Formally, they are equal to the US dollar, but in fact that's another currency. Search for some news about the actual cash crisis in Zimbabwe: most sellers in the country refuse to accept bond notes and coins at par with US currency because they think that the government has issued too many bond notes.
The Bond Coins don't have a currency code,as they are de-facto an emergency token coinage put out by the Reserve Bank of Zimbabwe to fill in for a shortage of small change coins.
The Zimbabwean Bond Notes for 2 & 5 Dollars are now traded at a discount.
Currency codes are usually based on a country's website domain code.
The Zimbabwean Dollar had the currency code of 'ZWD'.
It's basically the Zimbabwean government issuing its own version of USD claiming that it is equal to USD but at the same time it's not fully convertible to USD. So in practice these bond coins and notes are a different currency and definitely trade at a discount.
The effective rate of these bond notes and coins can be derived from local prices of Bitcoin and prices of international shares listed on the Harare Stock Exchange.
