Comment

Comment by fzzt

Many countries that suffer hyperinflation keep the historical name of their currency, but establish some exchange rate between the "old" and "new" money. Zimbabwe went through four cycles - currency codes ZWD, ZWN, ZWR, and ZWL.

Per Wikipedia: "The final redenomination produced the "fourth dollar" (ZWL), which was worth 10^25 ZWD (first dollars)."

The ZWL itself was subsequently largely abandoned, too. I believe you'd have more luck transacting in foreign currencies.

parent fzzt 4 years ago

No comments yet

Be the first to share your thoughts.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton