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Only a few month's left to get some Zimbabwean dollars
Posted on 6/13/15 at 11:11 am
Posted on 6/13/15 at 11:11 am
quote:
Zimbabweans will be able to exchange their almost worthless local currency for the American dollar from Monday until the end of September.
The U.S. dollar has been used in the country since 2009, but now the local currency is being officially phased out.
People with accounts of up to 175 quadrillion — 175,000,000,000,000,000 — will be paid $5.
LINK
Posted on 6/13/15 at 11:17 am to HurricaneDunc
So what I suppose to do with the email from the Zimbabwean lottery saying I had won 10 million. What that like 50cents? That not even worth responding to the email.
Posted on 6/13/15 at 11:17 am to HurricaneDunc
What's the total number of Z dollars in the market?
Posted on 6/13/15 at 11:23 am to HurricaneDunc
Was saving up my Zimbabwe dollars to send my child to good US college
Posted on 6/13/15 at 11:26 am to HurricaneDunc
What percentage of the country's real estate could I buy with 10 grand? I could probably get a solid chunk of land
Posted on 6/13/15 at 11:39 am to GRTiger
quote:
What's the total number of Z dollars in the market?
Not sure, but I assume it's been a long time since $1 bills existed there. The articles says:
quote:
In 2008, the country printed its highest ever banknote, a 100 trillion dollars.
Posted on 6/13/15 at 11:45 am to snake23
quote:
What percentage of the country's real estate could I buy with 10 grand? I could probably get a solid chunk of land
Are you white? They'd take it from you in a matter of months if you are.
Posted on 6/13/15 at 11:46 am to snake23
quote:
What percentage of the country's real estate could I buy with 10 grand? I could probably get a solid chunk of land
You can't own land there. Mugabe took all the white ranch owner's land and handed it over to people with no ranching background. That's why their currency is in the toilet.
Posted on 6/13/15 at 11:53 am to HurricaneDunc
One day you are wheelbarrowing concrete, the next day it's a commodity less valuable per pound.
Posted on 6/13/15 at 11:56 am to redstick13
quote:
You can't own land there. Mugabe took all the white ranch owner's land and handed it over to people with no ranching background. That's why their currency is in the toilet.
Did you watch the documentary on it? Fascinating (scary) stuff
Posted on 6/13/15 at 11:59 am to Porter Osborne Jr
quote:
Did you watch the documentary on it? Fascinating (scary) stuff
No I've worked in Africa off an on for over 10 years. I learned about it while here.
Posted on 6/13/15 at 12:01 pm to Porter Osborne Jr
The Chinese have moved in since the initial Zim land grab. It'll be interesting to see how their govt handles the Mugabe Regime when it ultimately turns on them.
Posted on 6/13/15 at 12:07 pm to redstick13
quote:
No I've worked in Africa off an on for over 10 years. I learned about it while here.
Well, I watched the documentary on it so I gotta say I know a little more than you about it.
That's some cool stuff on your end working there.
Posted on 6/13/15 at 12:25 pm to WeeWee
quote:
So what I suppose to do with the email from the Zimbabwean lottery saying I had won 10 million. What that like 50cents? That not even worth responding to the email.
more like .0005 cents
Posted on 6/13/15 at 1:08 pm to HurricaneDunc
Couple of years ago I bought a 10billionZ note to give to my gf for some ridiculous reason
Think I paid around $10....taken for a fool!
Think I paid around $10....taken for a fool!
Posted on 6/13/15 at 1:32 pm to engvol
So, still worth more than bitcoins???
Posted on 6/13/15 at 2:14 pm to HurricaneDunc
I think it would be kind of cool to have one of their freakishly high denomination notes to frame...anyone know where I could get one?
Posted on 6/13/15 at 2:15 pm to Spankum
Go see Victoria Falls. It's on the border with Zambia. You can probably pick some up there.
Posted on 6/13/15 at 2:18 pm to Spankum
quote:
I think it would be kind of cool to have one of their freakishly high denomination notes to frame...anyone know where I could get one?
I think the smallest ecuadorian sucre bill before they went to USD was $50,000. I still have a stack of those and some larger ones too.
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