2 X 1 MILLION ZIMBABWE BANK NOTE UNC CRISP NOTE

2 X $1,000,000.00 BANK NOTES. ABSOLUTE UNC.

PRINTED AND RELEASED 2008.

DELETED AND DESTROYED NOW.

SIGNED BY GIDEON GONO.

 ARE VERY QUICKLY BECOMING RARE.

INFLATION IS NOW INTO THE BILLIONS OF BILLIONS.

UNOFFICIAL ESTIMATES AT 1,500,000,000,0000,0000,000,0000%

FREE POST AND PACKAGING AND INSURANCE.

THESE NOTES ARE AA PREFIX. IT IS IMPOSSIBLE TO GET AA PREFIX ANYMORE.

POST ANY WHERE IN THE WORLD.

DELIVERY TIME IS DEPENDANT ON YOUR LOCATION.

NORMALLY BETWEEN 3 AND 14 DAYS.

Sellers: Delight buyers. Get your own map of past buyers.

RBZ slashes 12 zeros

NO MORE ZEROS THEY HAVE GONE FOR EVER.
The Herald
2009 02 03
Business Editor
THE Reserve Bank of Zimbabwe has removed 12 zeros from the Zimbabwe dollar, broadened the foreign currency licensing framework and relaxed exchange control regulations as part of a cocktail of measures to jump-start the economy.
A new family of currency denominations, ranging from $ 1 to $ 500, has been introduced with immediate effect while the old currency already in circulation will remain legal tender until June 30, this year.
As was intimated in the National Budget statement last week, all businesses, right from the largest company to the street vendor, will now be allowed to sell their goods and services in foreign currency.
They will be required to apply for special foreign exchange licences, under which they will pay an annual fee ranging from US$ 10 once-off for hawkers and US$ 12 000 annually depending on location and nature of business.
These measures further endorse the adoption of a multiple currency trading system announced by Acting Finance Minister Senator Patrick Chinamasa last Thursday.
The entire commercial sector has now become an export processing zone, a strategy meant to increase the number of participants across the entire economic spectrum, ultimately increasing the availability of goods and services.
A base exchange rate of Z$ 2 (revalued) to the South African rand and Z$ 20 to the US dollar came into effect yesterday. Its movement, starting from today, will be determined in the market with all foreign currency transactions effected at the going rate.
Presenting his Monetary Policy Statement, dubbed "Turning Our Difficulties Into Opportunities - Exports, Forex, Exports", in Harare yesterday, RBZ Governor Dr Gideon Gono stressed that the new measures were not tantamount to dollarisation, but are a strategy to liberalise the economy.
"This is a tailor-made strategic intervention that is meant to bring convenience to the general public, as well as supporting productive efficiencies, whilst at the same time preserving the sovereign Zimbabwe dollar by giving it company among other currencies of choice, which is the essence of multi-currencying," he said.
The revaluation of the dollar and the new dual pricing framework under which Dr Gono directed that goods and services be quoted in both Zimdollars and foreign currency would help shore up the domestic currency.
The pricing formulae would be based on the inter-bank market-determined exchange rate.
"Even in the face of the current economic and political difficulties confronting the economy, the Zimbabwe dollar ought to and must remain the nation’s currency, so as to safeguard our national identity and sovereignty," he said.
The RBZ chief said 2009 would mark the turning point for the country’s economic fortunes. Progress would be premised on hard work, honesty and sacrifice.
Vouchers, which would be given as an allowance for civil servants, will be issued with a US$ 100 value apiece, to be used as cash to purchase goods and pay for services.
Traders will then bank them, after which they will be forwarded to the central bank where they will be debited against Government’s foreign currency collections.
Sen Chinamasa announced last week that the voucher system would be an interim measure to facilitate access to a basket of goods and services for civil servants.
Dr Gono challenged banks to adapt to the new economic dispensation and come up with products that would encourage foreign currency to circulate in the formal system.
"It is now time for the (banking) industry to develop aggressive marketing strategies, incentives and products that promote banking in foreign currency, especially by individuals," he said.
Bank charges for FCAs will be levied in foreign currency.
Dr Gono also encouraged banks to install Point of Sale machines and other systems in foreign exchange trading areas and to issue debit cards such as the Mastercard or Visa to enable FCA customers to transact both locally and internationally.
"You asked for it and we have given it to you," he said in apparent reference to the request for further economic liberalisation.