The Fourth Dollar (ZWL)
The Zimbabwe dollar was again reformed on 2 February 2009 when the fourth dollar replaced the third dollar at the ratio of 1 000 000 000 000 (1012) to 1 with the original intention of phasing out the latter by 1 July 2009. The 2009 banknote series was issued for the fourth dollar which circulated from 2 February 2009 until the suspension of the dollar on 12 April 2009. The series consisted of denominations ranging from $1 to $500. The notes had a revised design with chevrons as registration devices, the Zimbabwe Bird in optically variable ink and an iridescent strip. Most parts of the design were recycled from designs of past issues and do not have a watermark although a plain space existed in the areas where it would normally be positioned.
