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Description
Interesting historical note - crisp uncirculated - Graded by PMG these go for 100's dollars
Hyperinflation in Zimbabwe was a period of currency instability that began in the late 1990's shortly after the confiscation of private farms from landowners, towards the end of Zimbabwean involvement in the Second Congo War. During the height of inflation from 2008 to 2009, it was difficult to measure Zimbabwe's hyperinflation because the government of Zimbabwe stopped filing official inflation statistics. However, Zimbabwe's peak month of inflation is estimated at 79.6 billion percent in mid-November 2008. In 2009, Zimbabwe stopped printing its currency, with currencies from other countries being used. In mid-2015, Zimbabwe announced plans to have completely switched to the United States dollar by the end of 2015. Over the course of the five-year span of hyperinflation, the inflation rate fluctuated greatly. At one point, the US Ambassador to Zimbabwe predicted that it would reach 1.5 million percent. In June 2008 the annual rate of price growth was 11.2 million percent. The worst of the inflation occurred in 2008, leading to the abandonment of the currency. The peak month of hyperinflation occurred in mid-November 2008 with a rate estimated at 79,600,000,000% per month.
Details
Shipping & pick-up options
Destination & description | Price | |
---|---|---|
NZ Post buyers risk | $2.50 | |
NZ Post tracked | $8.00 | |
NZ Post tracked Rd | $10.50 |
Seller does not allow pick-ups
Payment Options
NZ Bank Deposit
Questions & Answers (1)
Hi is this a genuine note, has it been authenticated, it's just that there are a lot of counterfeit around. Thanks Tony 😀 a****1 (186 • 3:21 pm, Sun, 12 May )Hi thanks for the question - I bought this when you could still pick them up for a couple of dollars - so there would be no counterfeit then. There is a hidden watermark its the denomination to the right of the rocks - if you place a light behind the note it clearly makes the 50 trillion - a fake wont do this. This one does and the note is crisp and the printing sharp as. coindeal23 (94 • Sunday, 12 May 2024 )