Hyperinflation - Worst Hyperinflations in World History

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:

    What is the worst of woes that wait on age?
    What stamps the wrinkle deeper on the brow?
    To view each loved one blotted from life’s page,
    And be alone on earth, as I am now.
    George Gordon Noel Byron (1788–1824)

    Decisive inventions and discoveries always are initiated by an intellectual or moral stimulus as their actual motivating force, but, usually, the final impetus to human action is given by material impulses ... merchants stood as a driving force behind the heroes of the age of discovery; this first heroic impulse to conquer the world emanated from very mortal forces—in the beginning, there was spice.
    Stefan Zweig (18811942)

    The History of the world is not the theatre of happiness. Periods of happiness are blank pages in it, for they are periods of harmony—periods when the antithesis is in abeyance.
    Georg Wilhelm Friedrich Hegel (1770–1831)