top 10 Countries With Highest Currency Denominations In The World

Notegolddiamond – Here is the list for some highest denomination of currency in the world. As we know, in every countries experiencing hyperinflation, usually the central bank prints money in larger and larger denominations as the smaller denomination notes become worthless.

Some banknotes were stamped to indicate changes of denomination. This is because it would take too long to print new notes. By time the new notes would be printed, they would be obsolete (that is, they would be of too low a denomination to be useful).

Later, this type of currencies become precious collection for numismatic / banknote collectors in the world. So, check it out !

Photo source

1.   Hungary
The worst inflation ever in the world, trough the end of 1945 until July 1946. In  the middle of 1946, the highest denomination ever was issued, it was 100,000,000,000,000,000,000 Pengő (a hundred quintillion pengő). Even more !  ten times higher denomination from above had printed but not issued. It was 1000,000,000,000,000,000,000 or a sextillion Pengő or one milliard billion Pengő ! here the pic…

read more>>…

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January 12, 2010 - Posted by | Money & Fund, News of Currency

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