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2 Dollars

Issuer Reserve Bank of Zimbabwe
Year 2019
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Printer Giesecke+Devrient (Giesecke & Devrient), Leipzig, Germany (1852-date)
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Reverse lettering RESERVE BANK OF ZIMBABWE 2 TWO DOLLARS
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Protection description the Zimbabwe Bird visible when held to light; embedded security thread running vertically through the note; optically variable numeral '2' on obverse shifting between gold and green.
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Zimbabwe's return to a domestic currency in 2019 was legally awkward — the RTGS dollar, introduced in February of that year, was initially maintained at a fictitious 1:1 parity with the US dollar before the central bank formally acknowledged the real market rate. This 2-dollar note entered circulation as part of that transition, replacing electronic bond notes that had themselves been a workaround to avoid admitting the country had been operating without a functional local currency since dollarization in 2009.

G+D's hybrid substrate was a deliberate choice given Zimbabwe's history of notes deteriorating rapidly in high-velocity circulation. The polymer-cotton composite extends note life without committing to full polymer.