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<p>[QUOTE="Troodon, post: 523686, member: 4626"]Hungary definitely still holds the record for the largest nominal denomination ever on a bill (the highest released, in short form, is 10 quintillion pengo; a note 10 times that even was printed, but never released).</p><p><br /></p><p>Before Zimbabwe's recent period of hyperinflation beat the record, the most zeroes on a note (Hungary just used words to spell out the denomination; the digits weren't printed out) was Yugoslavia's 500 billion dinar note in 1993, with 11 zeroes.</p><p><br /></p><p>But Zimbabwe recently beat that with its 10 trillion dollar note (13 zeroes). 20, 50, and 100 trillion dollar notes were planned, but they may end up not getting released, since about 2 weeks ago they renumerated the Zimbabwe dollar a fourth time. The 4th Zimbabwe dollar equals 1 quadrillion of the 3rd Zimbabwe dollar (meaning that 10 trillion dollar note is now the equivalent of the 4th Zimbabwe cent!).</p><p><br /></p><p>(Edit: 20, 50, and 100 trillion dollar notes were indeed printed; you can find several on eBay. Currently, with 14 zeroes, Zimbabwe's 100 trillion dollar note holds the "most number of zeroes on a note" record. Stay tuned, I'm sure they'll beat their own record eventually.)</p><p><br /></p><p>Zimbabwe is probably going to set new records (may eventually give Hungary some competition, at this rate), considering their inflation rate is now in the sextillion % range by some estimates. As they have few domestic goods for sale, and the black market rate shows the Zimbabwe dollar as worth much less than the official rate, precise figures are hard to calculate. Most transactions in Zimbabwe are conducted in US dollars or South African rand, or just barter.[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 523686, member: 4626"]Hungary definitely still holds the record for the largest nominal denomination ever on a bill (the highest released, in short form, is 10 quintillion pengo; a note 10 times that even was printed, but never released). Before Zimbabwe's recent period of hyperinflation beat the record, the most zeroes on a note (Hungary just used words to spell out the denomination; the digits weren't printed out) was Yugoslavia's 500 billion dinar note in 1993, with 11 zeroes. But Zimbabwe recently beat that with its 10 trillion dollar note (13 zeroes). 20, 50, and 100 trillion dollar notes were planned, but they may end up not getting released, since about 2 weeks ago they renumerated the Zimbabwe dollar a fourth time. The 4th Zimbabwe dollar equals 1 quadrillion of the 3rd Zimbabwe dollar (meaning that 10 trillion dollar note is now the equivalent of the 4th Zimbabwe cent!). (Edit: 20, 50, and 100 trillion dollar notes were indeed printed; you can find several on eBay. Currently, with 14 zeroes, Zimbabwe's 100 trillion dollar note holds the "most number of zeroes on a note" record. Stay tuned, I'm sure they'll beat their own record eventually.) Zimbabwe is probably going to set new records (may eventually give Hungary some competition, at this rate), considering their inflation rate is now in the sextillion % range by some estimates. As they have few domestic goods for sale, and the black market rate shows the Zimbabwe dollar as worth much less than the official rate, precise figures are hard to calculate. Most transactions in Zimbabwe are conducted in US dollars or South African rand, or just barter.[/QUOTE]
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