Zimbabwe might see inflation reach as high as 53% this year, but it's still not as bad as what's going on in Lebanon right now, however the situation does seem to be getting worse for Zimbabwe recently.
The Zimbabwe government has been going after illegal currency dealers on social media and mobile platforms that they have blamed for a decrease in the value of the country's unit of exchange. Those in the region have been willing to pay premiums to get US dollars to use for trading, which experts suggest signals low confidence in the local currency.
The central bank has ordered banks in the region to freeze numerous accounts of those who are allegedly guilty of engaging in that illegal foreign currency trading.
The worsening currency in the region is causing alarm for people and businesses, who knows how much worse it might get. The area isn't immune to fiat currency problems, they've suffered them greatly in the past.
It looks like the country's finance minister has also recently used his social media to point people in the direction of cryptocurrency as well.