Zimbabwe dollar
The
Zimbabwe dollar (Z$) is the legal tender currency of
Zimbabwe.
It was formerly known as the Rhodesian dollar (R$), which was adopted in
1970 following decimalisation and the replacement of the
Pound Sterling as the currency. At the time of independence in
1980, one Zimbabwe dollar (of 100 cents) was approximately the same value as one
Pound Sterling, but rampant inflation and the collapse of the economy has made the currency worthless, with many organisations using the
US dollar instead.