How much is the largest denomination currency in the world

The banknotes of the former Yugoslavia with a face value of 500 billion dina.

During the period of inflation in the former Yugoslavia, the exchange rate was extremely volatile, and its largest denomination was 500 billion dina, making it the largest denomination in the world to date. Today, the first column on display in the numismatic gallery of the British Museum in London, England, is 500 billion diners from the time of the former Yugoslavia, when the face value was only 10 marks (about 5 euros today). At that time, due to the devaluation of the currency, Yugoslavs had to use a car to pull money for a television, according to locals, almost an entire car trunk.

Even buying a loaf of bread costs several dollars, and it's hard to count. The rate at which the currency was depreciating was almost unbelievable, and if you went to a café and asked for a cup of coffee, it was not the same as paying after drinking it, because often the time of the coffee was drunk and the currency depreciated again. A student's parents gave their child money for lunch in the morning, but the child was reluctant to spend it, and brought it home in the evening, and the parent scolded the child because the money had depreciated in the evening, and he couldn't eat a meal.

A friend who runs a restaurant in Belgrade once told me a true story: a relative of a friend in his country died in a car accident in Yugoslavia, and when the family cleaned up the relics of the deceased, they found that his body contained hundreds of millions of denominations. Unexpectedly, when a friend of mine inquired in the country's bank, the money could only buy a few boxes of matches.

There is also a true, dramatic story: one day in 1996, a young waiter working at a local Chinese restaurant walked back to his home with a chef after work, and picked up a 500 million diner on the way, which was the 1992 version. At that time, the waiter was very excited, and the chef who was traveling with him also half-jokingly said, this is what we picked up together, you have to give me half of it, and the waiter smiled and said no problem.

After returning to his residence, the waiter was worried that someone would rob his money and kill him, and he was even excited and afraid that he had not slept all night, and finally managed to go to work the next day, so he couldn't wait to ask a female translator of Yugoslav nationality how much the money could be worth, and the translator immediately told him that although the face value was 500 million, it was not worth a penny now. Many economists in the world are puzzled by this economic phenomenon in the former Yugoslavia. They believe that it is inconceivable that any other country would have collapsed in the face of such an economic situation, while the Yugoslav economy can still operate normally, goods are sold as usual, and the people are still living normally, and it can be said that this is a miracle in the history of world finance.

The largest banknote denomination: 1 Pypreg issued by Hungary in 1946 (10 to the 21st power) In June 1946, 1 kilogram of bread in Hungary cost 100 million.

The world's largest banknote in 1946, Hungary fell.

into the worst inflation quagmire in history. At that time, Hungary** issued a world record for denominations.

It is the former currency unit of Hungary), and the maximum denomination is up to.

to the astonishing 10 to the 21st power. If converted to US dollars, so so.

The striking denomination is only about 20 cents.

2.Lystone.

Hungarian 1 pango is also 1,000,000,000,000,000,000,000

I've only seen foreign ones up to a thousand.

The largest denomination is Zimbabwe's 100 trillion yuan banknote.

The renminbi can be exchanged for nearly 40 trillion Zimbabwean dollars.

Because China has not established a direct currency exchange with the Zimbabwean dollar, there is no accurate exchange rate standard. We can use the direct exchange rate between the Zimbabwean dollar and the US dollar, and indirectly calculate the exchange rate with the yuan.

According to the official exchange rate: 10 trillion Zind for 2 cents, 20 trillion Zinds for 4 cents, 50 trillion Zinds for 20 cents, and 100 trillion Zinds for 40 cents, which is equivalent to two round loaves in a supermarket**.

In this way, it seems that 1 yuan can be exchanged for nearly 40 trillion zigzans.

Zimbabwean dollar.

In January 2008, Zimbabwe introduced banknotes in denominations of 10 million, 5 million and 1 million Zimbabwe; On April 4, banknotes with denominations of 25 million and 50 million won were introduced; On May 6, banknotes with denominations of 100 million and 100 million yuan were launched.

On December 4, 2008, three new banknotes with denominations of 10 million, 50 million and 100 million Tianjin yuan were launched; On December 12, a banknote with a face value of 500 million was launched; On December 19, a banknote with a denomination of 10 billion was launched.

Hello! The world's most valuable coin is the Hungarian 1,000,000,000,000,000,000,000,000 pagos (1946, 100 quintillionThe old currency belonging to Hungary, which was severely devalued after the Second World War) In June 1946, Hungary experienced the worst inflation in the world, when 1931 gold pengoes were worth 21 to the power of paper pengo (' Bengo is the basic monetary unit of Hungary in 1925-1946), the 21 banknotes with a face value of 10 issued on June 3 were cancelled on July 11, 1946, and the 27 banknotes with a face value of 10 were only used for tax payment, followed by 500 billion Yugoslav Dyna, China's largest denomination of 60 billion (Lu Shi) 100 million yuan banknotes, issued by the National ** Xinjiang Bank in 1949, with a denomination marked 'Lu Shi 100 million yuan'.

How much is it worth? It reads '10,000 yuan of alloy round coupons'. How much is a 10,000 yuan coupon worth?

It is worth 77 grains of rice. And the 20 million Turkish lira was also the largest banknote at that time.

In 2008, Zimbabwe, which was located in Africa at the time, issued a huge banknote with a face value of 100,000,000,000,000 (one hundred trillion) due to severe inflation, but announced that it was no longer in circulation the following year.