The ZIMBABWE PORTAL
is the currency of Zimbabwe
. It is subdivided into 100 cents
. It is normally abbreviated with the dollar sign $
, or alternatively Z$
to distinguish it from other dollar
The first Zimbabwean dollar was introduced in 1980 and replaced the Rhodesian dollar at par. The present ISO 4217 code was ZWD. At the time of its introduction, the Zimbabwean dollar was still worth more than the U.S. dollar, with ZWD 0.68 = USD 1.00. However, the currency's value eroded rapidly over the years. On 26 July 2006, the parallel market value of the dollar fell to one million to the British pound .
In October 2005, the head of the Reserve Bank of Zimbabwe, Dr. Gideon Gono, announced "Zimbabwe will have a new currency next year." New banknotes and coins were to replace the then current Zimbabwean dollar. Gono did not provide a name for this new currency. In June 2006, Deputy Finance Minister David Chapfika stated that Zimbabwe had to achieve macroeconomic stability (i.e., double digit inflation) before any new currency was introduced.
The Victoria Falls or Mosi-oa-Tunya (the Smoke that Thunders) is a waterfall situated in Africa, between the countries of Zambia and Zimbabwe. The Falls are, by some measures, the largest waterfall in the world, as well as being among the most unusual in form, and having arguably the most diverse and easily-seen wildlife of any major waterfall site.
The stone-carved Zimbabwe Bird is a national emblem of Zimbabwe, appearing on the national flags and coats of arms of both Zimbabwe and Rhodesia, as well as on banknotes and coins (first on Rhodesian pound and then Rhodesian dollar). It probably represents the bateleur eagle.
The famous soapstone bird carvings stood on walls and monoliths of the ancient city of Great Zimbabwe built, it is believed, sometime between the 12th and 15th centuries by ancestors of the Shona. The ruins, which gave their name to modern Zimbabwe, cover some 1,800 acres (7.3 km²) and are the largest ancient stone construction in Zimbabwe.
Cecil John Rhodes, PC (July 5, 1853 – March 26, 1902) was a British-born South African businessman, mining magnate, and politician. He was the founder of the diamond company De Beers, which today markets 60% of the world's rough diamonds and at one time marketed 90%. He was an ardent believer in colonialism and was the founder of the state of Rhodesia, which was named after him. Rhodesia, later Northern and Southern Rhodesia, eventually became Zambia and Zimbabwe respectively.
Rhodes famously declared: "To think of these stars that you see overhead at night, these vast worlds which we can never reach. I would annex the planets if I could; I often think of that. It makes me sad to see them so clear and yet so far."
Rhodes was born in 1853 in Bishop's Stortford, Hertfordshire, England. He was the fifth son of the Reverend Francis William Rhodes, a Church of England vicar who prided himself on never having preached a sermon longer than 10 minutes, and his wife Louisa Peacock Rhodes. He had many siblings, including Francis William Rhodes, an army officer.
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