ISO 4217 Currency Code Service - Amendment number 177 #408
Description
20 June 2024 - ISO 4217 AMENDMENT NUMBER 177
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”:
| Entity | Currency | Alphabetic code | Numeric code | Minor unit |
|---|---|---|---|---|
| ZIMBABWE | Zimbabwe Dollar | ZWL | 932 | 2 |
Original: AMENDMENT NUMBER 177.pdf