Blinded by zeros

For those of you who are fascinated by large denominations, this is a 500 Billion Dinar note I found this morning, issued by Yugoslavia in 1993. It was the largest nominal value ever printed by the country, near the peak of its hyperinflation period. All those zeros are blinding. Ain’t spring cleaning fun?

As a point of reference, on November 12, 1993 the exchange rate was 1 German Mark (DM) = 1 Million new dinars. On December 29 the exchange rate was 1 DM = 950 Billion new dinars.

A nice write-up of the period’s hyperinflation is here.

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  1. ai sarabia says

    may,it be valid until now?

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