| Demographics | |
|---|---|
| User(s) |  Zimbabwe |
| Issuance | |
| Central bank | Reserve Bank of Zimbabwe |
| Valuation | |
| Value | international market rate for an ounce of gold plus 5% |
The Mosi-oa-Tunya (English: The Smoke Which Thunders) is a gold coin introduced in Zimbabwe in 2022 in the context of rising inflation. [1]
Mosi-oa-Tunya is the Lozi name for Victoria Falls and translates into the English language as The Smoke Which Thunders. [2] [3]
The coins weigh one troy ounce and are made of 22 carat gold. [3] [4] They were minted outside of Zimbabwe. [5]
Each coin has a unique serial number. [6]
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. [3] The coins were introduced in the context of instability with existing local currency and Zimbabweans' tendency to use the U.S. dollar. [5]
The coins are worth the international market rate for a troy ounce of gold, plus five percent. [3]
