Zimbabwe's government is struggling to persuade citizens to widely adopt its new currency, ZiG, introduced in April 2024, despite efforts to reduce reliance on the US dollar. The ZiG is backed by foreign currency and precious metal reserves, and the Reserve Bank of Zimbabwe (RBZ) has taken steps like issuing upgraded banknotes and expanding its use in tax payments. However, due to past currency crises, many Zimbabweans remain wary, preferring to transact in US dollars. The RBZ has shifted from a 2030 single-currency target to a gradual, market-led transition, but demand for ZiG remains subdued.