2019 – what a year – records broken in ZW once again – Jan 2019 – 1 RTGS equals 1 USD.
One year later 17 RTGS equals 1 USD – so ZW money has lost ove 94 per cent of its value since the beginning of 2019.
Regarding inflation we ZW are at number 2 in the world to Venezuela – ZW today inflation at 565 %/year and Venezuela at top spot on 7050 %/year.
Comrades we are sinking fast – all figures by Professor Steve Hanke
COMMENTS
2019 – what a year – records broken in ZW once again – Jan 2019 – 1 RTGS equals 1 USD.
One year later 17 RTGS equals 1 USD – so ZW money has lost ove 94 per cent of its value since the beginning of 2019.
Regarding inflation we ZW are at number 2 in the world to Venezuela – ZW today inflation at 565 %/year and Venezuela at top spot on 7050 %/year.
Comrades we are sinking fast – all figures by Professor Steve Hanke