Thursday, November 27, 2008

Zimbabwe

This morning I saw this figure in the newspaper 642,371,437,695,221,000.00

Do you know what is this figure for?


This is the exchange rate for Zimbabwean dollars to one US dollar. Do you know how to read it?It's should be read as ZWD 642 Quadrillion. Can you imagine USD1.00 = ZWD 642 Quadrillion!!!

According to Central Statistical Office statistics, annual inflation rate for Zimbabwe rose to 231 million percent in July 2008. The month-on-month rate rose to 2,600.2%.

In Zimbabwe, they sale one egg is about ZWD 35,000,000,000.00. I don't know how to survey in this country with this huge inflation rate.

We should be happy, we are in Malaysia and with the only 8% inflation rate.



Does this note look familiar, like we used to burn to our ancestors. Hihihii...