Dear friends,
Good morning.
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Strangest Banknotes
World's Largest Banknote (Philippines)
As large as a sheet of legal paper, the world's largest single banknote is the
100,000-peso note created by the Government of the Philippines in 1998 to
celebrate a century of independence from Spanish rule. The note was offered only
to collectors, who could purchase one of the limited-edition notes for 180,000 pesos (around US$3,700).
One Hundred Trillion Dollars (Zimbabwe)
Worth about US$300, the Reserve Bank of Zimbabwe began printing these $100 trillion
banknotes in January 2009. At the time, the country had the highest inflation rate
in the world, and the bill pictured above was worth about US$300. In July 2008, the
inflation rate reached a stunning 231 million percent! A single loaf of bread cost
roughly 300 billion Zimbabwean dollars. By April 2009, the Zimbabwean dollar was
defunct, but you can still get a copy of the banknote online.
U must b very strong in arith ven u go 4 shopping! - n so d shopkeeper
500,000,000,000,000,000,000 Banknote (Yugoslavia)
The former European country of Yugoslavia experienced an amazing hyperinflation
starting in 1989, until economic reforms took place in 1994. The highest banknote
denomination in 1988 was 50,000 Dinara, but this had changed to 500,000,000,000 Dinara by 1994!
Einstein's Banknote (Israel)
the nominal position of president of Israel. Einstein turned down the offer, but the State of Israel
Punched out Mobutu Banknotes (Zaire)
In 1997, the African country of Zaire, known today as the Democratic Republic of the Congo,
overthrew the totalitarian regime of Joseph Mobutu. When the new government found itself in a
cash shortage, they decided to use large stacks of old 20,000-Zaire notes by simply punching out
Mobutu's image, sustaining them until the new currency was designed and printed.
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With regards,
Dr. K. Sampath Kumar, B.A. (Economics), BGL, M.Com., M.Phil., Cert. A.I.I.B.,
MBA (Finance), MBA (HR & Marketing), ACS, FCMA, Ph. D.,
Professor, SSN School of Management
C/o. SSN College of Engineering
Rajiv Gandhi Salai (OMR)
KALAVAKKAM - 603110
Kancheepuram District, Tamil Nadu, India
Landline : 044-24860668
Mobile : 9094405733
Success consists of getting up
just one more time than you fall
-- Oliver Goldsmith
MBA (Finance), MBA (HR & Marketing), ACS, FCMA, Ph. D.,
Professor, SSN School of Management
C/o. SSN College of Engineering
Rajiv Gandhi Salai (OMR)
KALAVAKKAM - 603110
Kancheepuram District, Tamil Nadu, India
Landline : 044-24860668
Mobile : 9094405733
Success consists of getting up
just one more time than you fall
-- Oliver Goldsmith
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