Change 1 USD and take 50 million $
The inflation in Zimbabwe for the month of March 2008 rose to 355,000%! Yes, 355,000 per cent! It more than doubled from the February figure of 165,000%.
The Zimbabwean central bank has introduced $500 million bearer cheques (or currency notes) for the public, and $5 billion, $25 billion, $50 billion agro-cheques for farmers. Just last fortnight the nation had introduced $250 million bearer cheques.
A sausage sandwich sells for Zimbabwean $50 million. A 15-kg bag of potatoes cost Zimbabwean $260 million. But then, Zimbabwean $50 million is roughly equal to US$ 1!
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It's all over the internet. I read that they were dropping 10 zeros off their currency because you have a wad of cash in your pocket that can only buy a loaf of bread. Also the ATM machines are not programmed to handle those kinds of numbers.
Lol.. got it on email from a friend in Entebbe ( Uganda)
Gr8 Mugabe
Arien - where did you get this information? I have to varify this with a certain QL memeber from Zimbabwe or with Robeert Mugabe ;)
Ban Spoon Feeding not Me
One US$ was 1,400,000 TL ( One million four hundred thousand Turkish Liras ) just 5 years ago :)