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How are you sending your money to Zimbabwe?
So many companies and individuals are now offering money transfer services to Zimbabwe. There is Western Union, MoneyGram, Money Bookers just to mention a few. I have used Western Union and MoneyGram before. Of the two companies I prefer Western Union since it’s cheaper to send money with them than using MoneyGram. However there are [...]
Continue reading...Zimbabwe Exchange Rate £1 to ZW$600 000
31. August 2008
The Zimbabwe dollar exchange rate: One British pound(£1) to ZW$600 000. The Zimbabwean dollar has not been stable against other trading currencies for some time now. It is very important to check the rates at the time when you want to send your money. Don’t forget to share with others the best rates available, you [...]
Continue reading...Zimbabweans turn to ‘barter’ trade as the dollar is now valueless
7. August 2008
Zimbabweans are now trading in litres, the dollar is now useless. Coupons have become are now the new currency, reflecting the rapidly falling value of the Zimbabwean dollar.In a move which reflect the chaos in the country’s financial sector, Zimbabweans have now turned to a new money source….fuel coupons. Prices are openly quoted in American [...]
Continue reading...Coins and new bank notes cause more confussion in Zimbabwe
3. August 2008
Instead of relief, chaos and confusion is the order of the day in Zimbabwe. Zimbabweans hunted for coins stashed away years ago in jars and cupboards and headed for the shops were long queues have been forming as till operators used to counting notes, struggle to count the bags and tins full of coins.
The re-introduction [...]
Zimbabwe Dollar notes for sale on eBay
2. August 2008
It’s a real strange World! Zimbabwe’s 100 billion Dollar bank note which is not even enough to buy you a loaf of bread in Harare is being sold for as much as £70 on auction site eBay.
Who would buy these valueless Zimbabwean bank notes?Apparently Zimbabwe’s new bank notes seem to be sought after by collectors, [...]
Cheaper ways to phone Zimbabwe
1. August 2008
Calling friends, family or lovers back home can be very expensive. Especially with some of the phone cards on the market giving you less than advertised talk time. It can also be even more expensive calling from your home phone or mobile phone. However there are other cheaper ways you can talk to people in [...]
Continue reading...New $100 billion bank note introduced in Zimbabwe
19. July 2008
Does the Zimbabwe central bank know any other way of controlling the cash shortage other than printing more valueless higher denomination bank notes? In a desperate effort to control the recurrent cash shortages plaguing the inflation ravaged economy, the Zimbabwe central bank has introduced a new $100 billion bank note. The reserve bank governor’s first [...]
Continue reading...How are you sending money to Zimbabwe?
9. July 2008
As the political and economic crisis deepens in Zimbabwe, things are getting tough and unbearable everyday for our relatives and friends back home. This is the time when they need the help of family members and friends in the diaspora. Given the cash shortages at banks in Zimbabwe and the continuous fall in the value [...]
Continue reading...The Ups and Downs of the Zimbabwe Dollar
7. March 2008
Just a day after I had send money to Zimbabwe at the exchange rate of £1 to $60 000 000.00 Zimbabwean dollars. Yesterday the rate fell to $50 million Zimbabwean dollars to £1. Is it that the Zimbabwean dollars is ‘gaining’ value against the British pound? Hell NO! it’s just the usual ups and downs [...]
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6. October 2008
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