The ZiG started trading on 8 April 2024 with an exchange rate of 13.56 ZiG per US dollar and was subsequently allowed to freely float. [ 43 ] As a result of inflation, on 27 September 2024, the RBZ devalued the ZiG by 42.55% against the US dollar. [ 44 ]

2024年5月1日 · With the 10 ZiG note being the apparent largest denomination, ZiG cash currently functions primarily as change. At the time of writing, 10 ZiG is equivalent to approximately US$0.74, R13.90 South African Rand, or £0.59 British Pound. This means buying basic items like bread (currently US$1 or 14.10 ZiG in supermarkets) requires two 10 ZiG notes.

THE Reserve Bank of Zimbabwe (RBZ) will begin distributing the new Zimbabwe Gold (ZiG) banknotes and coins to commercial banks tomorrow, with the public set to start withdrawing cash from their...

2024年6月4日 · In a development expected to bring smiles to the face of the transacting public by easing the shortage of small change, the Reserve Bank of Zimbabwe (RBZ) has launched a new initiative called “Swipe for ZiG Cash.” In April, the RBZ launched the Zimbabwe Gold (ZiG) as the country’s official currency.

2024年6月4日 · Starting from Monday, June 10, 2024, individuals and businesses can swipe their local currency debit or credit cards at any Homelink branch to access ZiG cash in small denominations (ZiG1, ZiG2, ZiG5, and ZiG10). Additionally, Homelink branches will exchange foreign currency cash for ZiG cash at the ruling interbank exchange rate.

2024年4月28日 · The central bank has since set weekly cash withdrawal limits at ZiG3 000 for individuals and ZiG30 000 for corporates to manage the initial rollout. The new currency — backed by a combination of gold, precious minerals, and foreign currency reserves — will start circulating in the market on Tuesday.

2024年6月5日 · RESERVE Bank of Zimbabwe (RBZ) has partnered with Homelink, in a development meant to widen access to Zimbabwe Gold (ZiG) cash. According to the Central Bank, enough quantities of ZiG coins have...

2025年3月18日 · The Reserve Bank of Zimbabwe has announced a new partnership with Homelink to increase access to ZiG cash, the local currency, across the country. Initially, the extreme shortage of ZiG banknotes and coins in circulation was attributable to RBZ’s hesitation to distribute the new currency extensively, due to concerns that a mass release of ...

2024年4月19日 · On April 5, Zimbabwe’s central bank announced the new gold-backed currency, immediately implementing changes on digital platforms with local banks converting ZWL to ZiG amounts on their systems.

2024年5月17日 · With effect from 5 April, banks in Zimbabwe have been converting the country's previous national currency, the Zimbabwe dollar, into ZiGs. The central bank says the process aims to “foster simplicity, certainty, and predictability in monetary and financial affairs.”