On august 1 2006 zambabwe changed the value of the zim, Ask an Expert

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On August 1, 2006, Zambabwe changed the value of the Zim dollar from Z$101/U.S.$ to Z$250/U.S.$

a. What was the original U.S. dollar value of the Zim Dollar?
b. By what percent has the Zim dollar devalued (revalued) relative to the U.S. dollar?
c. By hat percent has the U.S. dollar appreciated (depreciated) relative to the Zim dollar?

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9873139

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