Billions?? Well I guess its a “petit” amount

It Would “NEVER” be a small amount for me and probably ‘Never’ for the corporates as well. But it definitely proves to be a be a petit one for the Zimbabweans who have their bank accounts filled with trillions/Zillions of Zimbabwean dollars or even more.

It is pretty interesting to note how different currencies are dealt amongst each another in terms of exchange rates. But how do we go about dealing with the Zimbabwean dollar? I mean it isn’t a daunting task but the currency conversions are just insane. The figures being,

1 Indian Rupee : Z$52,149

1 USD: Z$2,525,221

1 British Pound: Z$3,695,625.

WOWWWW!!! I feel Rich.

Isn’t it amazing how rich the Zimbabweans function in their daily lives? So literally, they operate as the richest people on earth but technically, it’s a definite NO. It would be like poverty shooting up among billionaires. How cool is that??? Imagine a person saying  < I had gone grocery shopping and the bill summed upto 700 Billion>

???????

As for the present situation the government limits cash withdrawals to Z$100 billion per day,which is less than the cost of a loaf of bread. Recently a report on Zimbabwe’s inflation stated that an egg costs around Z$50 Billion. And also their denominations, the reserve bank of Zimbabwe (RBZ) has issued a bank note of “10 Billion Dollars”

Its weird and interesting to know of how certain things are distinctly structured !!

( A little insight into why the Zimbabwean dollar  fluctuates substantially is because of the soaring inflation which plays around in millions as a %. We’ve all heard of inflation rising/declining  by 2-3 % on a “SANE” basis)