Finance and Economic Development Minister Mthuli Ncube has announced the introduction of a new ZW$100 note.
The new $100 note becomes the highest denomination in the country and it has been announced via Statutory Instrument (SI) 68A of 2022 on Wednesday.
INFLATION: Zimbabwe's central bank announces imminent introduction of Z$100 note as the currency continues sharp loss of value pic.twitter.com/k5fjQpHnYk
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According to the SI, the note will have an impression of the Great Zimbabwe monument and a baobab tree.
“On the front side the dominant feature shall be the logo of the Reserve Bank of Zimbabwe (three balancing rocks), with the visually impaired recognition feature to the left, latent image showing the denomination, windowed security strip inscribed “RBZ” with colour shift from red to green, watermark with highlighted inscription “RBZ” and see-through of Zimbabwe Bird looking to the left in perfect register, as secondary features.”
“On the back side, there shall be an impression of Great Zimbabwe Monument and the Baobab Tree, gold coloured iridescent band showing the denomination of the note and see-through of the Zimbabwe Bird looking to the right.” reads part of the SI.