RBZ unveils new ZWG notes to start circulating April 7

THE Reserve Bank of Zimbabwe (RBZ) has revealed new ZiG10, ZiG20 and ZiG50 banknotes which start circulation on April with the ZiG100 and ZiG200 to be introduced later. The designs of the new notes pay tribute to the Big Five wildlife. Presenting the 2026 Monetary Policy Statement Friday, RBZ Governor John Mushayavanhu confirmed that the […] The post RBZ unveils new ZWG notes to start circulating April 7 appeared first on NewZimbabwe.com.

RBZ unveils new ZWG notes to start circulating April 7

THE Reserve Bank of Zimbabwe (RBZ) has revealed new ZiG10, ZiG20 and ZiG50 banknotes which start circulation on April with the ZiG100 and ZiG200 to be introduced later.

The designs of the new notes pay tribute to the Big Five wildlife.

Presenting the 2026 Monetary Policy Statement Friday, RBZ Governor John Mushayavanhu confirmed that the new notes will coexist with the current currency, while older, worn-out banknotes will be gradually phased out.

“A statutory instrument to formalize the introduction of the new notes will be published later today,” he said.

“We already have the ZiG10 and ZiG20 in circulation, and we’ll be adding new denominations that will circulate alongside them.”

Mushayavanhu outlined the process for replacing old notes. Banks will be required to return the old currency to the central bank, where it will be destroyed and replaced with new banknotes of equivalent value.

“We will introduce the ZiG50, and the ZiG100 and ZiG200 notes will follow when deemed necessary by the RBZ,” he added.

“There will be no increase in reserve money, as banks will exchange electronic balances for physical cash.”

The RBZ will launch a nationwide education campaign ahead of the roll-out on April 7 which will focus on familiarising citizens with the new security features incorporated into the banknotes.

The new currency is part of a broader economic strategy aimed at preparing for a potential shift to a mono-currency system, once certain conditions are met.

The post RBZ unveils new ZWG notes to start circulating April 7 appeared first on NewZimbabwe.com.