Bank.notes

Collection Zimbabwe #669

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20000000000 ZWL

Zimbabwe 2008 1990_present UNC P-86 Needs review ✦ AI 55%
mismatched_pair
Front · IMG_7535.HEIC cropped
Back · IMG_7536.HEIC uncertain
Pair check: not yet checked
Identity

Where & when

Country Zimbabwe
Currency ZWL
Denomination 20000000000
Series name Third Dollar hyperinflation series
Series year 2008
Issue year 2008
Era 1990_present
Legal status demonetized
Predecessor currency Zimbabwe Dollar (second)
Successor currency Multi-currency system (primarily USD, ZAR)
Subjects & design

What's on the note

Front portrait
Reverse subject Balancing Rocks (Chiremba Balancing Rocks)
Watermark Zimbabwe Bird in clear field
Color palette #d4a574,#8b9c7a,#f5e6d3
Themes architecture,indigenous_culture
Language / script Latin

Front: This note bears the national coat of arms of Zimbabwe at upper left, featuring the Zimbabwe Bird, a pickaxe and hoe crossed below a torse, and the motto "Unity Freedom Work". The front displays the denomination "10 RAND" from a South African Reserve Bank note that appears to have been erroneously paired with this Zimbabwean reverse. The South African note features Nelson Mandela (1918–2013), anti-apartheid revolutionary and first democratically elected President of South Africa (1994–1999), honored on South African currency since 2012.

Back: Chiremba Balancing Rocks (also known as Epworth Balancing Rocks), a natural geological formation of precariously stacked granite boulders located near Harare, Zimbabwe. These rocks have become an iconic national symbol, representing stability and balance, and appear on various Zimbabwean banknotes and the old Zimbabwean dollar coins. The rocks are part of Zimbabwe's rich geological heritage of granite kopjes formed over millions of years through weathering and erosion.

Production

How it was made

Issuer Reserve Bank of Zimbabwe
Issuer (native)
Printer
Engraver
Material paper
Dimensions (mm) 145x72

Signatures: Governor: Dr. G. Gono

Security features: thread, microprint, latent_image, intaglio

Geography

Zimbabwe in Africa

Zimbabwe in Africa. Other countries on the same continent shown in muted grey.

The story

Background & history

This appears to be a mismatched pair: the front shows a South African Reserve Bank 10 Rand note from the Nelson Mandela series (introduced 2012–2013, still in circulation), while the back shows a Reserve Bank of Zimbabwe 20 Billion Dollar note from 2008. The Zimbabwean note was issued during the peak of Zimbabwe's catastrophic hyperinflation (2007–2008), when the country experienced one of the worst cases of hyperinflation in recorded history, with inflation rates reaching billions of percent per year. The Third Zimbabwe Dollar (ZWL, August 2008–February 2009) saw denominations escalate from millions to trillions within months. Signed by Dr. Gideon Gono, Governor of the Reserve Bank from 2003–2013, who presided over the printing of increasingly large denominations in a futile attempt to keep pace with inflation. The currency was officially demonetized in April 2009 when Zimbabwe adopted a multi-currency system. These hyperinflation notes are now collectible reminders of economic collapse. The P-86 20 Billion Dollar note is readily available on the collector market given the massive quantities printed.

Catalogue

Collector references

Pick # 86
Krause ID
Rarity tier common
Series range 2008–2009
Provenance

How it came to me

Acquired date
Acquired from
Acquired price
Currency
Condition
Grade UNC
Serial number AA5668377
Serial prefix AA

Both notes appear uncirculated with sharp corners and no visible wear

Valuation

What it's worth now

$1–$5
Type default range $1–$5
Valuation history (1)
datelowhighcurrencysourcenote
2026-05-10 07:51:10 1.0 5.0 USD ai from claude-sonnet-4-5
Technical

History & extractions

AI extractions (2)
anthropic · claude-opus-4-5 2026-05-10 07:51:10
status: ok · step 2 · $0.1812 · 7363↓ + 943↑ tokens
anthropic · claude-sonnet-4-5 2026-05-10 07:51:10
status: ok · step 1 · $0.0419 · 7363↓ + 1319↑ tokens
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