Zimbabwe issues three new notes

On November 5, 2008, the Reserve Bank of Zimbabwe introduced 100,000-, 500,000-, and 1,000,000-dollar notes. “In the measures underway, the Reserve Bank plans to introduce a number of new, higher denominations; review the cash withdrawal limits, as well as commence aggressive campaigns for increased usage of alternative means of payment,” the central bank said in a statement. The government put inflation at 230 million percent for July, the world's highest, although the Washington-based Cato Institute foundation estimates it now at 10.2 quadrillion percent.





500,000 dollars
Green. Front: Chiremba balancing rocks in Epworth; cow. Back: Palm trees; workers milking cows. No security thread. Watermark: None. Printer: Unknown. 148 x 74 mm. 2008. Signature 5. Introduced 05.11.2008.



1,000,000 dollars
Blue. Front: Chiremba balancing rocks in Epworth; cow. Back: Great Zimbabwe ruins; cattle. Windowed security thread with demetalized RBZ and Zimbabwe bird hologram. Watermark: Zimbabwe bird Type C with electrotype 1000 [sic]. Printer: Unknown. 153 x 76 mm. 2008. Signature 5. Introduced 05.11.2008.

Courtesy of Mirsad Delic and Garry Craig.