Zimbabwe - Money
Currency & Money
The Zimbabwean Dollar was abandoned early 2009.
Zimbabwe Dollar (ZWD; symbol Z$) = 100 cents. Notes were in denominations of Z$200,000, 100,000, 50,000, 10,000, 5,000, 1,000, 500, 100, 50, 20, 10, 5 and 2. Coins are in denominations of Z$5, 2 and 1, and 50, 20, 10, 5 and 1 cents.
The country has adopted a multi-currency scheme; the US Dollar and South African Rand can be used for domestic transactions.
American Express, Diners Club and Visa are widely accepted, whilst MasterCard has more limited use. Some ATMs accept credit cards.
Banks and major hotels will exchange these. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars or Pounds Sterling.
The import of national and foreign currencies is unrestricted. The import of a sum that exceeds the equivalent of US$ 10,000 should be declared in order to to be able to Export the money when leaving the country. The export of local currency is limited to a maximum equivalent value of US$1,000 and to 100 pieces per denomination. The export of foreign currencies is limited to an equivalent value of US$10,000 or proof must be provided with the import declaration that a sum greater than US$10,000 was imported.
The use of foreign currencies as a means of payment is prohibited in Zimbabwe.
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