The Zimbabwean dollar was the official currency of Zimbabwe between 1980 and 12 April 2009. The Zimbabwean dollar was subdivided into 100 cents. It was normally abbreviated with the dollar sign $, or alternatively Z$ to distinguish it from other dollar-denominated currencies. It was also one of the lowest-valued currencies in the world due to massive inflation and three redenominations. It was suspended indefinitely on 12 April 2009. Today, other...
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The Zimbabwean dollar was the official currency of Zimbabwe between 1980 and 12 April 2009. The Zimbabwean dollar was subdivided into 100 cents. It was normally abbreviated with the dollar sign $, or alternatively Z$ to distinguish it from other dollar-denominated currencies. It was also one of the lowest-valued currencies in the world due to massive inflation and three redenominations. It was suspended indefinitely on 12 April 2009. Today, other currencies are exclusively used for transactions in Zimbabwe instead.
The Zimbabwean dollar and its predecessor, the Rhodesian dollar, were not true dollars as they were not a direct descendant from the Spanish pieces of eight, as is the case with the US dollar, the Canadian dollar and the East Caribbean Dollar. The Rhodesian dollar was essentially equal to half of a pound sterling when it was adopted during the decimalisation of 1970, the practice which was followed in other Commonwealth countries such as South Africa, Australia, and New...
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