ZiG

See also: zig and Zig

English

This English term is a hot word. Its inclusion on Wiktionary is provisional.

Pronunciation

• IPA^(key): /ˈzɪɡ/
• Rhymes: -ɪɡ

Noun

ZiG (plural ZiG or ZiGs)

1. 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^[2], 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^[3], Harare:

     After the ZiG was introduced electronically, bank accounts of some businesses were frozen, accused by the government of rejecting the new currency.

   • 2024 May 5, Farai Sevenzo, “Is Zimbabwe zigzagging into further currency chaos?”, in BBC News‎^[4], Harare:

     Ms Dhliwayo would use Zigs if there were any to be had - but it mostly exists digitally, and in a place where people can rarely charge their phones because of blackouts, it is cash that counts.

Alternative forms

• zig, Zig, ZIG

Synonyms

• (digital token): GBDT

See also

• Zimbabwean dollar, ZWL