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To: NonValueAdded
Here is the latest exchange rate:

1 US Dollar = 100,828 Zimbabwe Dollar

You will have to do the arithmetic yourself. I get lost in all the zeros.

In 2000, when the farm invasions began, the Zim dollar was trading at a fairly stable Z$55 to US$1

Of course, with inflation in quadruple digits, any exchange rate becomes meaningless. Zimbabwe is rapidly degenerating into a barter economy.

About three years ago I was waiting for the XYL in a shopping mall in Toronto and out of boredom I went to the Thomas Cook foreign exchange counter and asked for the exchange rate for Zimbabwe dollars to Canadian dollars. My inquiry was met with huge hilarity.

So far as the Thomas Cook company is concerned there is no longer any such thing as a Zimbabwe dollar.

7 posted on 07/29/2006 4:49:18 PM PDT by Clive
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To: Clive

This is what the white liberalsn did to Africa.
One of the wealthiest nations in terms of agriculture is now totally bust. Only took less than a decade.


8 posted on 07/29/2006 4:58:57 PM PDT by ChiMark
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To: Clive
1 US Dollar = 100,828 Zimbabwe Dollar
You will have to do the arithmetic yourself. I get lost in all the zeros.

142 billion divided by 100,828 = $1,408,338 (USD)... shows you just how much a billion of anything really is!!

12 posted on 07/29/2006 5:10:48 PM PDT by Teacher317
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