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Topic: BitPay Zimbabwe dollar to BTC exchange rate. (Read 1011 times)

member
Activity: 70
Merit: 10
November 25, 2013, 09:46:52 AM
#4
Almost zero vallue. I happened to walk pas a store in Munich 3 weeks ago near the trainstation, it specializes in collectable paper money. A whole brick of them sells for $30,- so it's more of a novelty. Same goes for most german inflation notes.
newbie
Activity: 3
Merit: 0
November 25, 2013, 01:57:45 AM
#3
According to the BitPay exchange rate page 1 BTC is worth 261752.2649 Zimbabwean dollars.

http://bitpay.com/bitcoin-exchange-rates

Yet the Zimbabwean dollar has ceased to exist since 2009 because of hyperinflation.

One of those 100 trillion Zimbabwean dollar notes which you can get on eBay for a few US dollars would fetch a huge amount of BTC at that rate.

http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_%24100_trillion_2009_Obverse.jpg

Hi Tinus

Zim Dollars went through a "zero-trimming" procedure a while back, whilst Rands & US Dollars are more common in Zimbabwe now, the "new" rate after all the zeros where removed is correct. I don't remember how many zero's were removed, but it was a lot. So in effect the rate is for the New Zim Dollar.
legendary
Activity: 3052
Merit: 1031
RIP Mommy
November 25, 2013, 01:47:46 AM
#2
LOL
hero member
Activity: 784
Merit: 501
November 24, 2013, 06:46:51 PM
#1
According to the BitPay exchange rate page 1 BTC is worth 261752.2649 Zimbabwean dollars.

http://bitpay.com/bitcoin-exchange-rates

Yet the Zimbabwean dollar has ceased to exist since 2009 because of hyperinflation.

One of those 100 trillion Zimbabwean dollar notes which you can get on eBay for a few US dollars would fetch a huge amount of BTC at that rate.

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