Zimbabwe's Bond Coins were introduced in December 2014 as a stopgap after the country's multi-currency system — adopted in 2009 following the collapse of the Zimbabwe dollar — produced a chronic shortage of small change. US dollar coins never circulated in sufficient quantity, and merchants routinely gave sweets or vouchers instead of cent change. The Bond Coins were pegged nominally to the US dollar but issued unilaterally by the Reserve Bank, a decision that drew immediate public suspicion given the country's recent history of currency collapse.
Zimbabwe's Bond Coins were introduced in December 2014 as a stopgap after the country's multi-currency system — adopted in 2009 following the collapse of the Zimbabwe dollar — produced a chronic shortage of small change. US dollar coins never circulated in sufficient quantity, and merchants routinely gave sweets or vouchers instead of cent change. The Bond Coins were pegged nominally to the US dollar but issued unilaterally by the Reserve Bank, a decision that drew immediate public suspicion given the country's recent history of currency collapse.