US dollars in Zimbabwe – level 1

US dollars in Zimbabwe

31-01-2023 07:00

Zimbabwe has two types of money. One is the US dollar. The other is the Zimbabwean dollar.

Since 2019, people use the Zimbabwean dollar again. They like the US dollar better. The country doesn’t have enough US notes. People fix this problem.

People fix old notes. Some of them are torn. Torn is when they are in several parts. People should take them to a bank. Banks must change these notes for new ones.

People sell money on the black market. They do not believe the banks anymore. The banks lose their savings. High inflation makes them lose money.

Difficult words: note (a piece of paper money), black market (buy and sell things which are against the law), inflation (when prices grow and people buy less).

You can watch the original video in the Level 3 section.

Since when has the Zimbabwean dollar been in use again?

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