Country Guides
Zimbabwe
Money

Money

Zimbabwe

Currency

Zimbabwe Dollar (ZWD; symbol Z$) = 100 cents. Notes are in denominations of Z$200,000, 100,000, 50,000, 10,000, 5,000, 1,000, 500, 100, 50, 20, 10, 5 and 2. Coins are in denominations of Z$5, 2 and 1, and 50, 20, 10, 5 and 1 cents.

The government of Zimbabwe devalued the Zimbabwean Dollar in 2006 and deducted three zeros from the currency. 1,000,000 old Zimbabwean Dollars (issued as bearer cheques) are now worth 1,000 new Zimbabwean Dollars (bearer cheques). Since August 2006, only the new money (bearer cheques) has been valid.

Currency Exchange

Major foreign currencies can be exchanged at bureaux de change, banks and major hotels at the official exchange rate.

Credit/Debit Cards and ATMs

American Express, Diners Club and Visa are widely accepted, whilst MasterCard has more limited use. Some ATMs accept credit cards.

Traveller's Cheques

Banks and major hotels will exchange these. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Tues and Thurs-Fri 0800-1500, Wed 0800-1300 and Sat 0800-1130.

Exchange Rate Indicators

Date Apr 09
£1.00= Z$381.30
$1.00= Z$255.199
€1.00= Z$338.34

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