Bitcoin Forum
June 27, 2024, 11:34:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: BitPay Zimbabwe dollar to BTC exchange rate.  (Read 1013 times)
tinus42 (OP)
Hero Member
*****
Offline Offline

Activity: 784
Merit: 501



View Profile
November 24, 2013, 10:46:51 PM
 #1

According to the BitPay exchange rate page 1 BTC is worth 261752.2649 Zimbabwean dollars.

http://bitpay.com/bitcoin-exchange-rates

Yet the Zimbabwean dollar has ceased to exist since 2009 because of hyperinflation.

One of those 100 trillion Zimbabwean dollar notes which you can get on eBay for a few US dollars would fetch a huge amount of BTC at that rate.

TheButterZone
Legendary
*
Offline Offline

Activity: 3010
Merit: 1031


RIP Mommy


View Profile WWW
November 25, 2013, 05:47:46 AM
 #2

LOL

Saying that you don't trust someone because of their behavior is completely valid.
kleva
Newbie
*
Offline Offline

Activity: 3
Merit: 0


View Profile
November 25, 2013, 05:57:45 AM
 #3

According to the BitPay exchange rate page 1 BTC is worth 261752.2649 Zimbabwean dollars.

http://bitpay.com/bitcoin-exchange-rates

Yet the Zimbabwean dollar has ceased to exist since 2009 because of hyperinflation.

One of those 100 trillion Zimbabwean dollar notes which you can get on eBay for a few US dollars would fetch a huge amount of BTC at that rate.

http://upload.wikimedia.org/wikipedia/commons/3/3e/Zimbabwe_%24100_trillion_2009_Obverse.jpg

Hi Tinus

Zim Dollars went through a "zero-trimming" procedure a while back, whilst Rands & US Dollars are more common in Zimbabwe now, the "new" rate after all the zeros where removed is correct. I don't remember how many zero's were removed, but it was a lot. So in effect the rate is for the New Zim Dollar.
Lewis2
Member
**
Offline Offline

Activity: 70
Merit: 10


View Profile
November 25, 2013, 01:46:52 PM
 #4

Almost zero vallue. I happened to walk pas a store in Munich 3 weeks ago near the trainstation, it specializes in collectable paper money. A whole brick of them sells for $30,- so it's more of a novelty. Same goes for most german inflation notes.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!