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Southern Africa, Currency Timeline Sunday, May 12 Bookmark and Share     Author
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Zimbabwe introduces new $50 billion note  The central bank will introduce a $50 billion note, enough to buy 2 loaves of bread, as a way of fighting cash shortages amid spiraling inflation New $10B note buys bread  Zimbabwe: The central bank introduced a $10 billion note worth less than U.S. $20s, as the once-prosperous nation battles against hyperinflation Zimbabwe introduces $500 million note  The central bank is introducing the highest current denomination as the once-prosperous southern nation battles against spiraling hyperinflation Hyperinflation forces to print $200m notes  Zimbabwe: Cash-strapped Zimbabwe revealed plans to circulate $200 million notes, just days after introducing a $100 million bill Zimbabwe replaces $10 trillion banknote
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12 zeros removed from currency
  South Africa to get Mandela banknotes

year 2012 Top ^

Feb.11
  South Africa is to issue a complete set of banknotes bearing the image of its first black president, Nelson Mandela

year 2009 Top ^

Feb.2
  Zimbabwe: Zimbabwe slashed 12 zeros from its currency as hyperinflation continued to erode its value
Jan.10

year 2008 Top ^

Dec.19
Dec.12
Dec.6
Sep.17
  The Reserve Bank of Zimbabwe has introduced a $1,000 note, $10 trillion in the old value, as the country battles to end cash shortages
Jul.30 Zimbabwe knocking 10 zeros off currency  Zimbabwe will knock 10 zeros off the hyper-inflated currency next month, making 10 billion dollars one dollar Jul.19 $100 billion banknotes introduced
  Zimbabwe: Troubled central bank introduced new $100 billion banknotes in a desperate bid to ease the recurrent cash shortages plaguing the economy

year 2007 Top ^

Jun.22   Mugabe faces pressure on currency
  Zimbabwe: Zimbabwe's currency plunged to new depths as the U.S. ambassador predicted galloping inflation will force Mugabe from office

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