Looks like Zimbabwe took a note on the proposed U.S. one trillion dollar coin proposal but went a bit over the top. Talk about inflation! Edit on title-WW1.
And the post WWII Hungarian inflation is still considered the worst in history. I question that somewhat because unlike the German and Hungarian inflations, Zimbabwe's currency went through three revaluations during the inflation period which makes it very difficult to make a direct comparison as to how much the money actualy declined.
Thanks for that, I have not seen my German notes, stored away for 20 years or more. Appreciate the correction.
Yup. The hyper-inflation between mid-1945 and mid-1946 obsoleted currency so fast that they not only put the year on their notes, they put the month as well. The highest denomination Hungarian note I have from this period is a June 1946 Szazmillio B.-Pengő note, that's equivalent to 100 quadrillion Pengő. Just a couple years earlier, one Pengő was roughly equivalent to a US silver quarter. Interestingly, the word Pengő is an onomatopoeia for ringing; meant to evoke the sound of a ringing silver coin. This was chosen to instill confidence in the value of the new denomination when the Pengő replaced the hyper-inflated Hungarian Korona.
