The newest country in the world has imploded, less than six months after it was launched. The USD to ZiG exchange rate has soared from 13.5 in April to 25.86, according to Zimbabwe’s central bank.

For example, assume that you had 1 million Zimbabwe dollar when it was trading at 100 to the US dollar. In this case, you had $10,000. However, when it moved to 200, it means that you have $5,000.

Convert Zimbabwean Dollar To United States Dollar 1 ZWL = 0.003106 USD Jul 03, 2025 13:11 UTC Check the currency rates against all the world currencies here.

On September 27, the Reserve Bank of Zimbabwe (RBZ) slashed the value of the ZiG by 43 percent, taking it from 13.56 ZiG to the US dollar at its launch to 24.4 ZiG to the dollar. The currency has ...

Zimbabwe’s economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day ...

Zimbabwe’s gold-backed currency, the ZiG, is already suffering from the same lack of credibility that doomed its predecessors. Short for Zimbabwe Gold, the ZiG replaced the Zimbabwean dollar in ...

CHIREDZI - Zimbabwean businesses, notably sugar producer Hippo Valley Estates Limited, continue to face significant financial ...

This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar. The ZiG (Zimbabwe Gold) is the nation’s newest currency and was launched in April 2024 .

Reserve bank says transactions carried out using the Zimbabwe Gold (ZiG) currency surged to 43 percent in May.

Zimbabwe allows currency to slump over 40%, hikes policy rate. By Nyasha Chingono and Bhargav Acharya. September 27, 2024 12:12 PM UTC Updated September 27, 2024 A vendor shows a ...

As people struggle to access Zimbabwe’s newest currency, the ZiG (Zimbabwe Gold), illegal money changers across the country are emerging, offering higher rates of exchange for those in desperate need ...

The Reserve Bank of Zimbabwe devalued the ZiG by 43% on 27 September 2024. This weakened the official exchange rate from 13.9 ZiG per US dollar to 24.4 ZiG per US dollar. The ZiG (Zimbabwe Gold) is ...