10000000000000 ZWL

Signatures: Governor: Dr. G. Gono

Security features: thread, microprint, latent_image, intaglio

This 10 trillion dollar note was issued in 2008 during the catastrophic Zimbabwean hyperinflation (2007–2009), when inflation reached an estimated 89.7 sextillion percent per month by mid-November 2008. The Reserve Bank of Zimbabwe, under Governor Gideon Gono, issued increasingly large denominations culminating in the 100 trillion dollar note in 2009. The Third Zimbabwean Dollar (ZWL, code 932) was introduced on August 1, 2008, at a rate of 10 billion Second Dollars to 1 Third Dollar. Despite redenominations, hyperinflation continued unabated, driven by land reform policies, loss of agricultural production, government deficit spending, and loss of confidence. The currency was officially demonetized on April 12, 2009, when Zimbabwe adopted a multi-currency system using primarily USD, South African rand, and other stable foreign currencies. These hyperinflation notes are now widely collected as historical artifacts of economic collapse. The note was printed domestically by Fidelity Printers and Refiners in Harare. The signature of Dr. Gideon Gono, who served as Governor from 2003 to 2013, appears on all notes from this era.