Hyperinflation in Zimbabwe

Hyperinflation in Zimbabwe was a period of currency

instability in Zimbabwe that, began in February 2007.

During the height of inflation from 2008 to 2009, it was

difficult to measure Zimbabwe's hyperinflation because
the government of Zimbabwe stopped filing official
inflation statistics. However, Zimbabwe's peak month of
inflation is estimated at 79.6 billion percent month-on-
month, 89.7 sextillion percent year-on-year in mid-
November 2008.

In April 2009, Zimbabwe stopped printing its currency,

with currencies from other countries being used.[2] In
mid-2015, Zimbabwe announced plans to have
completely switched to the US dollars by the end of that
year.

n June 2019, the Zimbabwean government announced

the reintroduction of the RTGS dollar, now to be known
simply as the "Zimbabwe dollar", and that all foreign
currency was no longer legal tender. By mid-July 2019
inflation had increased to 175%, sparking concerns that
the country was entering a new period of
hyperinflation. In March 2020, with inflation above 500%
annually, a new taskforce was created to assess
currency issues. By July 2020 annual inflation was
estimated to be at 737%.