The Zimbabwe Currency was introduced in 1980 to replace the Rhodesian dollar at par directly and to signify the nation's independence from the United Kingdom. Over time, hyperinflation in Zimbabwe reduced the Zimbabwe dollar to one of the world's lowest valued currency units.
Hyperinflation in Zimbabwe
Hyperinflation in Zimbabwe was a period of currency instability that began in the late 1990s shortly after the confiscation of private farms from landowners, towards the end of Zimbabwean involvement in the Second Congo War. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because Zimbabwe stopped filing official inflation statistics.
At the high of this feedback loop, prices increased at an astronomical rate of 7.6 Billion percent a month. By the end of 2008, the Zimbabwean dollar had effectively ceased to exist. In early 2009, Zimbabwe officially abandoned their currency and switched to using foreign currencies. And the hyperinflation was over.
Zimbabwean Hyperinflation Leads to Massive Denomination Banknotes In The World
In 2008, prices started rising by thousands of percent per month. And the government started printing 10 Trillion, 50 Trillion, and 100 Trillion notes. The 100 Trillion is the highest denomination in the Zimbabwe monetary system and the world.
The Zimbabwe Trillion Dollar Banknotes Issued in 2008
When Zimbabwe officially abandoned their currency on April 12 2009. Until now, these Trillion Dollar Zimbabwe banknotes are no longer valid. They are considered collectible/novelty items only. Collectors desire these notes for just one reason. These are the highest denomination banknotes in the world ever printed.
These Trillion Zimbabwe banknotes are no longer printed anymore. Over time they become increasingly rare and difficult to reach out. Our Zimbabwe Trillion Dollars banknotes have been sold by Collectiblescurrency.com is in the graded condition listed and Dated 2008 AA Series.
After individually inspecting the security features of each Zimbabwe Banknotes . Our Genuine Zimbabwe banknotes are guaranteed to be in the graded condition listed, and to be 100% Authentic Genuine Zimbabwe Banknotes, issued by the The Reserve Bank of Zimbabwe.
Every single Zimbabwe Trillion Dollar Banknotes is accompanied by a certificate of authenticity with the serial numbers handwritten by our staff in the upper right corner matching the serial numbers on the note.
The Zimbabwe 100 Trillion Dollar came up with COA
These Zimbabwe Trillion Dollar would make a great addition to any collection or would be an ideal gift based on its uniqueness. These notes are the highest denomination banknotes ever printed. Add some of these neat conversation pieces to your cart today!
