I have Zimbabawean Dollar,of 50 million (Single note). now the current value is 78 lakhs in indian rupees, is there is any one who can convert this note to indian currency, please let me know. we want just 50 lakh , and will give 4 percent commission on that
ADV - Currency
by advik krishna , Friday, June 07, 2013, 05:32 AM (4001 days ago) @ Sky
pls mention u r e-mail id or contact number. and location
ADV - Currency
by Skyexims, Friday, June 07, 2013, 08:56 AM (4001 days ago) @ advik krishna
ADV - Currency
by SST, Friday, June 07, 2013, 03:01 PM (4001 days ago) @ Sky
78 lakhs???????//
Hoho, Haha, Hehe.
The Zimbabwean dollar (sign: $, or Z$ to distinguish it from other dollar-denominated currencies) 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 (1014).[2] The third redenomination produced the "fourth dollar" (ZWL), which was worth 1 trillion ZWR (third dollar), or 1025 ZWD (first dollar).
Despite attempts to control inflation by legislation, and three redenominations (in 2006, 2008 and 2009), use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. [3] This was a result of the Reserve Bank of Zimbabwe legalising use of foreign currencies for transactions in January 2009.[4]
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.[5]
The third dollar rates above are OMIR. The cash rate differs significantly to the above rates. The table below is the cash rate of the third dollar history:
Month ZWR per USD
Sept 2008 1 000
Oct 2008 90 000
Nov 2008 1 200 000
Mid Dec 2008 60 000 000
End Dec 2008 2 000 000 000
Mid Jan 2009 1 000 000 000 000
2 February 2009 300 000 000 000 000
You can calculate today's value yourself (One USD = 300 billion ZWD)