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AA Zimbabwe 100 Trillion Dollar Blue 2008 dated Note with PASS-CO AUTHENTICATION - Authentic - 100,000,000,000,000 Zimbabwe Dollar Note - Foreign Paper Money

Inv# FM1700   Paper Money
Country: Zimbabwe
Years: 2008
Color: Blue

2008 Zimbabwe 100 Trillion Dollar Blue Note WITH PASS-CO AUTHENTICATION.

  

Hyperinflation in Zimbabwe was a period of currency instability in Zimbabwe that, using Cagan's definition of hyperinflation, began in February 2007. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics. However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent month-on-month, 89.7 sextillion percent year-on-year in mid-November 2008.

In April 2009, Zimbabwe stopped printing its currency, with currencies from other countries being used. In mid-2015, Zimbabwe announced plans to have completely switched to the United States dollar by the end of that year.

In June 2019, the Zimbabwean government announced the reintroduction of the RTGS dollar, now to be known simply as the "Zimbabwe dollar", and that all foreign currency was no longer legal tender. By mid-July 2019 inflation had increased to 175%, sparking concerns that the country was entering a new period of hyperinflation. In March 2020, with inflation above 500% annually, a new taskforce was created to assess currency issues. By July 2020 annual inflation was estimated to be at 737%. Read more at https://en.wikipedia.org/wiki/Hyperinflation_in_Zimbabwe

Condition: C.U.
Item ordered may not be exact piece shown. All original and authentic.
Price: $292.00