 In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple currency system and replaced it with a new Zimbabwe dollar based on the RTGS Dollar.The Zimbabwean dollar's predecessor, the Rhodesian dollar, was essentially equal to half of the value of the pound sterling at the time of its adoption (during the decimalisation of 1970).