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Zaire Hyperinflation Banknotes

 

1,000,000 Zaires 1993

1000000 zaire 1993 front
1000000 zaire 1993 back

Enlarge: Front1000000 zaire 1993 front
 & Back1000000 zaire 1993 back

Front: Mobutu Sese Seko (1930-1997), President of Zaire for 32 years (1965-1997)

Mobutu was born in the former Belgian Congo. He joined the Belgian Congolese army in 1949, rising to the rank of Sergeant Major. He left in 1956 and worked as a journalist and then newspaper editor. In 1958 he joined the nationalist Mouvement National Congolais (MNC). Following the granting of independence on June 30, 1960, he joined the new government as Secretary of the State for Defense. The new government was a coalition between Prime Minister Patrice Lumumba and President Joseph Kasavubu, both of whom soon started to struggle for overall power. Colonel Mobutu was a key figure in a coup d'état on September 14, 1960, which overthrew Lumumba in support of Kasavubu and was rewarded with rapid promotion.

In 1965, now Lieutenant-General Mobutu seized power from President Kasavubu, following another power struggle between Kasavubu and his Prime Minister Moise Tshombe. Mobutu declared himself president for five years and was elected president in 1970. Mobutu renamed the country the Republic of Zaire in October 1971. Mobutu was overthrown by Tutsi rebels and other anti-Mobutu groups in 1997 and Zaire was renamed the Democratic Republic of Congo.

Back: Suspension bridge over river

 

5,000,000 Zaires 1992

5,000,000 Zaires 1992 front
5,000,000 Zaires 1992 back

Enlarge: Front5,000,000 Zaires 1992 front
 & Back5,000,000 Zaires 1992 back

Front: Mobutu Sese Seko (1930-1997), President of Zaire for 32 years (1965-1997)

Back: Flora, elephant tusks, factory and pyramids

 

1,000,000 Nouveaux Zaires 1996

1,000,000 Nouveaux Zaires 1996 front
1,000,000 Nouveaux Zaires 1996 back

Enlarge: Front1,000,000 Nouveaux Zaires 1996 front
 & Back1,000,000 Nouveaux Zaires 1996 back

Front: Mobutu Sese Seko (1930-1997), President of Zaire for 32 years (1965-1997)

Back: Map of Zaire and mining facility

Back to Hyperinflation Banknotes

Zaire went through a period of inflation between 1989 and 1996. In 1988, the highest denomination was 5,000 Zaires. By 1992, it was 5,000,000 Zaires. In the 1993 currency reform, 1 Nouveau Zaire was exchanged for 3,000,000 old Zaires. The highest denomination in 1996 was 1,000,000 Nouveaux Zaires. In 1997, Zaire was renamed the Congo Democratic Republic and changed its currency to Francs.

 

 

 

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