Zairean Bonds
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Zairean Bonds | |
---|---|
ISO 4217 | |
Code | ZB |
Denominations | |
Plural | Zairean Bonds |
Symbol | ZO |
Nickname | Zbos |
Banknotes | Rarely used:10,000 Frequently used: 20,000 50,000 |
Coins | None |
Demographics | |
Official user(s) | None Previously United Zairean Emirates |
Unofficial user(s) | None |
Issuance | |
Central bank | Zairean Central Monetary Authority |
Printer | Zairean Central Monetary Authority |
Mint | Mint of Zaire |
Valuation | |
Pegged with | Zubizalandian Franc |
Zairean Bonds were created to fight Economic Crisis in Zaire that was caused by Zairean Civil War and Yaran Blockade. Period when they were used is remembered as a big downfall of Zairean state and also, a big economic crisis. Bonds replaced Zairean Dinar at rate of 1 Dinar-1 Bond, it was introuduced in denominations of 10,000, 20,000 and 50,000. On last day when inflation was reported, daily inflation was 150,000%. Bonds were pulled out of ciurculation on 29.10.2021 and they were replaced by Zairean Franc at rate of 1 000 000 000 000 Bonds-1 Franc.
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