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100 Dollars Bearer Cheque

Uitgever Reserve Bank of Zimbabwe
Jaar 2006
Type Standard circulation banknote
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Opschrift keerzijde RESERVE BANK OF ZIMBABWE 100
Handtekening(en) Dr. Gideon Gono (Sig.8)
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Opmerkingen

Zimbabwe's bearer cheques were not banknotes in any orthodox sense — they were a legal workaround introduced because the Reserve Bank lacked the foreign currency to commission conventional note printing from established security printers. By 2006, Gideon Gono was managing an economy with annual inflation already running into the hundreds of percent, and the bearer cheque series allowed the bank to issue quasi-currency domestically without the formalities of full note authorization.

The $100 denomination was obsolete almost immediately upon release. Within months, larger bearer cheque denominations were being rushed out to keep pace with hyperinflation accelerating toward its eventual peak.