mangogrooveworkshop
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| posted on 2/10/08 at 12:32 PM |
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My dad sent me my inheritance of fifty million dollars
What he didnt say was its zim dollars
my notes the same colour as these but with 50 mill on it
[Edited on 2-10-08 by mangogrooveworkshop]
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iank
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| posted on 2/10/08 at 12:36 PM |
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Spend it quick, it'll be worthless in 10mins
--
Never argue with an idiot. They drag you down to their level, then beat you with experience.
Anonymous
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Mr Whippy
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| posted on 2/10/08 at 12:45 PM |
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it would be quite funny if that currency suddenly (admittedly rather unlikely) gained in valuable against the US dollar, Africa could end up buying
the entire planet.
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twybrow
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| posted on 2/10/08 at 12:47 PM |
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When we handed Zimbabwe to Mugabe, the Zim dollar was 1:1 with the USD.... How times change!
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mcerd1
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| posted on 2/10/08 at 12:51 PM |
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are they still printing both sides ?
in germany (1929) it got so bad that they stopped printing the backs to save time before they were worthless - I think eventually they were worth more
as paper than what was printed on them
[Edited on 2/10/08 by mcerd1]
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David Jenkins
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| posted on 2/10/08 at 12:54 PM |
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quote:
Originally posted by twybrow
When we handed Zimbabwe to Mugabe, the Zim dollar was 1:1 with the USD.... How times change!
Just looked up on an exchange rate site - now the Zimbabwe Dollar is worth £0.004, so
50,000,000 ZWD = 200,000 GBP
But you might have trouble shifting it in your local bank!
I suspect that there's an international exchange rate, which is far away from the 'what will this piece of paper buy in Zimbabwe'
rate.
[Edited on 2/10/08 by David Jenkins]
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mangogrooveworkshop
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| posted on 2/10/08 at 12:59 PM |
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Flip im off to see if they will take it
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matt_claydon
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| posted on 2/10/08 at 01:01 PM |
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That's because it was devalued a couple of months back so that 10 billion 'old' dollars became 1 'new' dollar. The notes
above are the old ones and 100 billion was probably worth about 1p or something.
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smart51
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| posted on 2/10/08 at 01:07 PM |
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A South African friend of mine went to Zimbabwe last year, taking with him an old $5 Zimbabwe note. He gave it to a petrol station attendant who just
giggled. He was then asked "Can I take this home to my son? He doesn't believe that Zimbabwian money ever came in units less than
$1,000,000.
On the other hand, Zimbabwe is the richest country on Earth by one key measure, the proportion of the population who are millionaires.
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mangogrooveworkshop
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| posted on 2/10/08 at 01:19 PM |
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quote:
Originally posted by matt_claydon
That's because it was devalued a couple of months back so that 10 billion 'old' dollars became 1 'new' dollar. The notes
above are the old ones and 100 billion was probably worth about 1p or something.
Yep you are right on the money Only currency that has a best before date
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iank
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| posted on 2/10/08 at 01:28 PM |
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50 meeelion dollars?
--
Never argue with an idiot. They drag you down to their level, then beat you with experience.
Anonymous
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James
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| posted on 2/10/08 at 01:30 PM |
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50 million from your Dad.... and you're into Locosts!
You tight git!!!
------------------------------------------------------------------------------------------------------------
"The fight is won or lost far away from witnesses, behind the lines, in the gym and out there on the road, long before I dance under those lights."
- Muhammad Ali
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blakep82
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| posted on 2/10/08 at 01:44 PM |
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but could the exchange rate pick up in years to come?
i always wondered if this could be a cheap and low risk (lorisk? lol) er, 'investment'?
________________________
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Guinness
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| posted on 2/10/08 at 02:35 PM |
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I went to Poland back in the early 90's and they had a similar problem with the Zlot. When we approached the border point there was a little
old lady sitting outside selling baskets, and I didn't think twice.
We went inside, changed £300 for Zlots, and the exchange rate was 16,000:1 so we walked out with 4.8 million zlots! Our first purchase was a basket
to carry the cash round in!
The petrol stations just had stencilled zeros after the counter!
We've still got some of the Zlots, which we use when playing Monopoly! It's much more satisfying playing Monopoly for real money!
Mike
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theconrodkid
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| posted on 2/10/08 at 04:22 PM |
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and the zlotty is now 4 to the £...how times have changed
who cares who wins
pass the pork pies
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blakep82
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| posted on 2/10/08 at 04:26 PM |
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quote:
Originally posted by theconrodkid
and the zlotty is now 4 to the £...how times have changed
thats what i was thinking about the zim dollar
but not if its got a best before date in it lol
________________________
IVA manual link http://www.businesslink.gov.uk/bdotg/action/detail?type=RESOURCES&itemId=1081997083
don't write OT on a new thread title, you're creating the topic, everything you write is very much ON topic!
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mangogrooveworkshop
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| posted on 2/10/08 at 08:26 PM |
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Ah guys some of you got me thinking.......Yes it is worth money on EBAY 10 quid a note
[Edited on 2-10-08 by mangogrooveworkshop]
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Phil.J
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| posted on 3/10/08 at 08:28 AM |
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Wonder if they have the equivalent of 'Pound' shops in Zimbabwe: '$100 million dollar' shop doesn't quite have the same
catchy ring to it!
[Edited on 3/10/08 by Phil.J]
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