Created Sat 19th Jul 1:23pm PDT by 
kruijs![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user")
All questions » Business » Economics » kruijs 
When will Zimbabwe introduce the 1,000,000,000,000 Z$ bank note?
Settled as After September, or not at all, monetary reform
http://news.bbc.co.uk/1/hi/world/africa/7532702.stm
Background:
Zimbabwe's central bank will introduce new higher-value 100 billion Zimbabwe dollar (100,000,000,000 Z$) notes on Monday (21st of July) as part of a desperate fight against spiralling hyperinflation.
Central bank Governor Gideon Gono announced on Wednesday that inflation had surpassed 2.2 million percent, though some economists put it much higher.
The Zimbabwe dollar, which had been officially pegged at 30,000 to the U.S. dollar before exchange rules were relaxed recently, now trades at about 800 million to the greenback.
http://www.guardian.co.uk/business/feedarticle/7663377
http://en.wikipedia.org/wiki/Zimbabwean_dollar
When will Zimbabwe introduce the 1 TRILLION DOLLAR note?
The date to be used for settlement is the date where the note goes into circulation officially. If someone gets hold of one of them, please contact me ;)
As an aside: Zimbabwe is about to run out of the paper to print money on.
http://www.zwnews.com/issuefull.cfm?ArticleID=19149
Central bank Governor Gideon Gono announced on Wednesday that inflation had surpassed 2.2 million percent, though some economists put it much higher.
The Zimbabwe dollar, which had been officially pegged at 30,000 to the U.S. dollar before exchange rules were relaxed recently, now trades at about 800 million to the greenback.
http://www.guardian.co.uk/business/feedarticle/7663377
http://en.wikipedia.org/wiki/Zimbabwean_dollar
When will Zimbabwe introduce the 1 TRILLION DOLLAR note?
The date to be used for settlement is the date where the note goes into circulation officially. If someone gets hold of one of them, please contact me ;)
As an aside: Zimbabwe is about to run out of the paper to print money on.
http://www.zwnews.com/issuefull.cfm?ArticleID=19149
Settled
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during July |
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during August |
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during September |
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After September, or not at all, monetary reform |
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Activity: H$18,846
Settled as After September, or not at all, monetary reform on Thu 31st Jul 10:05am PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details:
As reported by a major mainstream news source.
Suspend date: Wed 1st Oct 12:59am PDT (3 weeks to go)
Settlement date: Thu 31st Jul 10:05am PDT
Initial likelihoods:
during July: 10%, during August: 30%, during September: 30%, After September, or not at all, monetary reform: 30%
Action history:
Created Sat 19th Jul 1:23pm PDT by kruijs
kruijs
Suspended Wed 30th Jul 1:48pm PDT by 
infernalmachine![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: Suspended pending settlement
infernalmachine: Suspended pending settlement
Settlement requested Wed 30th Jul 1:48pm PDT by infernalmachine: Zimbabwe currency to revalued (lopping off 10 zeroes on Fri Aug 1)
http://news.bbc.co.uk/2/hi/africa/7532702.stm (market suspended)
infernalmachine: Zimbabwe currency to revalued (lopping off 10 zeroes on Fri Aug 1)
http://news.bbc.co.uk/2/hi/africa/7532702.stm (market suspended)
Settlement requested Wed 30th Jul 11:40pm PDT by kruijs: yes, this is okay for settlement IMO - this was my intention by adding "monetary reform": one of the reasons why the 1 zagillion note will not be introduced.
kruijs: yes, this is okay for settlement IMO - this was my intention by adding "monetary reform": one of the reasons why the 1 zagillion note will not be introduced.
Settled as 'After September, or not at all, monetary reform' Thu 31st Jul 10:05am PDT by 
robuk: http://news.bbc.co.uk/1/hi/world/africa/7532702.stm
robuk: http://news.bbc.co.uk/1/hi/world/africa/7532702.stm
All questions are settled by Hubdub according to settlement info provided by the question creator.
Settlement details: As reported by a major mainstream news source.... read all
Predictions (94)
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Related News
This news is selected automatically based on the question, its background, options and tags
This news is selected automatically based on the question, its background, options and tags
score: 10
Reuters 5 weeks ago
removing 10 zeros from August 1 in the government's latest bid to prop up the failing economy. The Zimbabwean dollar is virtually worthless with a loaf of bread costing around 250 billion Zimbabwe dollars -- $4 using the official bank rate and between
score: 10
Reuters via Yahoo! 5 weeks ago
removing 10 zeros from August 1 in the government's latest bid to prop up the failing economy. The Zimbabwean dollar is virtually worthless with a loaf of bread costing around 250 billion Zimbabwe dollars -- $4 using the official bank rate and between
score: 10
VOA News 5 weeks ago
such that a Z$10 billion note would become a Z$10 note.Sources in Zimbabwe said Monday that the battered Zimbabwean dollar was trading between Z$500 billion and Z$800 billion to the U.S. dollar. But some parallel market were quoting U.S. dollar exchange
score: 10
Kenya Broadcasting Corporation 5 weeks ago
inflation. State media reported at the weekend that the central bank plans to knock several zeros off the Zimbabwean dollar in an effort to overcome cash shortages that are crippling the economy. But Zimbabwean journalist Brian Hungwe says some
score: 10
Los Angeles Times 5 weeks ago
leakage.ZIMBABWEBank chief plans currency reforms Zimbabwe's bank chief plans new currency reforms, removing 'more zeros' from the plummeting Zimbabwean dollar and raising the limit on withdrawals, to tackle the country's runaway inflation and cash
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