Information about the Zimbabwe Dollar
Currency
Zimbabwe Dollar (ZWD; symbol Z$ ) = 100 cents. Notes are in denominations of Z$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 Government of Zimbabwe has recently devalued the Zimbabwean dollar and deducted three zeros from the currency. 1,000,000 old Zimbabwean dollars (issued as bearer cheques) are now worth 1,000 new Zimbabwean dollars (bearer cheques). As from 21 August 2006, only the new money (bearer cheques) will be valid.
Currency exchange
Major foreign currencies can be exchanged at bureaux de change, banks and major hotels at the official exchange rate.
Credit & debit cards
American Express, Diners Club and Visa are widely accepted, whilst MasterCard has more limited use. Some ATMs accept credit cards.
Traveller's cheques
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.
Currency restrictions
The import and export of local currency is limited to Z$15,000. The import of foreign currency is unlimited. The export of foreign currency is unlimited as long as supported by the visitor’s currency declaration form.
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