On August 1 2008, Zimbabwe issued a new version of Zimbabwe banknotes. The new version of paper money has removed 10 zeros, from 10 billion yuan to 1 yuan, and the paper money has been greatly slimmed down. If we consider that three zeros have been cut off in 2006, Zimbabwe's paper money has actually been cut off by 13 zeros, which is equivalent to the current 1 SGD = 10,000,000,000,000 (10 trillion).
At present, RMB 1 yuan can be converted into NZD 7.68478, which means RMB 1 yuan is NZD 76 trillion (exchange rate 1 in September 2008).