Read this article and answer this question On 1 April 2007, the parallel market was asking ZWD 30,000 for $1 USD. By year end, it was down to about ZWD 2,000,000. On 18 January 2008, the Reserve Bank of Zimbabwe began to issue higher denomination ZWD bearer cheques (a banknote with an expiry date), including $10 million bearer cheques - each of which was worth less than US $1.35 (70p Sterling; 0.90 Euro) on the parallel market at the time of first issue. On 4 April 2008 the Reserve Bank of Zimbabwe introduced new $25 million and $50 million bearer cheques. At the time of first issue they were worth US$0.70 & US$1.40 on the parallel market respectively.
What has a higher value, 1 USD or 1 ZWD?
1 USD
The goal of this problem is to compare the value of 1 USD and 1 ZWD. We could conclude that based on the second paragraph, 1USD has a higher value than 1ZWD as its exchange rate with Zimbabwe dollars was growing rapidly over several years (from 30,000 in 2007 till 2 million at the end of year)..