On august 8 2000 zimbabwe changed the value of the zim, Ask an Expert

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On August 8, 2000, Zimbabwe changed the value of the Zim dollar from Z$38/US$ to Z$50/US$.

a. What was the original U.S. dollar value of the Zim dollar? What is the new U.S. dollar value of the Zim dollar?

b. By what percentage has the Zim dollar devalued (revalued) relative to the U.S. dollar?

c. By what percentage has the U.S. dollar appreciated (depreciated) relative to the Zim dollar?

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Project Management, Management Studies

Category:- Project Management
Reference No.:- M92032580

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