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20 Dollars

Issuer Reserve Bank of Zimbabwe
Year 2020
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Size 158 × 67 mm
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Obverse lettering RESERVE BANK OF ZIMBABWE I PROMISE TO PAY THE BEARER ON DEMAND TWENTY DOLLARS FOR THE RESERVE BANK OF ZIMBABWE HARARE 2020
Reverse description The reverse carries a vignette of Victoria Falls (Mosi-oa-Tunya — The Smoke That Thunders) on the Zambezi River, with an African elephant rendered in the foreground. The denomination in numerals and words is printed against a multicolour guilloche background.
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Zimbabwe's 2020 dollar is itself the product of an extraordinary monetary decision. The RTGS dollar — reintroduced in 2019 after the country had officially abandoned its currency in 2009 — was renamed the "Zimbabwe dollar" by statutory instrument, and this note followed as part of that reestablishment. It is a second attempt at a currency that collapsed spectacularly into hyperinflation, with the 2008 episode producing denominations that reached 100 trillion dollars before the whole system was abandoned.

Giesecke+Devrient's hybrid substrate here is the same polymer-paper composite used across several African issues of this period — more durable than pure cotton paper, cheaper than full polymer.

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