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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 |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
| Shape | Log in to see details |
| Technique | Milled |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | ZIMBABWE 2024 |
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| Edge | Log in to see details |
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| Additional information |
Zimbabwe's ZiG — short for Zimbabwe Gold — was introduced in April 2024 as the country's sixth attempt at a stable currency since the catastrophic hyperinflation of the late 2000s. Unlike its predecessors, the ZiG was explicitly backed by a basket of foreign currencies and gold reserves held by the Reserve Bank, a structural condition the government made public from launch. Whether that backing holds under pressure remains, as of this writing, an open question — the currency was devalued by roughly 44% just six months after introduction.