Zairean Bonds
Jump to navigation
Jump to search
This article has not been added to any content categories. Please help out by adding categories to it so that it can be listed with similar articles. (June 2024) |
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.