Zimbabwe announced a trillion to one redenomination of its currency
yesterday. It was trading at 300 trillion to the USD before, and 300 to the USD afterwards. Its last redenomination was in August 2008, when they lopped off
10 zeros, and in August 2006, they did a thousand to one redenomination. It started off at approximately 1.47 USD to the ZWD
(
Read more... )