Catalog
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| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2024 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Shape | Round |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | ZIMBABWE 2024 |
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| Additional information |
Introduced in April 2024, the ZiG — short for Zimbabwe Gold — was Zimbabwe's sixth attempt at a stable currency since the catastrophic hyperinflation that destroyed the Zimbabwe dollar in 2009. Unlike its predecessors, it was explicitly backed by a basket of foreign currencies and physical gold reserves held by the Reserve Bank. Whether that backing holds under fiscal pressure remains the central question; Zimbabwe's previous "structured currency" experiments collapsed within months of launch.