Bank.notes

Types 🇿🇼 Zimbabwe

10000000000 ZWD #619

Hyperinflation series (2008–2009) · issued 2008 · P-85 · common

Type details

Country Zimbabwe
Currency ZWD
Denomination 10000000000
Series Hyperinflation series
Series year 2008
Series range 2008–2009
Issue year 2008
Issuer Reserve Bank of Zimbabwe
Signatures Governor: Dr. G. Gono
Printer Giesecke+Devrient
Reverse subject Balancing Rocks (Epworth or Matopos formation)
Themes agriculture,industry
Watermark Zimbabwe Bird in clear field
Security features thread, microprint, intaglio, latent_image
Colour palette #f5deb3,#9370db,#1a1a1a
Material paper
Dimensions (mm) 145x70
Language / script Latin
Languages en
Pick # P-85
Rarity common
Legal status demonetized
Legal status date 2009-04-12
Predecessor currency Third Zimbabwean dollar (revalued)
Successor currency Multi-currency regime (USD, ZAR, etc.)
Era 1990_present
Default value (low) 3.0
Default value (high) 8.0
Value currency USD

Front

Agricultural and industrial scenes representing Zimbabwe's economy: left panel shows harvesting of crops (likely cotton or tobacco) with basket, right panel depicts a weaver or craftsperson working at a loom or traditional craft station. These motifs symbolize the agricultural base and artisan industry that were central to Zimbabwe's economy before the hyperinflation crisis. The imagery reflects the government's attempt to maintain normalcy and economic optimism during the period of catastrophic currency collapse.

Back

Balancing Rocks (also known as balanced rocks or kopjes), one of Zimbabwe's most iconic natural geological formations found at sites including Epworth near Harare and the Matopos Hills. These precariously stacked granite boulders are a symbol of Zimbabwe's unique landscape and have appeared on Zimbabwean currency since the Rhodesian era. The formation represents natural balance and stability—an ironic symbol given the hyperinflationary context of this note's issuance.

History

This 10 billion dollar note was issued in 2008 during Zimbabwe's catastrophic hyperinflation period, one of the worst currency collapses in recorded history. The Reserve Bank of Zimbabwe, under Governor Gideon Gono (who served 2003–2013), issued increasingly large denominations as inflation spiraled out of control, reaching an estimated 89.7 sextillion percent month-on-month by mid-November 2008. The note is dated 'HARARE 2008' on the back. This particular denomination represents the third redenomination (the second dollar, ZWD): 1 new dollar = 10 billion old dollars. The currency was eventually abandoned in April 2009 when Zimbabwe adopted a multi-currency system using the US dollar, South African rand, and other foreign currencies. The serial prefix 'AA' indicates an early print run within this denomination. Despite the astronomical face value, these notes had virtually no purchasing power even when issued—by late 2008, this note might have bought a loaf of bread or a few eggs. Today these hyperinflation notes are widely collected as historical artifacts documenting economic collapse. Dr. Gideon Gono's signature appears on all notes from this era.

Linked specimens (1)

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