5 weeks ago I wrote that this happy Zimbabwean was holding six 10 million Zimbabwe dollar notes. That was on the day the exchange rate hit 10 million Zimbabwe dollors to �1 so each note was worth �1. Now, just 5 weeks later, the exchange rate is 40 million Zimbabwe dollars to �1. Now he’s holding 25p notes!
I’ll try and do a monthly update on the value of this chaps money.
P.S. Just after posting this a new rate was announced …… 53 milliom to �1. So those notes are now worth less than 20 pence each!
Not quite. 5 weeks ago he had £ 6.00 which was fine. When I next posted he had £1.50 which is just enough for a £1.00 Megabus ticket plus 50p booking charge. The same day the value dropped to less than £1.20 which wont get you a Megabus ticket to anywhere :-(
well at least he still has enough for a megabus ticket (laughs)