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Zimbabwean Dollar not accepted in Zimbabwe

Zimbabwean dollar was the official currency of the country since 1980 prior to which the country itself was called Rhodesia and the currency was Rhodesian dollar.

The economy of Zimbabwe has been in deep trouble for the last several years and the last 3 years has been terrible. The country has been in serious hyperinflation since the beginning of 2007 and in fact official inflation numbers are not even published anymore by the government. The last recorded inflation was in the order of sextillion % year on year, yes that crazy!

In the meantime, the currency has been revalued 3 times and the latest one is worth 1025 of the first Zimbabwean dollar and eventually has collapsed. In 2009, the printing of the Z$ was stopped. Subsequently, there has been no local currency in Zimbabwe whatsoever as of now but instead 7 other country currencies are in circulation, including the South African Rand, Chinese Yuan and Indian Rupee!

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