Catalog
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| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2016-2017 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Bimetallic: nickel plated steel centre in brass ring |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Reverse description | Log in to see details |
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| Reverse lettering | · ONE DOLLAR · 1$ BOND COIN |
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| Additional information |
Zimbabwe's bond coins were introduced in late 2014 as a stopgap after the country abandoned its own currency in 2009 following the hyperinflationary collapse that peaked with the hundred-trillion-dollar note. Officially pegged one-to-one with the US dollar, the bond coins were never legal tender outside Zimbabwe and quickly attracted a black-market premium as US dollar coins — which they nominally replaced in small-change transactions — disappeared from circulation through hoarding.
By 2016–2017, public trust in the parity claim was already eroding, anticipating the bond note crisis that would accelerate through 2018–2019.