Online Reporter
Business Reporter
THE Zimbabwe Gold (ZiG) has firmed by 1,5 percent against the US dollar since the start of 2026, according to data from the Reserve Bank of Zimbabwe (RBZ).
The currency opened the year at 25,9807/US$1 on January 2 and has since firmed to 25,5902 against the greenback as of January 22.
The central bank launched ZiG on April 5, 2024, at an initial rate of 13,56/US$1.
While the currency faced an infamous 42 percent depreciation in October 2024 that tested market confidence, it has since shown remarkable resilience, remaining largely stable throughout 2025, staying at an average 26,6/US$1 rate.
The current stability is being driven by the currency’s unique structure, as it remains anchored by a basket of gold, precious minerals and foreign reserves.
This is supported by a disciplined monetary policy.
Furthermore, a recent RBZ macroeconomic snapshot indicates that the ZiG is being increasingly embraced by both the public and the business community.
The currency now accounts for approximately 30 percent to 40 percent of total national payment system transactions, reflecting growing trust in the unit as it enters its second full year of circulation.
