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100 000 000 Dollars Bearer Cheque

Uitgever Reserve Bank of Zimbabwe
Jaar 2008
Type Log in om details te zien
Waarde Log in om details te zien
Valuta Log in om details te zien
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Fidelity Printers and Refiners, Harare
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
In omloop tot Log in om details te zien
Referentie(s) Log in om details te zien
Beschrijving voorzijde Log in om details te zien
Opschrift voorzijde Log in om details te zien
Beschrijving keerzijde The reverse carries a central oval vignette in green intaglio-style print, portraying two women engaged in traditional grain pounding with mortars and pestles, set before thatched huts and a cultivated field receding into a distant hillside. The denomination '100 000 000' is printed in dark green at the upper left and lower right corners against a salmon-pink guilloche background with a wave-pattern border element at the left margin.
Opschrift keerzijde Log in om details te zien
Handtekening(en) Dr. Gideon Gono (Sig.8)
Beveiligingstype Log in om details te zien
Beschrijving beveiliging Log in om details te zien
Varianten Log in om details te zien
Opmerkingen

By mid-2008, Zimbabwe's month-on-month inflation had exceeded 11,000,000%, and the Reserve Bank had lost the capacity to issue notes fast enough to be useful. The "bearer cheque" format — technically a negotiable instrument rather than a banknote — was a legal workaround that allowed Fidelity Printers to push denominations into the hundreds of millions without formally restructuring the currency. It bought weeks, not months.

This 100,000,000-dollar instrument was obsolete almost immediately upon issue. The August 2008 redenomination slashed ten zeros from the currency, rendering the entire bearer cheque series worthless overnight.

MISSCHIEN OOK INTERESSANT