Worst Hyperinflations in World History
| Highest monthly inflation rates in history | |||||
|---|---|---|---|---|---|
| Country | Currency name | Month with highest inflation rate | Highest monthly inflation rate | Equivalent daily inflation rate | Time required for prices to double |
| Hungary | Hungarian pengő | July 1946 | 4.19 × 1016 % | 207.19% | 15 hours |
| Zimbabwe | Zimbabwe dollar | November 2008 | 7.96 × 1010 % | 98.01% | 24.7 hours |
| Yugoslavia | Yugoslav dinar | January 1994 | 3.13 × 108 % | 64.63% | 1.4 days |
| Republika Srpska | Republika Srpska dinar | January 1994 | 2.97 × 108 % | 64.3% | 1.4 days |
| Germany | German Papiermark | October 1923 | 29,500% | 20.87% | 3.7 days |
| Greece | Greek drachma | October 1944 | 13,800% | 17.84% | 4.3 days |
Read more about this topic: Hyperinflation
Famous quotes containing the words worst, world and/or history:
“Galway is a blackguard place,
To Cork I give my curse,
Tralee is bad enough,
But Limerick is worse.
Which is worst I cannot tell,
Theyre everyone so filthy,
But of the towns which I have seen
Worst luck to Clonakilty.”
—Anonymous. Clonakilty, from Geoffrey Grigsons Faber Book of Epigrams and Epitaphs, Faber & Faber (1977)
“Whoever is not in the possession of leisure can hardly be said to possess independence. They talk of the dignity of work. Bosh. True work is the necessity of poor humanitys earthly condition. The dignity is in leisure. Besides, 99 hundredths of all the work done in the world is either foolish and unnecessary, or harmful and wicked.”
—Herman Melville (18191891)
“History is the present. Thats why every generation writes it anew. But what most people think of as history is its end product, myth.”
—E.L. (Edgar Lawrence)