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5 ZiG
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2024 |
| Type | Non-circulating banknote |
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|---|---|
| Obverse lettering | ZiG5 RESERVE BANK OF ZIMBABWE ZiG5 I promise to pay the bearer on demand 5 for the Reserve Bank of Zimbabwe Harare 2024 |
| Reverse description | A central vignette on a rose-pink guilloche ground illustrates molten gold being poured from a crucible into a mould atop a stacked pyramid of twelve gold ingots, evoking Zimbabwe's gold reserve backing. Denomination numerals appear at left and right, with the issuer name across the upper register. |
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| Comments |
The ZiG — short for Zimbabwe Gold — was introduced in April 2024 as Zimbabwe's sixth attempt at a stable currency since the hyperinflationary collapse of the original dollar in 2009. Unlike its immediate predecessor, the RTGS dollar, the ZiG was explicitly pegged to and backed by a basket of foreign currency and physical gold reserves held by the Reserve Bank. Whether that backing holds in practice remains an open question given the country's monetary history.
Paper composition is notable here: Zimbabwe moved to polymer for several earlier issues precisely because of counterfeiting concerns, making a return to paper stock worth flagging for collectors tracking the series.