Hyperinflation: How a Visitor Becomes a Millionaire Instantly

When in a foreign country they give you give for your money a bunch of notes worth millions in local currency and the trick to make conversions easy. I added couple of photos of the funniest notes.

It is a strange sensation when you are not used too, and the inconvenience of having to deal with such big numbers, needing more time to understand prices and afraid of being cheated with the change. Those little notes look like the ones from monopoly and some of them are barely worthless. The funniest banknotes are the overprinted ones with a different value on each side, and even more confusing, when the facial and the real value are different, and you have to remember that 50.000 equals half a million.

Both sides of a 10-thousand Transdnistrian roubles, overprinted on a one-rouble note.

The very few occasions when I was a millionaire the trick was keeping always a million in your pocket. As soon as I had less it was time to change money again. That wasn't anyway a huge lot, as in Ukraine in the middle 90's, one million coupons was approximately 7 dollars of that time, enough to pay a reasonably good meal for two. Prices of things were amazing. I remember in Transdnistria I paid over half a million roubles for a fake musical tape. Transdnistria is a thin stripe of land, de facto independent since 1992, between Moldavia and Ukraine. When dealing with those amounts you tend to avoid the word thousand, so saying twenty when you mean twenty thousand or four hundred when you mean four hundred thousand. Anyway a million was always a million. I wonder how they manage right now in Zimbabwe with one of the highest denomination banknote ever printed. One hundred American billion dollars (One hundred thousand millions in Europe) in a single piece of paper. That is 100.000.000.000 and it's worth apriximately 1 USD. Still, I could find an even bigger one, printed in the former Yugoslavia for 500 billion.

A 500 billion Yugoslavian dinar note.

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Comments (3)
#1 by dee gold
Jul 29, 2008
nice article
#2 by Rolf
Aug 23, 2008
I also want to be a millionaire, but a real one in dollars or euros or any other strong currency.
#3 by Alberto
Jan 1, 2009
So there are easier ways to become millionaire.
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