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Zimbabwe Currency

Zimbabwe Economy Update

October 2018

Zimbabwe still experiences extreme cash shortages. So we advise, as usual, for you to bring enough cash and in small denominations.

Visa and MasterCard credit cards are accepted at most outlets but American Express, Dinner's and Discover cards are still widely not accepted. We advise folks coming to Zimbabwe to make sure that their cards work in Zimbabwe by contacting their bank or card company. Please note that only national parks fees for entering the Victoria Falls Rainforest may be paid for with a card, but the other parks or river fees must be paid for in cash.

Local Zimbabweans are having a torrid time as the banking system is in a mess and the local interim currency, the bond note has collapsed. This does NOT affect foreign travellers staying at hotels, you will not really even be aware of the problem. If you are self catering or self drive, you will experience problems as there are fuel and supply shortages.

See the rest below regarding travellers' cheques and paying in currencies other than the US dollar.

Zimbabwe Money Matters

As a nation Zimbabwe is one of the poorest countries in the world, however as a tourist visiting our country you are unlikely to witness this. The economy is in tatters and basically the country is bankrupt but in tourist centres like Victoria Falls it looks like boom town, which in effect it is as tourism is flourishing. However it is critical that you are aware of some important factors detailed below that will ensure that you don't have any problems when visiting.

The Zimbabwe Dollar

The US dollar is now the official currency of Zimbabwe, things are no longer priced in Zimbabwe dollars as it does not exist. Although there are local bond notes in circulation these bond notes have a 1 to 1 value with the US Dollar. They can be used for any purchases in Zimbabwe but are worthless outside the country. So if you are given a bond note as change make sure you spend it whilst in the country.

Credit Cards

Almost all hotels, shops, restaurants and activity operators now accepts credits cards; MasterCard and Visa only - NOT American Express. However as with everywhere occasionally a card machine won't work so it's always best to have a reserve of cash in these instances.

Best advice is to book and pay for as much as you can in advance so that you don’t have any problems whilst here.

If you would rather book and pay for everything before you go Please see our Payment Page for more details.

Entry Visas at the ports of entry can be paid for by card but again occasionally the machine or your card won't go through so a reserve is advisable. The exact same applies to entrance fees for the Victoria Falls rainforest.

Cash and ATM machines

All banks have ATM machines however there is a CRITICAL shortage of hard cash within the country. You must bring enough cash with you, as there is none available in the ATM's.

You will need cash for National Park fees if you are doing any activities like helicopter flights, sunset cruises, rafting, game drives etc please check with your booking agent for details. Also for curio purchases, or any purchases of a small amount that don’t warrant a credit card fee transaction.

Plus you must have a cash reserve for when a credit card transaction fails as mentioned in the credit card section above.

Travellers Cheques

Are NOT accepted.

South African Rand, Sterling, Euro and Botswana Pula

Please be aware that everything is priced in US Dollars. You can pay for things in Sterling, Euro, Rand or Pula but some places when converting will give you shocking exchange rates. 

Overall Advice:



* Carry mostly small denominations of currency. This makes paying for small purchases like curios easier, as change is not always available.

End of this Zimbabwe Currency update

*Please Note* The information below is now outdated and no longer applies it is kept here merely as a record. The information above this line is current.

20th January 2009

Zimbabwe Currency In Brief

Zimbabwe’s economy as you probably already know is rated as the worst in the world, with inflation in the millions of percent. It is extremely difficult for anyone from a stable economy to actually comprehend the scale of this.

So before travelling it is absolutely vital that you have a clear understanding of how things work. My best rule of advice here is **Don't deal in Zimbabwe Money**, that way you avoid the risk of getting conned at the wrong exchange rate.

The rate of exchange changes vastly every day, often doubling in one day. It is impossible to keep up.

Almost everything is now priced in US Dollars, but make sure that you carry enough small denominations. Rand, Pula and Euros are readily accepted at the relevant exchange rate to the USD. There are no US cents so items are priced $1, $2, $3, $10 etc

**Don’t rely on Credit Cards** most places won’t accept them and you cannot access cash via ATM machines or the Banks. Zimbabwe Dollar Credit card transactions will be billed to you at the official rate which will end up making your holiday an extremely expensive one.

** TAKE CASH WITH YOU ** US$-Rand-Pula-Euros are readily accepted


Zimbabwe Currency in Detail.  - *Please Note* The information below is now outdated and no longer applies it is kept here merely as a record.

* Most organisations have now bought a US Dollar Licence from the Zimbabwe government. This allows them to legally trade in US Dollars (not sure that the US government is happy with this) but anyway this is why prices are now allowed to be displayed and charged in USD

* There are two exchange rates in Zimbabwe. The official and the black market rate. The differential between these is sometimes vast. The government controls the official rate. The black market rate is the rate used on the streets and is the more realistic value of the Zimbabwe currency.

* It is illegal to exchange money on the black market and if you get caught you could face criminal charges. We do not condone this exchanging of money but the official rate is so often out of touch that paying in this way would make things too expensive. That is why I suggest avoiding exchanging money and pay for everything in international currency.

* You will be approached many times over by local traders on the streets to exchange into Zimbabwe dollars. Be extremely cautious and only do very small amounts at a time, these guys are very streetwise and the chances are that unless you are completely savvy with the current rate you will get taken for a ride. They also have numerous tricks such as fake notes stuck in the middle of a bundle notes, or asking if they can recount the bundle, then they exchange it for another bundle. Be warned!!!

* If you are ever quoted a price in Zimbabwe currency make sure that they relate that back to you in a currency you can understand. Dealing in billions of dollars is too mind boggling for most people.

* MasterCard does not operate in Zimbabwe and Visa is set to withdraw. Some hotels do have this facility; however it is important to check with them first. As a foreigner you will be billed in international currency so using your card in this instance would be fine. Using a credit card for an item priced in Zimbabwe currency however will be converted back to hard currency at the official rate, which means that this will cost you a lot of money.

* Try a much as you can to pay for your accommodation and activities in advance through your booking agent. If you want to pay on arrival, a good idea is Traveller Cheques these will be accepted by all the major hotels. Drinks and meals at your hotel will be charged in international currency and will need to be settled on departure so again have cash or travellers cheques.

* Paying for everything in advance is not always possible, there might be some activities that you’re not sure whether you want to do at this stage. So make sure you take enough international cash with you. I have seen too many disappointed people who have come all this way and then can’t do what they want because they can’t pay for it. Remember no ATMs and no Banks just yet.

* Carry mostly small denominations of currency. This makes paying for restaurant bills and curios easier. If you only have large denominations your change will often be given to you in Zimbabwe dollars, you don’t want this. Carry larger denominations only for activities and accommodation that are not booked and paid for in advance.

These are only guide lines which we will endeavour to keep up to date as possible, but we cannot be held responsible for any changes. If you have any queries please send us a contact us form for the latest update on the Zimbabwe currency situation. Zimbabwe currency

Please read these reviews from travellers who have just been to Victoria Falls.

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