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2 Dollars Bond Note
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2016 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#99 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | RESERVE BANK OF ZIMBABWE BOND NOTE 2 TWO DOLLARS |
| Signature(s) | Log in to see details |
| Protection type | Log in to see details |
| Protection description | Embedded security thread running vertically through the note; watermark visible when held to light; the obverse numeral "2" shifting between green and gold. |
| Variants | Log in to see details |
| Comments |
Zimbabwe's bond notes were introduced in November 2016 as a surrogate currency, officially pegged 1:1 to the US dollar despite the country having no meaningful foreign reserve backing to sustain that rate. The Reserve Bank framed them as an export incentive scheme — a fig leaf that satisfied almost no one. Within months of introduction, bond notes were trading at a discount on the parallel market, and by 2019 the fiction of parity had formally collapsed.
Fidelity Printers and Refiners, a Reserve Bank subsidiary, produced the notes domestically — an unusual arrangement driven by necessity after Zimbabwe's international creditworthiness made foreign printing contracts difficult to arrange.