Jump to content
CoinPeople.com

Zimbabwe Introduced $500 Million, $5 Billion, $25 Billion and $50 Billion Notes


nutmegcollector
 Share

Recommended Posts

$5,000 in 2003

$10,000 in 2003

$20,000 in 2003

$10,000 in 2005

$50,000 in 2006

$100,000 in 2006

Then later on in 2006 they issued the following

1,5,10,50 cent

1,5,10,20,50,100,500 and 1,000 dollars

In 2007

5K, 10K, 50K, 100K, 200K, 500K, 750K

And this year so far

1,5,10,25,50,100,250,500 million dollars

Also issue special agricultural checks in 5,25, 50 and 100 billion

Link to comment
Share on other sites

  • Replies 55
  • Created
  • Last Reply

Top Posters In This Topic

Also I can't believe the prices that these things are getting on ebay. There is currently a 50 billion bearer check at $108 with 6 days left. For a check that isn't worth the paper it is printed on. I won't bother collecting them because they are not banknotes.

Link to comment
Share on other sites

Also I can't believe the prices that these things are getting on ebay. There is currently a 50 billion bearer check at $108 with 6 days left. For a check that isn't worth the paper it is printed on. I won't bother collecting them because they are not banknotes.

 

I have got some but only gone for the ones that are cheap, there's several $100Billion Agro Cheques on there going for £40 but are only valued at 50p in real terms ;):ninja:

Link to comment
Share on other sites

$5,000 in 2003

$10,000 in 2003

$20,000 in 2003

$10,000 in 2005

$50,000 in 2006

$100,000 in 2006

Then later on in 2006 they issued the following

1,5,10,50 cent

1,5,10,20,50,100,500 and 1,000 dollars

In 2007

5K, 10K, 50K, 100K, 200K, 500K, 750K

And this year so far

1,5,10,25,50,100,250,500 million dollars

Also issue special agricultural checks in 5,25, 50 and 100 billion

 

Ah, so the "agro" cheques were designed, I take it from the name, for the farming industry. But considering the crisis over there are been used by everyone?

Link to comment
Share on other sites

Yes, except for those who are lucky enough to have other means of payment ... such as the SA rand or the US dollar. As for shooting Mugabe - not that I support or defend his regime, but maybe Mbeki can actually achieve something now. Besides, I have not heard that many calls for similar action in Sudan, even though the regime there has killed almost half a million people during the past few years.

 

By the way, I don't have any of those checks from Zimbabwe, but I have read that the values visible through the watermarks are much lower than the actual face values. The 25 billion note, for example, has a $500 watermark ...

 

Christian

Link to comment
Share on other sites

Zimbabwe Update

July 25, 2008

 

A serious cash shortage has hit Zimbabwe as the country’s economic crisis worsens each day amid reports that the Reserve Bank of Zimbabwe RBZ has completely run out of paper to print new bank notes.

 

Sources say the central bank is already mooting the introduction of a 500 billion dollar special agro cheque but the shortage of paper remains an insurmountable challenge.

 

The central bank has set $100 billion as the maximum cash withdrawal limit per day. This is enough only to buy a box of matches.

Link to comment
Share on other sites

Zimbabwe Update

July 25, 2008

 

A serious cash shortage has hit Zimbabwe as the country’s economic crisis worsens each day amid reports that the Reserve Bank of Zimbabwe RBZ has completely run out of paper to print new bank notes.

 

Sources say the central bank is already mooting the introduction of a 500 billion dollar special agro cheque but the shortage of paper remains an insurmountable challenge.

 

The central bank has set $100 billion as the maximum cash withdrawal limit per day. This is enough only to buy a box of matches.

 

Bloody hell, could they end up breaking Yugoslavia's highest note?

Link to comment
Share on other sites

zimnewseries2008.jpg

 

On August 1, 2008 Zimbabwe issued a new series of banknotes, dropping 10 zeros.

 

Actually Zimbabwe just issued a new $5 trillion dollar note disguised as $500. If you consider the 3 zeros dropped on August 2006, this $500 is really equal to $5 quadrillion (15 zeros) pre-2006 dollars.

Link to comment
Share on other sites

zimnewseries2008.jpg

 

On August 1, 2008 Zimbabwe issued a new series of banknotes, dropping 10 zeros.

 

Actually Zimbabwe just issued a new $5 trillion dollar note disguised as $500. If you consider the 3 zeros dropped on August 2006, this $500 is really equal to $5 quadrillion (15 zeros) pre-2006 dollars.

 

I take it that these are the "new notes" printed a couple of years back that were supposed to have been released back then. What's the betting we'll soon see the $1000, $5000, $10000, etc. notes

Link to comment
Share on other sites

I take it that these are the "new notes" printed a couple of years back that were supposed to have been released back then. What's the betting we'll soon see the $1000, $5000, $10000, etc. notes

 

yeah, if they don't fix the economy, we may see the $100 billion notes back as the NEW $100 billion soon.

Link to comment
Share on other sites

I take it that these are the "new notes" printed a couple of years back that were supposed to have been released back then. What's the betting we'll soon see the $1000, $5000, $10000, etc. notes

 

Sounds right. There hasn't been a Zimbabwe note with good security features for quite a few years now... (2001 dated $500 and $1000)

 

I remember when I got my first 2001 $500 in '05 it could buy half a box of matches...

Link to comment
Share on other sites

Zimbabwe has announced that they are redenominating their currency on 1 August 2008.

See post #33. :ninja:

 

Thanks for the link to the MPS - while I don't plan to become an agricultural check multibillionaire, I may try and get some of the (partly old, partly new?) coins. They will probably have to be replaced by high denomination paper again ...

 

Christian

Link to comment
Share on other sites

  • 3 weeks later...
Just knock off 10 zeros and things will keep rolling merrily along! According to the latest report in http://www.zimbabweanequities.com/ (Wed, 2008-08-20), prices in Zimbabwe have more than doubled within the past week and are up 1.376E9% over the past year, now at (new)Z$185 = USA$1.

:ninja:

;) ;) ;)

 

;)

 

Mike

 

Oh dear, seeing as they are no longer getting new banknotes printed & these were the "new" ones in storage from 2005/6 do we think that when they lose their value that they'll stamp them like the Brazillian banknotes in the 1980's?

Link to comment
Share on other sites

Holy CR**! - it's more than doubled in just two days since Wednesday, 2008-08-20. It was (new)Z$185 = USA$1 then, now on Friday, 2008-08-22, it is (new)Z$393 = USA$1 - up 3.039E9% from a year ago.

 

;)

 

Mike

 

 

Hmm... I wonder if the notes that haven't entered circulation yet will have "0" added to the end:

 

$1 => $10

$5 => $50

$10 => $100

$20 => $200

$50 => $500

$100 => $1000

$200 => $2000

$500 => $5000

 

:ninja:

Link to comment
Share on other sites

Hi Johnny

Need help ! instruction to upload 2 or more [real]images in one reply....Thanks

 

 

Hi Madison, I just scanned the two notes at the same time, the best place to host them is www.photobucket.com, next copy the link of the pic & then press the image button above & past the address, hey presto :ninja:

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
 Share


×
×
  • Create New...