Zimbabwe's inflation reached 2.2 million percent

Saturday, May 8, 2010

This is not a check or raffle tickets or coupons worth 500 million dollars Currency unit but that Zimbabwe had just printed in May 2008

500 million banknotes Zimbabwe dollar was only worth two U.S. dollars. Or the Indonesian equivalent of Rp. 20.000, - For Once Eat pecel catfish plus avocado juice.

Zimbabwe's inflation is currently the record holder for the largest in the world that is 2,200,000% (2.2 million percent!), Even worse prices soared so quickly in just minutes even seconds would not be surprised if the employees of the shops in Zimbabwe are so busy changing the price tag if price changes. May 2008

On July 20, 2008 was a bank of Zimbabwe has also published pieces of money amounting to 100 Billion Dollars! which is a floating currency with a nominal record for the largest in the world.
Zimbabwe is holding many world records, but unfortunately it had no record of the plume.

Zimbabwe's economy continues to experience kemorosotan this for some time. Domestic inflation continues to increase up to 2.2 million percent, who became the world's highest inflation.Due to high inflation, the central bank of Zimbabwe has issued a fourth version of the currency until now. The last time the central bank of Zimbabwe issued a fraction $ 100,000,000,000,000 (100 trillion dollars), which became the world's largest nominal money with which later was replaced with the version number-four dollars where each $ 100,000,000,000,000 (100 trillion dollars) replaced the old money into $ 1 of new money. As the economy continues to worsen Zimbabwe's central bank now decided to allow people to use the U.S. dollar as their currency to stabilize the economy back to Zimbabwe.