Effective from 25 June 2024, the following change will be made to “List one: Currency, fund and precious metal codes”:
Entity
Currency
Alphabetic code
Numeric code
Minor unit
ZIMBABWE
Zimbabwe Gold
ZWG
924
2
The monetary authority of Zimbabwe (Reserve Bank of Zimbabwe) has confirmed that the new currency ZWG will replace the old currency ZWL. The name of the new currency ZWG will be Zimbabwe Gold with new numeric code 924 and is effective from 25 June 2024.
The old currency ZWL and new ZWG run two months concurrently. Zimbabwe Dollar ZWL will expire on 31 August 2024. Furthermore, the exchange rate between new ZWG and old ZWL currency will be: 1:2498.7242 (ZWG:ZWL). The Zimbabwe Gold will have two (2) minor units.
Effective from 1 September 2024, the following change will be made to “List three: Codes for historic denominations of currencies and funds”:
20 June 2024 - ISO 4217 AMENDMENT NUMBER 177
The monetary authority of Zimbabwe (Reserve Bank of Zimbabwe) has confirmed that the new currency ZWG will replace the old currency ZWL. The name of the new currency ZWG will be Zimbabwe Gold with new numeric code 924 and is effective from 25 June 2024.
The old currency ZWL and new ZWG run two months concurrently. Zimbabwe Dollar ZWL will expire on 31 August 2024. Furthermore, the exchange rate between new ZWG and old ZWL currency will be: 1:2498.7242 (ZWG:ZWL). The Zimbabwe Gold will have two (2) minor units.
Original: AMENDMENT NUMBER 177.pdf