The currency of Zimbabwe is the Zimbabwean dollar (ZWL$), which was reintroduced in 2019 after a period of hyperinflation that led to the abandonment of the previous currency. Prior to this, the country had utilized several foreign currencies, including the U.S. dollar, for transactions. The new Zimbabwean dollar was created to stabilize the economy and restore confidence in the local currency. However, the currency has faced significant challenges, including inflation and economic instability, prompting some businesses and individuals to continue using foreign currencies in everyday transactions.