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Home  >  World  > Africa  > Zimbabwe

Money

Currency: Zimbabwe Dollar (Z$) = 100 cents. Notes are in denominations of Z$500, 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.

Currency exchange: Major foreign currencies can be exchanged at 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. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.

Travellers cheques: Banks and major hotels will exchange these. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling.

Currency restrictions: The import and export of local currency is limited to Z$2000. The import of foreign currency is unlimited, subject to declaration. The export of foreign currency is unlimited as long as supported by the visitor’s currency declaration form.

Exchange rate indicators
The following figures are included as a guide to the movements of the Zimbabwe Dollar against Sterling and the US Dollar:


DateMay ’02Aug ’02Nov ’02Feb ’03
£1.00=80.8184.3387.6987.89
$1.00=55.4555.4555.4555.20


Banking hours: Mon-Tue and Thurs-Fri 0800-1500, Wed 0800-1300 and Sat 0800-1130.


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