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100 000 Dollars Emergency Bearer Cheque
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2006 |
| Type | Standard circulation banknote |
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| Obverse description | The obverse carries the Reserve Bank of Zimbabwe logo at upper left, accompanied by a vignette of the Flame Lily (Gloriosa superba), Zimbabwe's national flower. The face value ONE HUNDRED THOUSAND DOLLARS is stated in full within the bearer cheque text block, which specifies the issue date of 1st June 2006 and a redemption deadline of 31st December 2006. The denomination figures $100 000 appear at upper left and upper right against a guilloche underprint. |
|---|---|
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| Signature(s) | Dr. Gideon Gono (Sig.8) |
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| Comments |
Zimbabwe's 2006 bearer cheques were a bureaucratic workaround — the Reserve Bank lacked the legal authority under existing statute to issue banknotes of this value, so the instruments were classified as cheques, which fell under different regulatory provisions. The distinction was largely fictional in practice; they circulated exactly as banknotes.
By the time P#32 entered circulation, annual inflation was already well above 1,000%. The 100,000-dollar denomination, which would have been extraordinary a year earlier, was obsolete within months of issue.