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Zimbabwe Releases 500 Million Dollar Note

December 15th, 2008 · 1 Comment

Zimbabwe’s central bank released on Friday December 12th a 500 billion dollar note. This half billion note was worth about 10 U.S. Dollars at the time of release.

Just the previous Thursday the Zimbabwe government released a 100 million dollar note at the time worth 14 U.S. Dollars. Now it is worth approximately 50 cents.

Just a few months back on July 30th 2008 the the Zimbabwe dollar was redenominated, ZW$ 10 billion would be worth ZW$ 1

Zimbabwe 500 Million Note

Tags: Zeitgeist

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