Hyperinflation of the Zimbabwe dollar turning phasing out their local money in 2015

Hyperinflation of the Zimbabwe dollar made it one of the lowest valued currencies in the world. So the country abandoned it in 2009, and switched to using foreign money. In 2015, to complete the process of phasing out their local money, the government offered to exchange it at a rate of one US dollar for 35 quadrillion Zimbabwean dollars. […]

Read More… from Hyperinflation of the Zimbabwe dollar turning phasing out their local money in 2015