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On 2 February 2009, the Reserve Bank introduced banknotes of the fourth dollar, equal to one trillion (1 000 000 000 000 or 10 12) third dollars: the banknotes of the third dollar were supposed to lose legal tender status by 1 July 2009, but the power-sharing government of Prime Minister Morgan Tsvangirai instead suspended the Zimbabwean dollar ...
The 100 trillion Zimbabwean dollar banknote (10 14 dollars), equal to 10 27 pre-2006 dollars. On 30 July 2008, the dollar was redenominated and given a new currency code of ZWR. [23] After 1 August 2008, 10 billion ZWN were worth 1 ZWR. [23] Coins valued at Z$5, Z$10 and Z$25 and banknotes worth Z$5, Z$10, Z$20, Z$100, and Z$500 were issued in ...
Selection of 16 original un-circulated Zimbabwe notes ranging in denomination from 1 dollar to 100 trillion dollars. They are all signed by G Gono, the Governor of the Reserve Bank of Zimbabwe, in the period 2007 to 2008, who promises "to pay the bearer on demand".
At the request of the RBZ under the stewardship of its governor Dr. Gideon Gono released several series of the Zimbabwe currency. The Highest note ever printed in the world was the Z$100 Trillion note Printed by Fidelity Printers and Refinery in 2008 when the inflation rate had breached 3,840,000,000,000,000,000% by September 2008.
Despite the notes being notionally pegged to the US dollar, their value, like the former Zimbabwean dollar, is collapsing, with everyday transactions using a rate of $3 bond notes to 1 United States dollar in January 2019 and over $90 bond notes to US$1 as of November 2020. [11] As of August 2022, the conversion rate is $361.9 bond notes to US$1.
The RBZ demonetized old bank notes on 1 August 2006 and introduced a new currency. Each new Zimbabwe dollar was worth 1000 old Zimbabwe dollars. [15] The highest denominations for the new currency were 1, 10, and 100 thousand revalued dollars. A year later on 1 August 2007, he authorized a 200 thousand dollar denomination.
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