Catalog
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| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2003 |
| Type | Log in to see details |
| Value | 10 000 Dollars (10 000 ZWD) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ZIMBABWE DOLLAR TRAVELLERS CHEQUE RESERVE BANK OF ZIMBABWE When countersigned here by the holder in the presence of the person cashing will pay the order of Ten Thousand Zimbabwe Dollars Signature of the holder Valid only in Zimbabwe Issuer: Reserve Bank of Zimbabwe Acting Governor |
| Reverse description | The reverse is printed in pale pink and cream tones, covered entirely by a continuous fine wave guilloche pattern that serves as the primary security underprint, without any central vignette or figurative design element. |
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| Comments |
Zimbabwe's travellers cheque series of 2003 was a direct response to the collapse of the formal banking sector under hyperinflation. With commercial banks unable to guarantee liquidity, the Reserve Bank issued these cheques as a quasi-transactional instrument — they circulated alongside banknotes rather than functioning as travel instruments in any conventional sense. The 10,000 dollar denomination, enormous by pre-crisis standards, was already modest by the time most were actually used.
Pick 17 is the highest denomination in the initial travellers cheque issue. The series was short-lived; within two years, successive redenominations had rendered the entire face value economically trivial.