ZiG
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This English term is a hot word. Its inclusion on Wiktionary is provisional.
English
This English term is a hot word. Its inclusion on Wiktionary is provisional.
Pronunciation
Noun
ZiG (plural ZiG or ZiGs)
- Abbreviation of Zimbabwe Gold, the official national currency of Zimbabwe since April 2024, which began as a gold-backed digital token in October 2023.
- 2024 April 9, Huileng Tan, “Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar”, in Business Insider, archived from the original on 2024-04-12:
- For a start, it's making it compulsory for companies to settle at least half of their quarterly taxes in ZiG, according to the central bank report.
- 2024 April 30, Farai Mutsaka, “Zimbabwe’s ZiG is the world’s newest currency and its latest attempt to resolve a money crisis”, in The Associated Press, Harare:
- After the ZiG was introduced electronically, bank accounts of some businesses were frozen, accused by the government of rejecting the new currency.
Alternative forms
Synonyms
- (digital token): GBDT