Thursday, July 24, 2008

Monopoly Money


exp 31 Dec/08

Collectors are buying up the 100 billion agro cheque (bank note) for $80 US on ebay.

for $100,000,000,000 a Zimbabwean can buy a loaf of bread
for $80 an American can buy a tank of gas.

In the Guardian, on 18 July 2008, a report on Zimbabwe's inflation, said that

  • an egg costs ZW$50 billion (GBP 0.17, USD 0.32)
  • adverts for prizes of Z$100 trillion in a Zimbabwean derby and ZW$1.2 quadrillion ($1,200,000,000,000,000.00: ~GBP 2,100; USD 4,200) in a lottery.
  • a monthly war pension currently is ZW$109 billion (GBP 0.37, USD 0.74)
  • shops can only cash cheques if the customer writes double the amount, because the cost will go up by the time the cheque has cleared
  • people can only withdraw a maximum of ZW$100 billion from cashpoints.

inflation rises so quickly that it is not unknown for 20 people standing line to buy the same item to pay three different prices.


  1. What a very odd currency. When does it run out.

    CJ xx

  2. So sad for these people. I pray for them.

  3. So sickening to contemplate...


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