Web of Trust
iMesh Chat.Net
Toggle Content Login or Register Toggle ContentMay 25, 2012 
Home
Today in History
One day like today...
1555
Regnier Gemma Frisius, Dutch mathematician who applied his expertise to geography, astronomy and map making, died

1803
Ralph W. Emerson was born

1918
Claude Akins was born

1925
Jeanne Crain was born

1926
Miles Davis was born

1927
Robert Ludlum was born

1929
Beverly Sills was born

1936
Tom T. Hall was born

1943
Leslie Uggams was born

1944
Frank Oz was born

1955
Connie Sellecca was born

1963
Mike Myers was born

1969
Anne Heche was born

1975
Lauryn Hill was born
News › Zimbabwe Preparing To Release $500 Billion Note
Latest Forum Posts
+/-
 Topics  Forum  Replies  Author  Views  Last Post 
 The night Doob almost died.General Forum268d|O__O|b
16518Infi[N]ity

Fri May 25, 2012
8:38 am
HAPPY BIRTHDAY DAIMOSGeneral Forum10Infi[N]ity
307Infi[N]ity

Fri May 25, 2012
8:31 am
Panic! At The DiscoPoetry, Lyrics, Artwork123xxx_Stephie_xxx
6004Infi[N]ity

Fri May 25, 2012
8:30 am
 Saw 4 TrailerJokes, Funny Logs, Blogs, Pics86ailza
5915Infi[N]ity

Fri May 25, 2012
8:22 am
HAPPY BIRTHDAY DOOBSGeneral Forum40Infi[N]ity
1127Infi[N]ity

Fri May 25, 2012
8:18 am
+/-+/-
Forum Index | View posts since last visit | View unanswered posts | Search
[ Topics: 3275 | Replies: 29902 | Posts: 33177 | Views: 4512756 ] 

 Top Forum Posters 
PM
Posts: 2750
Serious Spam Problem
PM
Posts: 2721
Serious Spam Problem
PM
Posts: 2405
Super Spammer
PM
Posts: 1653
Super Spammer
PM
Posts: 1556
Super Spammer
PM
Posts: 1517
Super Spammer
PM
Posts: 1254
Super Spammer
d|O__O|bneo_wraithDaimosAussie_WomanSMEFmullin16tigernate2

News: Zimbabwe Preparing To Release $500 Billion Note

News The Reserve Bank of Zimbabwe are preparing to issue a $500 billion note which is equal to less than 4 U.S. dollars.

But due to cash shortages, Zimbabweans are finding it difficult to get hold of currency to purchase essential goods. At present people are limited to withdrawing $100 billion a day which isn't enough to buy a loaf of bread.

Zimbabwe Introduces $100 Billion Banknotes
With inflation spiralling out of control, Zimbabwe has introduced a $100 billion note (CNN has a photo of a $500 million note). $100 billion is the equivalent to one U.S. dollar and is enough to buy four oranges.



Zimbabwe Introduces $100 Billion Banknotes

With inflation spiralling out of control, Zimbabwe has introduced a $100 billion note (CNN has a photo of a $500 million note). $100 billion is the equivalent to one U.S. dollar and is enough to buy four oranges.

The official inflation rate is currently at official inflation rate now at 2.2 million percent although it is likely to be a lot higher.

According to Wikipedia, Hungary suffered the highest rate of hyperinflation ever recorded shortly after the Second World War. The value of the Pengő was doubling every 15 hours and in mid-1946 the 100,000,000,000,000,000,000* (100 quintillion) Pengő banknote was issued - the highest denomination banknote ever issued. a one sextillion Pengő was also printed but was never issued.

100,000,000,000,000,000,000 (100 quintillion) Pengő

By the end of July 1946 one U.S. dollar was worth 460 octillion Pengő (460 000 000 000 000 000 000 000 000 000)! To stabilise the economy a new currency was introduced - the Forint. One Forint was worth 400 octillion Pengő.

Posted by Daimos on Sunday, July 27, 2008 (18:19:02) (4166 reads)
"News: Zimbabwe Preparing To Release $500 Billion Note" | Login/Create an Account | 0 comments
Threshold
The comments are owned by the poster. We aren't responsible for their content.
Related Links
• More about News
Most read story about News:
Mannequin boobs are getting bigger
Article Rating
Average Score: 5
Votes: 2


Please take a second and vote for this article:

Excellent
Very Good
Good
Regular
Bad

Options
Web of Trust
Free Internet Security - WOT Web of Trust
User Info
Welcome

Anonymous
Nickname
Password
Register
Membership:
Latest: durgaraopamu
New Today: 3
New Yesterday: 8
Overall: 14763
Online Now [20]:
Visitors: 18
Bots: 2
Members: 0
Hidden: 0
World News
Select Language
Afrikaans Shqip عربي Brazilian Português catalan chinese_simplified chinese_traditional Český Dansk Nederlands English Eesti Suomi Français Deutsch german_formal Ελληνικά hebrew Bahasa Indonesia Italiano 日本語 한국어 Lietuvių македонски Norsk Polski Português Româneste РУССКИЙ Srpski Slovenský Slovenščina Español Svensk ไทย Türkçe Українська Tiếng Việt

iMesh™ and the iMesh™ Logo © 2000-2008 iMesh™ Ltd. All rights reserved. All logos and trademarks aswell as comments, posts, photos, etc. in this site are property of their respective owners.
This site is neither linked nor affiliate to the iMesh P2P, it is a community around its former chatrooms only.
iMesh Chat.Net © 2004-2008.

| Disclaimer | Contact | Privacy Policy | iMesh |

iMesh
Locations of visitors to this page
Pagerank erhoehen

Interactive software released under GNU GPL, Code Credits, Privacy Policy
Azul theme and related images designed by Jamin - upgraded by Phoenix.