Definition

1. Noun:
   • The basic unit of money in Zimbabwe: The "Zimbabwean dollar" was the official currency of Zimbabwe. It served as the standard monetary unit for pricing goods and services within the country.

Usage Examples

• Noun:
  • Prices were quoted in Zimbabwean dollars before the currency was suspended.
  • Hyperinflation rendered the Zimbabwean dollar virtually worthless.
  • He found an old banknote for one million Zimbabwean dollars.

Advanced Usage

• Historical/economic context: The term is often used in discussions about economics, hyperinflation, and monetary policy.
  • The collapse of the Zimbabwean dollar is a classic case study in hyperinflation.

Variants and Related Words

• Zimbabwean (adj): Of or relating to Zimbabwe.
  • Zimbabwean history, Zimbabwean culture.
• Dollar (n): A general term for the basic monetary unit of several countries (e.g., US dollar, Canadian dollar).
  • The US dollar is a major global reserve currency.

Synonyms

• Zimbabwean currency: The money in use in Zimbabwe.
• ZWD: The official ISO 4217 currency code for the Zimbabwean dollar.

Notes on Usage

• The Zimbabwean dollar was effectively abandoned as the national currency in 2009 due to hyperinflation. It was replaced by a multi-currency system, primarily using the US dollar. A new (or reintroduced) Zimbabwean dollar (sometimes called the "Zimbabwe dollar" or "Real Time Gross Settlement dollar") was introduced in 2019, but the term "Zimbabwean dollar" in historical context typically refers to the pre-2009 currency.

Noun

1. the basic unit of money in Zimbabwe