The RTGS Dollar, nicknamed zollar, is a currency in Zimbabwe which was introduced on 21 February 2019 and came into effect after the February 2019 Monetary Policy was enacted by the Governor of the Reserve Bank of Zimbabwe, John Mangudya. The currency is made up of bond coins, bond notes and RTGS balances. The original bond notes came in to become part of Zimbabwe's multi currency system which was introduced in 2009. They were renamed RTGS dollars in 2019, and in June 2019 became the only legal currency in Zimbabwe, replacing the multi currency system. The introduction of the currency was well timed after a separation of RTGS FCA and Nostro FCA accounts.
The purposes of the currency are the same as other currencies, including:
- pricing goods and services
- recording debts
- settlement of domestic transactions 
However, the core purpose of the RTGS dollar was to address some of the economic and financial challenges faced by the Zimbabwe, especially the relative lack of foreign currency held by the government, but officially including:
- normalise the foreign currency market
- promote diaspora remittances
- protect foreign investors
- promote exports
- promote locals from pricing of goods in foreign currency only
Officially the rate of the RTGS$ to the US$ was originally set at 1 US$ equaled 2.50 RTGS$ (1 RTGS$ = .40 US$), but this was not the case on the open markets where the value fluctuated in the first half of 2019 between US$1 = 7 RTGS$ and US$1 = 13 RTGS$.
The exchange rate is determined by the forces of supply and demand on an auction market the Reserve Bank of Zimbabwe set up along with the announcement of the RTGS Dollar. The market is called Interbank Foreign Currency Exchange Market and is made up of banks and Bureau de change.
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