The Reserve Bank of Zimbabwe (RBZ) has said the newly introduced currency Zimbabwe Gold (ZiG) notes and coins will begin circulating on April 30.
The Reserve Bank of Zimbabwe has said the newly introduced currency Zimbabwe Gold notes and coins will begin circulating on April 30.
"Accordingly, the ZW$ notes and coins will continue to be used for transactional purposes at the ZiG: ZWS conversion factor of 2498.7242 applicable on the 8th of April 2024 within the 21-day transitional period. He added that since the introduction of the Monetary Policy measures on April 5, 2024, the RBZ has been working closely with the banking sector and Payment Systems Providers to ensure the smooth conversion of the ZW$ to ZiG in their systems.
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