Who wants to be a billionaire? Go to Zimbabwe.

The central bank of Zimbabwe will release a new bank note, a 100 billion Zimbabwe dollar note, on Monday in a move to curb rampant cash shortages in the country. The 10-digit denominated note, however, is only equivalent to one dollar in American currency.

Zimbabwe, a country plagued with a hyper inflation rate of 2.2 million percent, the highest in the world, first issued bloated bank notes in December with a $250,000 denomination. In January, new bills were released at $1 million, $5 million, and $10 million denominations, and in May, the central bank issued bills at $25 million, $50 million, $25 billion and $50 billion denominations.

The bills, however, are bearer checks and expire on Dec. 31. Zimbabwe has yet to introduce an official currency since the introduction of bearer checks in 2003.

In a statement, Reserve Bank of Zimbabwe Governor Gideon Gono said the new notes are for "the convenience of the banking public and corporate sector" in light of increasing prices.

The southern African country suffered severe economic crisis after recent elections. Some 80 percent of Zimbabwe's population is living below the poverty line.