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| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2008 |
| 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 | 10 000 000 RESERVE BANK OF ZIMBABWE I promise to pay the bearer on demand TEN MILLION DOLLARS for the Reserve Bank of Zimbabwe HARARE 2008 |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Colour-shifting ink applied to the Zimbabwe Bird vignette on the obverse; watermark incorporated into the paper substrate; embedded security thread running vertically through the note |
| Variants | Log in to see details |
| Comments |
By the time this note entered circulation in mid-2008, Zimbabwe's month-on-month inflation had already exceeded 2.2 million percent. The Reserve Bank's decision to print domestically through Fidelity Printers — rather than abroad, as had been common for earlier Zimbabwean issues — was partly driven by the near-total collapse of foreign currency reserves needed to pay overseas printers.
Ten million dollars bought a loaf of bread, briefly, before that too became insufficient. The note was demonetized and superseded within months by the third dollar redenomination.