Investor Glossary-zwdInvestor Glossary-zwdInvestor Glossary-zwdInvestor Glossary-zwdInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

ZWD

The HTML to link to this page
 

ZWD is the three-character currency abbreviation for the Zimbabwe Dollar based on the ISO-4217 standard codes. ZWD is the official currency of the Republic of Zimbabwe. The common usage symbol for the ZWD is Z$. The Reserve Bank of Zimbabwe is the government agency that issues the ZWD. The ZWD divides into smaller units of known as cents. One ZWD equals 100 cents. The ZWD is not considered a major currency and is not actively traded in the international currency markets. The value of the ZWD "floats" against other currencies. That is, market forces determine the value of the ZWD. Therefore, the ZWD is easily convertible into other currencies. The approximate conversion value (in late 2005) for the ZWD in US dollars is ZWD 74,882 to USD 1.



Rate this ZWD definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: Key Rate Duration, EBITDA, phantom income, debt service coverage, inflation, liquidity ratio, wholly-owned subsidiary, limit order, Zero Cost Collar, FTSE, LIBOR, required rate of return, covered put, 401a, class C shares, diluted share, annual return, APR, stock market close, VIX, current ratio, labor relations, 144a, ex-dividend date, 1035 exchange, cancelled check, per diem, implied volatility, real GDP, minority interest, margin rate, command economy, ex-dividend, quality assurance, irrevocable trust, risk management, in escrow, reverse mortgage, retained earnings, deferred tax, dividends payable, average price per share, option premium, balance sheet, open position, 1031 exchange, stock split, FICO score, deferred revenue


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2015 Investor Glossary - All rights reserved - Terms of Use