ZIM 2 Dollars 1980 | ZIM 2 Dollars 1983 |
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Owner's Description: Unlike the US, Zimbabwe, at least at first, did not issue $1 banknotes. They had $1 coins. The US has tried to push a $1 coin on the population many times over the years now, but it never works because they keep giving us $1 banknotes.
The hyperinflation of the early-21st century would eventually force them to issue not only $1 notes but also fractional notes because they couldn’t afford to make the coins, but that would not come for another 20 years.
I think the first dollar notes are... | Owner's Description: Unlike the US, Zimbabwe, at least at first, did not issue $1 banknotes. They had $1 coins. The US has tried to push a $1 coin on the population many times over the years now, but it never works because they keep giving us $1 banknotes.
The hyperinflation of the early-21st century would eventually force them to issue not only $1 notes but also fractional notes because they couldn’t afford to make the coins, but that would not come for another 20 years.
Prior to 1982, the capital city of... |
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ZIM 2 Dollars 1994 | ZIM 2 Dollars 1994 |
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Owner's Description: In late 1993, a new governor took over the Reserve Bank of Zimbabwe. As a result, the P-1 notes, in 1994, got a new date / year printed on them with a new signature. That’s about it for the differences between the P-1b and the P-1c. The P-1c is signed by Leonard L. Tsumba as the 3rd Governor of the Reserve Bank of Zimbabwe.
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 stone... | Owner's Description: The P-1d is a somewhat rarer variety than the P-1c, but when you look at the two, on the surface, they look pretty much the same. The difference between the P-1c and the P-1d is that the earlier issue uses the first version of the Zimbabwe bird watermark (A) while the later issue uses the newer, second version of the Zimbabwe bird watermark (B) that was also used in later issues, including the Series 2 notes. Zimbabwe started rolling out the Series 2 notes in 1994 and 1995 (and retired the $2 de... |
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ZIM 5 Dollars 1983 | ZIM 5 Dollars 1994 |
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Owner's Description: The Reserve Bank of Zimbabwe Act provides for a board of directors and a governor. The governor, assisted by three deputy governors, is responsible for the day-to-day administration and operations of the bank. The governor and his three deputies are appointed by the president for five-year terms that may be renewed. The governor also serves as chairman of the board. The board's membership includes the three deputies and up to a maximum of seven other non-executive directors, intended to represen... | Owner's Description: The P-2e is an interesting note (one of a few 1994 issues, along with the P-1d). It’s a somewhat rarer variety than the P-2d, but when you look at the two, on the surface, they look pretty much the same. The difference between the P-2d and the P-2e (and the difference between the P-1c and the P-1d) is that the earlier issue uses the first version of the Zimbabwe bird watermark while the later issue uses the newer, second version of the Zimbabwe bird watermark that was used in later issues, inclu... |
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ZIM 20 Dollars 1983 | ZIM 20 Dollars 1994 |
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Owner's Description: Though it might seem hard to believe, there was a time, shortly after it was introduced, when the Zimbabwe dollar was worth more than the US dollar. In 1980 the Zimbabwe dollar was introduced at a value of about US$1.47. However, 1980 was also almost the only year in which Zimbabwe experienced single digit inflation, at a whopping 7%. By the time this note was created, just 3 years later, the Zimbabwe dollar had surrendered that advantage and was mostly at parity with the US dollar. This tells u... | Owner's Description: The 1994 note (Zim4d) uses the same design as the 1983 note (Zim4c). Not much changes except the date and the name of the Governor of the Reserve Bank of Zimbabwe.
While this note comes only 11 years after the 1983, by the time it was made the Zimbabwe dollar had already lost most of its value against the US dollar and was now trading at about US$0.10 (10 Zimbabwe dollars were worth 1 USD in 1997). That seems like quite a slide down for such a small number of years, and it is, but it must be ... |
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ZIM 5 Dollars 1997 | ZIM 5 Dollars 1997 |
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Owner's Description: From 1991 to 1996, the Zimbabwean “ZANU-PF” government of President Robert Mugabe embarked on an Economic Structural Adjustment Program (ESAP) that had serious negative effects on Zimbabwe's economy. In the late 1990s, the government instituted land reforms intended to evict rich white landowners and place their holdings in the hands of poor “farmers.” Despite the existence of a "willing-buyer-willing-seller" land reform program since the 1980s, A minority population of white Zimbabweans (around... | Owner's Description: From 1991 to 1996, the Zimbabwean “ZANU-PF” government of President Robert Mugabe embarked on an Economic Structural Adjustment Program (ESAP) that had serious negative effects on Zimbabwe's economy. In the late 1990s, the government instituted land reforms intended to evict rich white landowners and place their holdings in the hands of poor “farmers.” Despite the existence of a "willing-buyer-willing-seller" land reform program since the 1980s, A minority population of white Zimbabweans (around... |
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