Although the dollar was considered to be among the highest valued currency units when it was first introduced in 1980 to replace the Rhodesian dollar at a ratio of 1:1, political turmoil and hyperinflation rapidly eroded the value of the Zimbabwe dollar to eventually become one of the least valued currency units in the world.
2009- A loaf of bread in Zimbabwe now costs about 300 billion Zimbabwean dollars — and like most commodities, the price increases every day."
CNN
Reason: hyperinflation, resulting in the suspension of local currency Ratio: none—currency abandoned | |||||||||||||||||
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