2019-09-18 Wed

Zimbabwe is a landlocked country in southern Africa known for its dramatic landscape and diverse wildlife, much of it within parks, reserves and safari areas. On the Zambezi River, Victoria Falls make a thundering 108m drop into narrow Batoka Gorge, where there’s white-water rafting and bungee-jumping. Downstream are Matusadona and Mana Pools national parks, home to hippos, rhinos and birdlife.

The capital and largest city is Harare. Zimbabwe has 16 official languages with English, Shona, and Ndebele the most commonly used. The Zimbabwean Dollar is the official currency of Zimbabwe.

Today we are seeing a 5 dollar banknote issued in 1994. The obverse depicts a Zebra to left and the Chiremba Balancing Rocks in Epworth near Harare to right. The reverse has a scene where women are seen preparing food near huts and a farm. This green note has the Zimbabwe Bird as its watermark and the Signature of Leonard Tsumba (Governor).

Did you know that the Zimbabwean Dollar was redenominated 4 times? Hyperinflation hit Zimbabwe so hard that the Zimbabwe dollar was reduced to one of the lowest valued currency units in the world.

Use of the Zimbabwean dollar as an official currency was effectively abandoned on 12 April 2009. In place of the Zimbabwean dollar, currencies including the South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, Chinese yuan, and the United States dollar were used.

On 24 June 2019, the Reserve Bank of Zimbabwe abolished the multiple currency system and replaced it with a new Zimbabwe dollar.

Image Courtesy: Banknotesworld.com