[amdavadis4ever] Strangest Bank Notes!

 

Strangest Banknotes World's Largest Banknote (Philippines) As large as a sheet of legal paper, the world's  largest single banknote is the 100,000-peso note created by the Government of  the Philippines in 1998 to celebrate a century of independence from Spanish rule.  The note was offered only to collectors, who could purchase one of the limited-edition notes for 180,000 pesos (around US$3,700). One Hundred Trillion Dollars (Zimbabwe) Worth about US$300, the Reserve Bank of Zimbabwe  began printing these $100 trillion banknotes in January 2009.  At the time, the country had the highest inflation rate in the world, and the bill pictured above was worth about US$300. In July 2008, the inflation rate reached a stunning 231 million percent!  A single loaf of bread cost roughly 300 billion Zimbabwean dollars.  By April 2009, the Zimbabwean dollar was  defunct, but you can still get a copy of the banknote online. YOU must b very strong in arithmatic ven u go 4 shopping! - n so d shopkeeper 500,000,000,000,000,000,000 Banknote (Yugoslavia) The former European country of Yugoslavia experienced an amazing hyperinflation starting in 1989, until economic reforms took place in 1994. The highest banknote denomination in 1988 was 50,000 Dinara, but this had changed to 500,000,000,000 Dinara by 1994! Einstein's Banknote (Israel)  In 1952, the first Israeli prime minister,  David Ben-Gurion, offered physicist Albert Einstein the nominal position of president of Israel. Einstein turned down the offer, but the State of Israel still wanted to honor the physicist.  Therefore, when the Bank of Israel created their first currency, the Lirot, they celebrated Einstein in their 5-lirot note of 1968. Punched out Mobutu Banknotes (Zaire) In 1997, the African country of Zaire, known today as the Democratic Republic of the Congo, overthrew the totalitarian regime of Joseph Mobutu. When the new government found itself in a cash shortage, they decided to use large stacks of old 20,000-Zaire notes by simply punching out Mobutu's image, sustaining them until the new  currency was designed and printed.

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Posted by: Jaffer Kassam <Jafferkassam@gmail.com>

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