In 1980 the Zimbabwe dollar ZWD was introduced. Zimbabwe become independent from Britain. The Zimbabwe dollar replaced the Rhodesian dollar. It was stronger than the US dollar – approximate value 1 ZWD = $1.47 …Iraq as never been in the position Zimbabwe has been in. Zimbabwe doesn’t have billions of dollars of oil revenue each month…Iraq is so much more. Its economy is more stable than Zimbabwe has ever been. Yet Zimbabwe is presenting 1 ZIG = $.036 after falling in a deep hole of economic depression…Today the ZIG is more stable but the US dollar remains widely used in the country…In Zimbabwe they were given 3 weeks to exchange the old ZIM currency for the new ZIG currency which is backed by gold. :Sandy Ingram
