The government of Zimbabwe has announced that the Chinese yuan will become legal tender for public transactions in the southern African nation.

Chinese yuan.
Chinese yuan.

Zimbabwe abandoned its own dollar in 2009 after rampant hyperinflation, which had peaked at around 500bn%, rendered its future unfeasible. Since then a slew of foreign currencies have been given official approval for use, including the US dollar and the South African rand. Read more:

Explore related stories

African elephants - Loxodonta africana - walking past a waterhole in acacia woodlands at dawn,  Mana Pools National Park, Zimbabwe, Africa
Animal,  Bird,  Elephant,  Field,  Grassland,  Mammal,  Nature,  Outdoors,  Savanna,  Tree,  Vegetation,  Wildlife

National Parks

All you need to know about African elephants – and where to spot them in the wild

Apr 25, 2024 • 7 min read