Zimbabwe - 250.000.000 $ - 2008 - P59 - B150

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Product Details

: ZWD.150a
: ZIMBABWE

Product Description

SCWPM.#59 - TBB.#B150a - Date: 2-5-2008
Grade: Unc. -
Signature: 5 - AA
ZWD-S5
Description: Colour: Blue. - Front: RBZ logo.
Back: Elephant; Victoria Falls.
Solid security thread with demetalized RBZ.
Watermark: Zimbabwe bird Type C and electrotype RBZ.
Printer: (FPZ). Fidelity Printers, Zimbabwe
Size: 148 x 74 mm. - Material: Paper.
What Is Hyperinflation?
Hyperinflation is generally characterized by an inflation rate of greater than 50% per month. It rapidly erodes the value of a currency, which leads to economic stagnation, price volatility, and distrust of government monetary policy and authority.
It can take a country decades to recover from the economic impacts of hyperinflation, and if monetary policy is not corrected appropriately, it can easily reoccur.
After peaking at nearly 557% inflation in late 2020, the Zimbabwean dollar has returned to a more modest, double-digit yearly inflation rate. However, as recently as June 2023, annual inflation again climbed to triple digits and reached 172%. These figures are according to data from the IMF.
8,95 € inc. tax
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