Can i exchange zimbabwe dollars

Also in , the government legalized the use of foreign currencies and abandoned the use of the ZWD in April. At least nine different currencies acted as legal tender in the country. In , the government announced that those who had bank accounts could exchange 35 quadrillion Zimbabwe dollars for 1 USD in those accounts. Traders in Zimbabwe have had their preferences as to which type of money to accept, but the U. In late , the government of Zimbabwe also introduced a batch of bond notes as a form of alternative currency, with a bond note having an exchange rate of with the U.

According to World Bank data, Zimbabwe has begun to get its problems with inflation under control. Cato Institute. Zimbabwe Dollar. National Graduate Institute for Policy Studies. Accessed Sept. Reserve Bank of Zimbabwe. World Bank. Your Privacy Rights.

To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page. These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification. I Accept Show Purposes. You do not want to get involved with exchanging your forex into the local currency as you can easily get taken for a ride, it is too complicated.

With the exception of buying goods in a supermarket - see below for details. However, there is a critical shortage of small denomination notes so getting change is very difficult. There are no coins so everything is rounded up or down. Be sensible with the amount of cash you carry with you though, Zimbabwe like anywhere in the world has thieves. American Express not so much. If the item is displayed in Zimbabwe Dollars ZWL your card will be debited at the official bank exchange rate of the day, which is very different to the parallel rate, which is what the item would have been priced at.

I have detailed some examples below:. However, one should NOT be completely reliant on this as the situation in Zimbabwe can change overnight. Think of it as more of a back-up. This is NOT advisable. It is completely legal to carry foreign cash that you have brought in with you. Just be mindful of the fact that carrying large sums of cash can be risky. Rather have enough cash for sundry expenses and reserves but any major expenses like accommodation should either be pre-paid or paid for with a credit card.

In non-tourist centres such as Harare and Bulawayo, no, you can't pay for things in other currencies. Banks will change your currency into US Dollars.

It's advisable to have some cash reserves for these instances. In tourist centres like Victoria Falls, you will find street vendors everywhere selling these old notes as souvenirs. The largest note ever printed was Trillion Dollars, this tends to hold the highest value. If you have an old Zimbabwe Dollar Note, please don't think you have struck the jackpot and have become an instant Millionaire.

You can sell it on the internet via EBAY for its souvenir value. We also hold a small stock of these old Zimbabwe Dollars notes. If you would like to purchase some please contact us. Please read the instructions on that page, it is important that you select a notification option so that you will be notified if we or anyone else answers your question.

If you have a Million, Billion, Trillion or Trillion Zimbabwe dollar note from the era or earlier you cannot exchange it into a hard currency anywhere around the world. Their only value is as a souvenir. These trade on the internet at Ebay or Amazon. Close Help. Entering your question here is easy to do.

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Your Name. Your Location. Check box to agree to these submission guidelines. I am at least 16 years of age. I understand and accept the privacy policy. You can preview and edit on the next page. How do I know if my ZWL is pre or post ?

List of U. Seattle area. Exchange my AA notes at what bank? What banks are exchanging ZWL? Zambian Kwacha. The year , Where can I purchase it? I currently reside in Arizona of the United States of America, And I'm thinking about taking a trip to Zimbabwe in … Zimbabwe dollar worth in I have acquired a Zimbabwe note in the amount of 10,,,,, how much does this translate into US dollars?

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But economists and tech experts warn that this amounts to shooting the wrong target. Despite notching up some stability in previous months , the Zimbabwe dollar has been in free-fall in recent weeks, ballooning to on the parallel foreign exchange market compared to on the official forex auction market, against the US dollar.

Central bank governor, John Mangudya stated on Tuesday Sept. UK, remember your settings and improve government services. We also use cookies set by other sites to help us deliver content from their services.

You can change your cookie settings at any time. Whilst the primary legal tender in Zimbabwe is the Zimbabwe dollar ZWL , it is currently possible for tourists to transact using the US Dollar at the official exchange rate. There are some bureaux de change which will accept and change foreign currency, particularly US dollars.

The exchange rate is currently unpredictable. Prices and transactions will mainly be in Zimbabwean dollars but US dollars are widely accepted. It is recommended to check exchange rates prior to any transaction.