| US $10 1999 | US $10 2004A |
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I can only really speculate on what US Bills would have been in circulation in Zimbabwe at the time of the dollarization and the abandonment of the 3rd & 4th dollar in 2009 and in what relative quantities. There are pictures and other things online that give hints, however.
The images from news stories at the time show mostly $1 bills - which I suppose makes sense - but you do see images of people holding up $10 and $20 bills. You can see in the photos from the time representative examples o... | Owner's Description:
I can only really speculate on what US Bills would have been in circulation in Zimbabwe at the time of the dollarization and the abandonment of the 3rd & 4th dollar in 2009 and in what relative quantities. There are pictures and other things online that give hints, however.
The images from news stories at the time show mostly $1 bills - which I suppose makes sense - but you do see images of people holding up $10 and $20 bills. You can see in the photos from the time representative examples o... |
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| SAF 20 Rand ND (2013) | ZIM 2 Dollars |
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South Africa is one of Zimbabwe’s neighbors and it has historically been one of the most stable and prosperous countries in Southern Africa. This is probably one of the reasons the South African Rand - along with the Botswanan Pula - is one of the few African currencies in the basket of currencies that replaced the Zimbabwe Dollar in domestic circulation in 2008/2009. Botswana is another neighbor of Zimbabwe, to the West.
From mid-2008 to 2010 you could usually get between 7 and 10 South Afri... | Owner's Description:
Zimbabwean Bond Notes were a form of banknote released into circulation by the Reserve Bank of Zimbabwe (RBZ). The notes were stated to not be a currency in themselves. Rather, they were classed as “legal tender near money” and were pegged equally to the United States dollar (USD). The release of these bond notes followed the earlier release of some “bond coins” released in 2014. Some sources call them “quasi-currency,” and they were dubbed the “Zollar.”
The $2 bond notes were first released ... |
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| ZIM 5 Dollars | ZIM 2 Dollars |
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The bond notes would be the last attempt by the government of President Robert Mugabe, who “resigned” in 2017, after holding the office since 1987. On Nov 15, 2017, after more than a year of protests, he was placed under house arrest by the national army in a coup d’etat. Four days later his party, ZANU-PF, sacked him as party leader and appointed the Vice President, Emmerson Mnangagwa, in his place. He resigned on Nov 21, two days later, before impeachment proceedings could be concluded.
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Former Finance Minister Tendai Biti did not get the demonetization of the Bond Notes that he had argued in favor of in 2018.
On 2/20/2019 the “Zollar” “quasi-currency,” pegged to the US dollar at a 1:1 ratio, represented by the bond notes, became the official currency of Zimbabwe – called the RTGS dollar, consisting of the bond notes and electronic money. The Bond Notes and electronic money would be converted or merged into the new currency with a 1:1 parity and then they would float against ... |
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| ZIM 5 Dollars | ZIM 10 Dollars Pick Unlisted 2020 |
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The government announced yet another new currency was coming in June 2019 and said, in October 2019, that new $2 and $5 notes for the new currency would be coming in November 2019. Inflation, ever present with Zimbabwean currency, was over 300% in October 2019 - the loss of the peg to the US dollar had caused the value of the bond notes and the RTGS dollar to collapse. This led to shortages of foreign currency, fuel, and food. The ‘new’ currency, called the Zimbabwe dollar, used the currency cod... | Owner's Description:
The Reserve Bank of Zimbabwe announced in mid-May 2020 that new $10 and $20 bank notes would be released at the end of May and the first week of June, respectively. A Boeing 747 arrived in Harare from Leipzig Germany on the morning of May 14th, 2020 and unloaded 66 tons of bank notes – think about that! 66 tons of cash! While the RBZ does not disclose who does their printing, it is speculated, based on this, that the Leipzig Branch of Munich’s Giesecke & Devrient is making these notes for the RB... |
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| ZIM 20 Dollars Pick Unlisted 2020 | ZIM 100 Dollars 2020 |
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After the events of early and mid-2021, I was just waiting for the official news that this currency is dead, this series is done, and this was the last note in it. As it turned out, I was wrong! There would be a $50 note and a $100 note - but that comes later.
By mid-Nov 2020 the people of the country seemingly had decided that they didn't care about the local currency or threats from the government with a ban of the use of foreign currency in domestic commerce. There was once again a cottag... | Owner's Description:
The Reserve Bank of Zimbabwe announced in early April 2022 that they would be releasing a new $100 bill. At the time, inflation was running about 6-7% a month and about 66-72% a year – in fairness, that is actually lower than it had been and inflation had apparently been on a downtrend for a while at this point. But that is faint praise given that it was starting to notch back up and 70% annual inflation is still problematic to put it politely. The RBZ committee at the time talked about how it n... |
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