Highest Denominations
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Hungary (100 Million B-Pengo)
The world's highest denomination note is Hungary 100 Million B-Pengo (American 100 Quintillion Pengo)*, issued in 1946. That's 100,000,000,000,000,000,000 Pengo. It was worth about U.S. $0.20 in 1946.
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1 Milliard B-Pengo
Hungary also printed a 1 Milliard B-Pengo (Amerian 1 Sextillion Pengo)*, 1,000,000,000,000,000,000,000 Pengo, note in 1946. Overtaken by inflation, it was never in circulation.
* The European number system differs from the American system for denominations above one million:
European 1 milliard = American 1 billion (1,000,000,000)
European 1 billion = American 1 trillion (1,000,000,000,000)
Thus a B-Pengo or 1 Billion Pengo is really American 1 Trillion Pengo.
Germany (100,000,000,000,000 drachmai)
Its worst inflation was in 1923, and the highest denomination was 100,000,000,000,000 Mark.
Greece (100 billion drachmai)
Greece went through its worst inflation in 1944. In 1942, the highest denomination was 50,000 drachmai. By 1944, the highest denomination was 100,000,000,000,000 drachmai.
Zimbabwe (ZWD100 trillion bill)
Zimbabwe started to experience inflation just at the beginning of 21st century. On 5 May 2008 the Reserve Bank of Zimbabwe issued bank notes (or "bearer cheques") of ZWD 100 million and ZWD 250 million.
On 1 August 2008, the Zimbabwe dollar was re-denominated by removing 10 zeroes and ZWD 10 billion became 1 dollar after the re-denomination. On 16 January 2009, Zimbabwe issued a ZWD100 trillion bill (100,000,000,000,000 ZWD).
On December 23, 1993, the former Yugoslavia issued a new banknote to keep up with rampant inflation, the 500 billion dinar note, that's a 5 followed by 11 zeros, but shortly after cut off nine of the zeros.
Krajina (50,000,000,000 Dinara)
The worst inflation in 1993 in Krajina had forced its central bank to issued the highest denomination at 50,000,000,000 Dinara. This country was reincorporated into Croatia in 1998. Republika Srpska, a country beside Bosnia Herzegovina, also issued a similar bank note of Dinara Krajina.
Free City of Danzig ( 10,000,000,000 Mark)
Danzig was a semi autonomous baltic sea port and city state that was created on 10 January 1920, then the region has incorporated into the Peoples' Republic of Poland. Danzig worst inflation in 1923 and issued the highest denomination of 10,000,000,000 Mark.
China (6,000,000,000 Yuan in 1949)
The Republic of China went through the worst inflation in 1948-49. The highest denomination issued by a regional bank in Xinjiang Provincial was 6,000,000,000 Yuan in 1949.
_1,000,000_Dinara.jpg "1,000,000 Dinara")
Bosnia Herzegovina (100 million Dinara)
Bosnia Herzegovina declared independence from Yugoslavia in March 1992 and use the first Dinar that different from Yugoslavia Dinara, in July 1992. The highest denomination was 100 million Dinara.
Highest Denomination Polymer Banknote
Romania 1 Million (1,000,000) Lei, issued in 2003, is the world's highest denomination polymer plastic banknote. It's no longer legal tender. Four zeros were dropped in the 2005 currency reform.
The lowest fractional note is Fiji 1 penny, issued in 1942. The old penny, being 1/240 of a pound, is a lower denomination than other fractional notes based on 1/100th of a basic monetary unit.
Tatarstan is situated in the middle of Russia. It was colonized by the Bulgars in the 5th century, conquered by Genghis Khan in the 13th century, and controlled by Russia from 1552 until the dissolution of the Soviet Union. Proclaimed sovereignty and achieved de facto independence 1991-1994. Tatarstan was associated state with Russian Federation on confederate status 1994-2000, and is a subject of Russian Federation since 2000.
* The European number system differs from the American system for denominations above one million:
European 1 milliard = American 1 billion (1,000,000,000)
European 1 billion = American 1 trillion (1,000,000,000,000)
Thus a B-Pengo or 1 Billion Pengo is really American 1 Trillion Pengo.
Germany (100,000,000,000,000 drachmai)
Its worst inflation was in 1923, and the highest denomination was 100,000,000,000,000 Mark.
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Greece (100 billion drachmai)
Zimbabwe (ZWD100 trillion bill)
Zimbabwe started to experience inflation just at the beginning of 21st century. On 5 May 2008 the Reserve Bank of Zimbabwe issued bank notes (or "bearer cheques") of ZWD 100 million and ZWD 250 million.
On 1 August 2008, the Zimbabwe dollar was re-denominated by removing 10 zeroes and ZWD 10 billion became 1 dollar after the re-denomination. On 16 January 2009, Zimbabwe issued a ZWD100 trillion bill (100,000,000,000,000 ZWD).
Yugoslavia (500 billion dinar note)
Japan 75,000,000,000 Yen ND (1930)
Japan issued the highest denomination just after world war II, which was a 75,000,000,000 Yen bank cheque. |
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.jpg "50,000,000,000 Dinara Krajina") |
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Krajina (50,000,000,000 Dinara)
The worst inflation in 1993 in Krajina had forced its central bank to issued the highest denomination at 50,000,000,000 Dinara. This country was reincorporated into Croatia in 1998. Republika Srpska, a country beside Bosnia Herzegovina, also issued a similar bank note of Dinara Krajina.
Free City of Danzig ( 10,000,000,000 Mark)
Danzig was a semi autonomous baltic sea port and city state that was created on 10 January 1920, then the region has incorporated into the Peoples' Republic of Poland. Danzig worst inflation in 1923 and issued the highest denomination of 10,000,000,000 Mark.
China (6,000,000,000 Yuan in 1949)
The Republic of China went through the worst inflation in 1948-49. The highest denomination issued by a regional bank in Xinjiang Provincial was 6,000,000,000 Yuan in 1949.
Bosnia Herzegovina (100 million Dinara)
Bosnia Herzegovina declared independence from Yugoslavia in March 1992 and use the first Dinar that different from Yugoslavia Dinara, in July 1992. The highest denomination was 100 million Dinara.
Highest Denomination Polymer Banknote
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| Romania 1 Million (1,000,000) |
Romania 1 Million (1,000,000) Lei, issued in 2003, is the world's highest denomination polymer plastic banknote. It's no longer legal tender. Four zeros were dropped in the 2005 currency reform.
Lowest Denomination
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| Fiji 1 penny |
No Denomination
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1,000 Rubles, 1995
Issued without denomination
The notes with no denomination - Tatarstan issued a series of currency checks without any denomination printed. Tatarstan is situated in the middle of Russia. It was colonized by the Bulgars in the 5th century, conquered by Genghis Khan in the 13th century, and controlled by Russia from 1552 until the dissolution of the Soviet Union. Proclaimed sovereignty and achieved de facto independence 1991-1994. Tatarstan was associated state with Russian Federation on confederate status 1994-2000, and is a subject of Russian Federation since 2000.
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