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100 Dollars

Issuer Reserve Bank of Zimbabwe
Year 2020-2023
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Reference(s) P#106
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Protection type Watermark, Security thread, Colour-shifting ink
Protection description Zimbabwe bird and RBZ logo electrotype watermark; windowed security thread with colour-shifting properties visible along the right margin; colour-shifting numeral on reverse
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Zimbabwe reintroduced the dollar in 2019 after a decade of dollarization, and this note belongs to that second attempt at a stable domestic currency — an attempt that almost immediately ran into the same structural problems as its predecessor. Inflation resumed rapidly, and the 100-dollar denomination, significant at launch, lost purchasing power fast enough that higher denominations followed within the same series.

Thomas De La Rue's use of hybrid substrate here reflects a practical calculation: polymer-laminated paper tends to survive the high turnover rates common in high-inflation economies, where notes cycle through hands quickly and wear out fast.