Gradually, Then Suddenly
ZIM84, 2008, 5 Billion ZWR

Slot Comment:

3rd Dollar Banknote AA Prefix $5,000,000,000

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Note Details

  

Set Details
Note Description: 5 Billion Dollars 2008
Grade: 66 EPQ
Country: Zimbabwe
Note Number: ZIM84
Signatures/
Vignettes: 		- Sign. #8
Certification #: 1539490-001
Owner: Revenant
Set Category: World
Set Name: Gradually, Then Suddenly
Slot Name: ZIM84, 2008, 5 Billion ZWR
Research: See PMG's Census Report for this Note

Owner's Description

Reuters reported the announcement of the $1 Billion, $5 Billion, and $10 Billion dollar banknotes on 19 Dec 2008 - a literal week after the last batch of notes was announced.

The Zimbabwe regular banknotes feature an image of the Chiremba balancing rock formation - three balancing rocks that are in Matobo National Park. The image of the stones was chosen as a metaphor for balancing development and environmental protection following the country’s transition from white-ruled Rhodesia to the majority black ruled Zimbabwe. The Matobo Hills are composed entirely of granite and it makes for some unique and interesting formations.

The back side of the Trillions Series banknotes all feature a pair of images that have some kind of national, cultural or economic significance to Zimbabwe. These images are different on each denomination though some of the images seem to have been used more than once on different denominations throughout the series.

The 5 Billion dollar banknote features an image of a tractor in a field and one of a cattle farmer in a barn with cows – both images that highlight the country’s agricultural sector. The image of the tractor also appears on ZIM67 (10 ZWR), and ZIM74 (50,000 ZWR). ZIM72 (10,000 ZWR) also features two images of tractors, however, neither of these matches the one on this note. The cattle farmer image also appears on ZIM70 (500 ZWR), ZIM76 (500,000 ZWR), and ZIM82 (500 Million ZWR).

While the amount of arable land in Zimbabwe is relatively small, the nation was a great agricultural producer and Zimbabwe’s agricultural industry was very well performing until 2001, when land re-distribution policies instituted by the government caused massive upheaval. At its peak agriculture was one third of national GDP. In 2015, agriculture was still about 18% of Zimbabwe’s GDP. In 2021 it was 17% of GDP, but the agricultural industry employs 60-70 of the working population.

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