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5 ZiG
| Issuer | Reserve Bank of Zimbabwe |
|---|---|
| Year | 2024 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
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| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | ZiG5 RESERVE BANK OF ZIMBABWE FIVE ZiG 5 |
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| Protection type | Log in to see details |
| Protection description | Zimbabwe Bird and 'RBZ' watermark; colour-shifting security thread |
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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.