Central Bank of Zimbabwe 2 Feb, 2009 held another denomination, and also released into circulation, seven new banknotes, reported AFP. After the denomination 10 trillion Zimbabwean dollars - the maximum denomination note, with circulation in the country - turned into a ten dollars. Thus with the banknotes were removed 12 zeros. According to the official exchange rate Central Bank of Zimbabwe, one U.S. dollar traded at four trillion Zimbabwean dollars.
In the free circulation of banknotes were issued in 1, 5, 10, 20, 50, 100 and 500 Zimbabwean dollars.
Over the past six months, the Government and the Central Bank of Zimbabwe has conducted a second denomination of the currency. In July 2008, with a Zimbabwean bank notes were removed 10 zeros. The truth then in circulation were issued new banknotes - Centrobank back into circulation the old denominations of 1, 5 and 10 Zimbabwean dollars.
January 16, 2009 the Government of Zimbabwe has announced its intention to introduce bill in circulation in one hundred trillion dollars. Now, if the bill will be printed in the treatment she will be introduced later. Because of inflation, Central Bank of Zimbabwe routinely adds extra zeros on banknotes issued. The average inflation rate in Zimbabwe is around 230 million percent a year and a record in the world.
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