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50 ZiG

Issuer Reserve Bank of Zimbabwe
Year 2024
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Shape Rectangular
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Obverse lettering ZiG50 RESERVE BANK OF ZIMBABWE ZiG50 I promise to pay the bearer on demand 50 for the Reserve Bank of Zimbabwe Harare 2024
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Reverse lettering ZiG50 RESERVE BANK OF ZIMBABWE FIFTY ZiG 50
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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 Zimbabwe dollar in 2008. Unlike its predecessors, it is formally backed by a combination of gold reserves and foreign currency held by the Reserve Bank, a structural constraint designed specifically to prevent the money-printing that destroyed every earlier iteration. Whether that discipline holds is an open question the market is already testing.

The "s" suffix on the Pick reference denotes a specimen. Issued for reference and archival purposes, not legal tender circulation.

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