Mereja.Forum

[Za-Ilmaknun]

"The NBE has a plan to close the difference between the legal foreign exchange rate and the black market by 95 percent. But currently, the difference between the legal exchange rate and the black market is twofold. Officially the exchange rate is going to be $1 to Birr 113. The second comming of Zimbabwe in Ethiopia

Zimbabwe's hyperinflation, 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 (8.97*10²²) percent year-on-year in mid-November 2008.

In April 2009, Zimbabwe stopped printing its currency, and currencies from other countries were used.[2] In mid-2015, Zimbabwe announced plans to have completely switched to the United States dollar by the end of that year.

https://www.thereporterethiopia.com/37670/

https://borkena.com/2023/12/04/ethiopia ... -currency/
https://en.wikipedia.org/wiki/Hyperinfl ... n_Zimbabwe