Mosi-oa-Tunya (coin) facts for kids
Quick facts for kids Mosi-oa-Tunya (coin) |
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| User(s) |  Zimbabwe |
The Mosi-oa-Tunya (English: The Smoke Which Thunders) is a gold coin introduced in Zimbabwe in 2022 in the context of rising inflation.
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Nomenclature and characteristics
Mosi-oa-Tunya is the Lozi name for Victoria Falls and translates into the English language as The Smoke Which Thunders.
The coins weigh one troy ounce and are made of 22 carat gold. They were minted outside of Zimbabwe.
Each coin has a unique serial number.
Use
The Reserve Bank of Zimbabwe distributed 2,000 Mosi-oa-Tunya to commercial banks on 25 June 2022. They can be used for normal retail purposes. The coins were introduced in the context of instability with existing local currency and Zimbabweans' tendency to use the U.S. dollar.
Value
The coins are worth the international market rate for a troy ounce of gold, plus five percent.
See also
- Economy of Zimbabwe
- Zimbabwean bond notes
- Zimbabwean bond coins
- Zimbabwe Gold
- Mosi-oa-Tunya National Park
- Zimbabwean dollar
- Krugerrand
- Dedollarisation
