The basic unit of currency for Zimbabwe is the Zimbabwean dollar (ZWL$).

After a period of hyperinflation, the government of Zimbabwe abandoned the Zimbabwean dollar in 2009 and adopted a multi-currency system, with the US dollar, South African rand, Euro, and British pound being widely used. However, in June 2019, the Reserve Bank of Zimbabwe reintroduced the Zimbabwean dollar as the country's sole legal tender, aiming to regain control over its monetary policy.

The Zimbabwean dollar is denoted by the symbol ZWL$ and is divided into cents, with coins available in denominations of 1, 5, 10, 20, and 50 cents, and banknotes in denominations of 2, 5, 10, 20, and 50 dollars.

Since the reintroduction of the Zimbabwean dollar, the country has faced significant challenges in stabilizing its economy. Inflation rates have soared, causing the value of the currency to depreciate rapidly. To combat this, the government has implemented various measures, including currency reforms and foreign exchange controls.

For visitors to Zimbabwe, it is important to be aware of the currency situation and any recent developments. It is advisable to carry US dollars or other foreign currencies when traveling to ensure ease of transactions and access to goods and services. However, it is essential to note that the use of foreign currencies for daily transactions within the country may not always be possible, as local businesses prefer the Zimbabwean dollar.

When exchanging money in Zimbabwe, it is recommended to use authorized foreign exchange bureaus or banks to ensure fair rates and avoid counterfeit currency. It is also important to keep up to date with the official exchange rates provided by the Reserve Bank of Zimbabwe.

Overall, the Zimbabwean dollar is the basic unit of currency in Zimbabwe, although its value has been highly volatile in recent years. Understanding the currency situation and staying informed about any changes or developments is crucial for both residents and visitors to the country.

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