical value of zimbabwean dollar in Pythagorean Numerology is: 5

Examples of zimbabwean dollar in a Sentence

1. Governor John Mangudya:

   The decommissioning of the Zimbabwean dollar has therefore been pending and long outstanding since 2009, we cannot have two legal currency systems. We need therefore to safeguard the integrity of the multiple-currency system or dollarization in Zimbabwe.

References

1. ^ Princeton's WordNet
   http://wordnetweb.princeton.edu/perl/webwn?s=zimbabwean dollar
2. ^ Wikipedia
   https://en.wikipedia.org/wiki/Zimbabwean_Dollar
3. ^ ChatGPT
   https://chat.openai.com
4. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=zimbabwean dollar