Catalog
1 ZiG
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2024 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Central vignette of molten liquid gold being poured from a crucible into a mould, set atop a stacked pyramid of twelve gold bars rendered in intaglio-style relief against a fine guilloche underprint in pale blue. Denomination numeral '1' appears at lower right, with the issuer name across the top. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark, Security thread |
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| Variants | Log in to see details |
| Comments |
The ZiG — short for Zimbabwe Gold — was introduced in April 2024 as Zimbabwe's sixth attempt at a stable currency since the hyperinflationary collapse of the original dollar in 2008. Unlike its predecessors, it was explicitly pegged to and backed by a physical gold reserve held by the Reserve Bank, a structural commitment no previous Zimbabwean currency had formally maintained. Whether that backing proves credible over time is the question the market has been asking since day one.
These notes entered circulation while the RTGS dollar, Bond Notes, and ZWL were still fresh in public memory — a history that made street-level confidence slow to develop regardless of any formal gold peg.