In an attempt to keep up with the country's soaring inflation, Zimbabwe will introduce a 100 trillion dollar note.

The once vibrant and booming exporter is now left in tatters.

If the new 100,000,000,000,000 Zimbabwe-dollar bill had been exchanged on Thursday, it would have been worth about 300 US dollars trading on the informal market.

Tomorrow it is unlikely to stay the same with the value of the local currency eroding every day.

The Reserve Bank of Zimbabwe is introducing three other notes in trillion-dollar denominations of 10, 20 and 50, the government mouthpiece Herald newspaper said.

The move is designed to allow workers to withdraw their entire salaries at once, the paper said.

Just last week, the bank had introduced billion-dollar bills in denominations of 10, 20 and 50 with the same goal, but those notes are no longer large enough to keep up with hyperinflation.

According to the last official inflation estimates in July; inflation was 231 million percent.

However according to many outside experts; this figure is believed to be much higher.