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50 000 Dollars Emergency Bearer Cheque

Uitgever Reserve Bank of Zimbabwe
Jaar 2006
Type Log in om details te zien
Waarde Log in om details te zien
Valuta First Dollar (1980-2006)
Samenstelling Log in om details te zien
Afmetingen Log in om details te zien
Vorm Log in om details te zien
Drukker Log in om details te zien
Ontwerper(s) Log in om details te zien
Graveur(s) Log in om details te zien
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Beschrijving voorzijde At left, the Reserve Bank of Zimbabwe logo is printed above the denomination figures, with a vignette of the Flame Lily, the national flower of Zimbabwe, set against a guilloche underprint. The face bears the full bearer cheque text including the issuing authority, payment obligation, and validity date of 31st December 2006, with an issue date of 1st February 2006.
Opschrift voorzijde $50000 RESERVE BANK OF ZIMBABWE $50000 BEARER CHEQUE Pay the bearer on demand FIFTY THOUSAND DOLLARS on or before 31st December 2006 for the Reserve Bank of Zimbabwe Issued date: 1st February 2006
Beschrijving keerzijde Log in om details te zien
Opschrift keerzijde Log in om details te zien
Handtekening(en) Log in om details te zien
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Opmerkingen

Zimbabwe's 2006 bearer cheques were a stopgap instrument issued as the central bank struggled to keep physical currency in circulation during accelerating hyperinflation. The bearer cheque mechanism — technically a fixed-term negotiable instrument rather than a banknote — allowed the Reserve Bank to print high denominations while sidestepping certain legal constraints on note issuance. By the time this 50,000 dollar cheque was in circulation, it bought progressively less each week.

The print run of just over 12 million is relatively modest given the inflationary demand of the period, suggesting this denomination was quickly overtaken by larger emergency issues before it could saturate the market.

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