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Thursday, June 2, 2011

6 Currency lowest in the world.

 1. 10 million Zimbabwean Dollars = U.S. $ 4

 When you consider the U.S. economy badly, try to compare with the ultra-super-hyperinflation in Zimbabwe (269 million percent), which has become one of the richest countries in Africa. This country's central bank recently issued a paper currency Z $ 100 billion (yes, Z $ 100,000,000,000). So, what can you use the money worth Z $ 100 billion this? Maybe two loaf of bread (not going to make you satisfied - you'll need at least Z $ 250 billion for lunch).
So far, the state of hyperinflation has been forced to print money worth 100 million, 250 million and 500 million as quickly as possible. All are virtually worthless today. It is common now for Zimbabweans to say his daily expenses in trillions (one trillion has 12 zeros)

2. 500,000 Vietnamese Dong = U.S. $ 30

Embargo by the United States in the early 1980s shook the export, had an impact on price controls and excessive printing currency.
3. Indonesian Rupiah 100.000 = U.S. $ 11

During the 1997 Asian financial crisis, the rupiah lost 80 per cent of its value in the past few months, causing many riots in Jakarta (and immediately end the leadership of President Soeharto for 32 years).

4. Iranian Rial 50.000 = U.S. $ 5

Since the 1979 revolution, Iran's inflation rate reached 15 percent, thanks to oil prices rose rapidly.

5. São Tomé Dobra 50.000 = U.S. $ 3.47

This African island nation's economy depends on the price of its main export, cocoa, and given a benchmark against the euro held its trading partners

6. 10.000 Franc Guinea = U.S. $ 2.33

In 2002, African countries are rich in minerals, it rejects the suggested reform the International Monetary Fund, funds from abroad is stopped, and the central bank prints too much money

Source: http://www.dgoodinfo.com/2011/05/6-currency-lowest-in-world.html

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