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COS, HOG, Prez:
Emmerson
MNANGAGWA

28.8.2018 >

NYIKA yeZIMBABWE, Zimbabwe Banknotes, 1980 > Issues

NYIKA yeZIMBABWE
The Republic of Zimbabwe

History:  <1888 Ndebele Kingdom; 1888 Matabeleland/Zambesi; 1895 RHD Protectorate;
1923 SRH; 1953 RHN; 1964 RHD; RHD; Zimbabwe independence declared 12.4.1980
The first banknote attritutable to Zimbabwe was issued in 1980
Currency History:
1888 GBR Currency; 1920 ZAF; 1940 SRH; 1956 RHN; 1964 RH
D; ZWE 1980-2009; 2009 >USD/ZAF Rand ;2019  


For related issues see Southern Rhodesia from 1.10.1923 until 1.8.1953,
Rhodesia & Nyasaland from 1.8.1953 to 31.12.1963
Colony of Rhodesia 24.10.1964,
Rhodesia (Independent) 11.11.1965,
Republic of Rhodesia 2.3.1970
Colony of Zimbabwe Rhodesia 12.12.1979

Current Issues

ZiG Exchange Rate

  The starting exchange rate shall be determined by the prevailing closing interbank exchange rate as at 5 April and the London PM Fix price of Gold as at 4 April 2024.

30,871 Zimbabwe Dollars (ZWL) =
$1.00 USA (USD) on 16.4.2024

    Current Exchange Rates
New P.New ZiG1 - ZiG200 2024 Reserve Bank of Zimbabwe
All Issues

-Page

Catalog
Numbers
Denominations Dates

Issuing Authority

ZIMBABWE 1980-94 1 P.1 - P.4 2 - 20 Dollars 1980 - 94 Reserve Bank of Zimbabwe

REPUBLIC OF ZIMBABWE

Republic of Zimbabwe 17.4.1991
ZIMBABWE 1994-2004 5 P.5 - P.12 5 - 1,000 Dollars 1994-2003 Reserve Bank of Zimbabwe

EMERGENCY BEARER CHECKS

ZIMBABWE, 2003 13 P.13 - P.14 5,000 - 10,000 Dollars 2003 Standard Chartered (Bank)

EMERGENCY TRAVELLERS CHECKS

ZIMBABWE, 2003 15 P.15 - P.20 1,000 - 100,000 Dollars 2003 Reserve Bank of Zimbabwe

EMERGENCY BEARER CHECKS

ZIMBABWE, 2003 Bearer Checks 21 P.21 - P.23 5,000 - 20,000 Dollars 2003 Reserve Bank of Zimbabwe

EMERGENCY CARGILL BEARER CHECKS

ZIMBABWE, 2004 24 P.24 - P.27 10,000 - 100,000
Dollars
2004 Standard Chartered (Bank)

BEARER CHECK ISSUES

ZIMBABWE, 2006 Bearer Checks 28 P.28 - P.32 50,000 - 100,000 Dollars 2006 Reserve Bank of Zimbabwe
ZIMBABWE, 2006-07 33 P.33 - P.49 1 Cent - 200,000 Dollars 2006-07 Reserve Bank of Zimbabwe
ZIMBABWE, 2007-08 50 P.50 - P.60 250,000 - 500 Million Dollars 2007-08 Reserve Bank of Zimbabwe

SPECIAL AGRO-CHEQUES

ZIMBABWE, 2008 61 P.61 - P.64 5 - 100 Billion Dollars 2008 Reserve Bank of Zimbabwe

DEMAND NOTES

ZIMBABWE, 2007-08 65 P.65 - P.71 1 - 1,000 Dollars 2007 Reserve Bank of Zimbabwe
ZIMBABWE, 2008 72 P.72 - P.83 10,000 - 1 Billion Dollars 2008 Reserve Bank of Zimbabwe
84 P.84 - P.89 5 - 100 Billion Dollars 2008(2009) Reserve Bank of Zimbabwe
ZIMBABWE, 2009 90 P.90 - P.96 1 - 500 Trillion Dollars 2008(2009) Reserve Bank of Zimbabwe
ZIMBABWE, 2009 REVALUED 97 P.97 - P.103 1 - 500 Dollars 2009 Reserve Bank of Zimbabwe
As of 2009 Zimbabwe Dollars were no longer accepted in Zimbabwe. US Dollars and S.A. Rand circulate in parallel.
99 P.99 - P.104 2 - 20 Dollars 2016-20 Reserve Bank of Zimbabwe

Gold Backed Central Bank Local Currency

New P.New 1 - 200 ZiG 2024 Reserve Bank of Zimbabwe
           

BACKGROUNDER
Zimbabwe's latest iteration of their currency banknotes are called ZiG for Zimbabwe Gold backed currency, which the Central Bank described as a Local Currency as this currency will operate in parallel with currencies from the USA, GB, Japan, etc.

RTGS - Real Time Gross Settlement Dollars. Released on Wednesday February 20, 2019 their previous BOND notes continue to circulate but are no longer pegged to the US Dollar and are intended to trade at 2.5 RTGS Dollars to $1 USD.

The first banknotes of predecessor Southern Rhodesia (1895) were authorized by the Cape of Good Hope and printed in the territory in 1896 by the Argus Company for The Standard Bank.

The Marshall Hole Notes (cards with postage stamps) were used during the currency shortage of the Boer War (1899-1902). Commercial banknotes then became the legal tender from 1922 -1942. (The 'Rhodesian issue' of the Standard Bank of South Africa Ltd and Barclays Bank D.C. & O were the last commercial bank issues).

Currency notes then became the legal tender, issued by the Southern Rhodesian Currency Board from 1940, the Central Africa Currency Board from 1953 and the Bank of Rhodesia and Nyasaland from 1956 until 1965.

In 1964, the Reserve Bank of Rhodesia, the Bank of Zambia and the Reserve Bank of Malawi (as central banks) became individually responsible for their own countries' banknotes with a decimal currency being adopted in 1970 by the Reserve Bank of Rhodesia.

The Reserve Bank of Zimbabwe introduced a new series of banknotes at Independence in 1980.

Banknotes ranged from as small as 9.2 x 5.7cm to as large as 18.4 x 17.1cm. Colours included shades of green, brown, blue, red, purple and grey with images on the front and back of portraits of historic figures, significant scenes or flora and fauna of the country. The 10 shillings, 1 pound and 5 pounds denominations were added to in 1953 with the 10 pound note. These were replaced by the $1, $2, $5 and $10 notes in the 1970s and the $2, $5, $10 and $20 notes in the 1980s.

1994-1995 saw the $50 and $100 notes with a new design format, pastel colours and improved security and handling qualities. New $5, $10 and $20 banknotes are planned for 1997 and 1998.

In 2009 Zimbabwe began the issue of 10 - 100 Trillion Dollar banknotes.

The official exchange rate on 31.1.2009 was ZWD 7,039,188,034 per USD $1. The inflation rate for 2008 was reported as 11,200,000%.

A new family of banknotes with the removal of 12 zero's were started to be issued in mid-February 2009. Denominations of 1,5, 100, 20, 50, 100 and 500 Dollars are planned. These new notes had an interbank exchange rate of ZWD 53.00 to US$1 on 16.2.2009.

It has been reported that the Central Bank issued a notice stating that no current or previous issues of Zimbabwe currency will be honored, however currency of any other country can be used in Zimbabwe for the next year.

The above information is from the Zimbabwe Central Bank website and the CIA World Factbook.


ZIMBABWE LINKS

Central Bank

ZiG Info
Central Bank - Reserve Bank of Zimbabwe

Zimbabwe

Zimbabwe - Wikipedia

CIA World Factbook - Zimbabwe

CIA World Factbook - Zimbabwe