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Reply #30
by Zantetsuken on 31 Jan, 2010 21:15
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COOL NOTE!
100 Roubles was not worth very much in 1920,as the Russian Civil War caused the value of the Russian Rouble to get hit by inflation.
There were notes as high as 10,000,000 Roubles.
Aidan.
Hi Aidan. The economy was indeed ravaged by the civil war. It was especially evident in Soviet Transcaucasia with notes as high as 1 and 10 Billion Rubles by 1924. ~Daniel.
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Reply #31
by BCNumismatics on 31 Jan, 2010 21:36
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Daniel,
Similar things occurred in Germany,Hungary,the former Yugoslavia,& Zimbabwe,as they all issued banknotes denominated in Billions of anything,as did China & what was the U.S.S.R..
Mind you,Zimbabwe did have the world record for issuing a banknote actually depicting the most zeroes - the $100 Trillion note of 2008,which was issued in early January 2009,but disappeared from circulation straight away.
Aidan.
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Reply #32
by Zantetsuken on 31 Jan, 2010 22:02
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Daniel,
Similar things occurred in Germany,Hungary,the former Yugoslavia,& Zimbabwe,as they all issued banknotes denominated in Billions of anything,as did China & what was the U.S.S.R..
Mind you,Zimbabwe did have the world record for issuing a banknote actually depicting the most zeroes - the $100 Trillion note of 2008,which was issued in early January 2009,but disappeared from circulation straight away.
Aidan.
Sad but true. History has a ugly way of repeating itself. ~Daniel
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