All People Was Billionaires In Yugoslavia (Serbia ) In 1993

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moonjee06
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All People Was Billionaires In Yugoslavia (Serbia ) In 1993

Post by moonjee06 » Feb 20, 2009 Views: 2751

All People Was Billionaires In Yugoslavia (Serbia ) In 1993

In September 1993, the exchange rate had fallen to 1,700,000,000 Dinara to 1 USD, and the highest denomination was the 10,000,000,000 Dinara note which was worth only 6 USD at that time. In October 1993, Yugoslavia reformed the currency in setting 1 Million old Dinara equal to 1 New Dinara. By the end of the year, the exchange rate was 3 Trillion (3,000,000,000,000) Dinara to 1 USD. The highest denomination at that time in Yugoslavia was the 500,000,000,000 Dinara note, and it was only worth 16 US Cents, by the end of the year. It probably cost more to print the notes than they were worth.



















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sunny
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Post by sunny » Feb 21, 2009

ha ha ha...Billionaires....lol

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Post by admin » Jan 11, 2011

its very interesting piece of information
Almost same is the case in zimbabwe

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Cyra
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Post by Cyra » Jan 11, 2011

admin wrote:its very interesting piece of information
Almost same is the case in zimbabwe
jald he Pakistan mai b ye situation ho skte hai,
jis tarha hmari currency devalue ho rha hai.

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