ZWD · ZWD
Zimbabwean Dollar (ZWD)
The Zimbabwe Dollar (ZWD) was the official currency of Zimbabwe until 2009, when hyperinflation led to its abandonment. This page covers its history, redenominations, and legacy.
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ZWD · Zimbabwean Dollar
Zimbabwe Dollar (ZWD): History and Overview
The Zimbabwe Dollar (ZWD) served as the official currency of Zimbabwe from 1980 until 2009. During its existence, the currency underwent several redenominations due to extreme inflationary pressures. The most notable period was in the late 2000s, when hyperinflation reached astronomical levels, rendering the currency virtually worthless. In 2009, the government suspended the use of the Zimbabwe Dollar, allowing foreign currencies such as the US Dollar and South African Rand to be used for transactions.
Throughout its history, the Zimbabwe Dollar was issued in various banknotes and coins, with the final series featuring denominations up to 100 trillion dollars. The currency's collapse had profound economic and social impacts, leading to widespread poverty and a shift to a multi-currency system. In 2019, the government reintroduced a new Zimbabwe Dollar (ZWL), but the original ZWD remains a historical currency often studied as a case of hyperinflation.
Today, the ZWD is no longer in circulation, and its legacy serves as a cautionary tale about the dangers of excessive money printing and fiscal mismanagement. For collectors and historians, the ZWD banknotes are sought-after items, representing a unique chapter in global monetary history. This page provides an overview of the ZWD's origins, key events, and its eventual replacement.
- Code
- ZWD
- Symbol
- ZWD
- Current rate
- USD / ZWD
Currency information
Last updated · 8/7/2026
Introduced in 1980, replacing the Rhodesian dollar at par.
- Official name
- Zimbabwe Dollar
- Legal tender status
- Withdrawn
- Decimal places
- 2
- Minor unit
- cent · 1 ZWD = 100 cent
- Countries
- Zimbabwe
- Issuing authority
- Reserve Bank of Zimbabwe
- Central bank
- Reserve Bank of Zimbabwe · Official website
- Exchange-rate regime
- Floating (historically)
Common banknotes
Z$1 · Z$5 · Z$10 · Z$20 · Z$50 · Z$100 · Z$500 · Z$1000 · Z$10000 · Z$100000 · Z$1,000,000 · Z$10,000,000 · Z$100,000,000 · Z$1,000,000,000 · Z$10,000,000,000 · Z$100,000,000,000
Common coins
1 cent · 5 cents · 10 cents · 25 cents · 50 cents · Z$1 · Z$2 · Z$5 · Z$10 · Z$25 · Z$50 · Z$100 · Z$500 · Z$1000 · Z$5000 · Z$10000 · Z$25000 · Z$50000 · Z$100000 · Z$500000
Also known as
Zim dollar · Zimbabwean Dollar · Zimbabwe Dollar · ZWD · Z$
Practical notes
- The Zimbabwean dollar was redenominated multiple times due to hyperinflation.
- It was suspended in 2009 and fully demonetized in 2015.
Priority currency pairs
The most useful conversions for this currency.
Zimbabwean Dollar questions
What is the ZWD exchange rate?
The displayed rate is the latest available reference rate for USD/ZWD. It can change throughout the day.
How can I convert ZWD online?
Use the converter above to calculate indicative amounts between ZWD and the other supported currencies.