100 Trillion Dollar Bill (Zimbabwe)
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$100 Trillion Zimbabwe note w/ Protective Hard Case

2008 / AA- Zimbabwe $100 trillion dollars note.

 

Zimbabwe 100-Trillion Bill in Hard Case

The notes are crisp uncirculated and have the AA Prefix - great collectors item

LIMITED NUMBER LEFT IN STOCK

Question: Can note be removed from hard case? A: Yes, it can be removed.

Question: Can I purchase in bulk? A: No, we have limited number remaining. Max purchase 5 notes

$49.99 US (one $100 trillion note + free removable hard protective case)

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10 trillion note

$19.99 US (one $10 trillion note + free removable hard protective case + bonus $1 note).
Serial numbers blurred in above photo. Each bill will have different number.

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In Zimbabwe, one Zimbabwe Dollar used to buy one loaf of bread and you would probably get some change back. A few years later a 100 Trillion Dollars was required to purchase that same sized loaf of bread! At the present time, the only value of the unique 100 Trillion Dollar bill is as a collectors item. It is an interesting lesson in history showing what happens when confidence in a currency is lost.

The 100 Trillion Dollar bill is the highest denomination bill that has ever been in circulation (at the time of writing in 2012). It represents an interesting time in history when Zimbabwe went through a period of hyper-inflation due to printing of money and political turmoil.

At one point inflation reached 231,150,888.87% percent (in 2008). The above bill was legal tender during the time it was printed. Due to continuing hyperinflation, the Zimbabwe Dollar was eventually discontinued and transactions are now done in other foreign currencies.

The interesting thing with hyper-inflation is that it is not things that get more expensive (relative to foreign currencies or other objects), but that the value of the Zimbabwe Dollar dropped drastically, meaning more and more Dollars were required to purchase the same item. For this reason more stable foreign currencies are now used in Zimbabwe, so that money can be saved without having it become virtually worthless days or weeks later. Other measures to deal with hyper-inflation are purchasing objects of fixed value that will hold their value relative to other tangible objects (and food) providing a way to save earnings to spend at a later date.

 

Tell a friend:

Fact

The US dollar like many other currencies is a fiat currency. This means the value is set/controlled by the government. It is not linked to the value of gold or any other commodity. Essentially, it has no intrinsic value, only the value it is assigned by the government.

Fortunately the US dollar is relatively well managed and it largely powers the business world, gold pricing, commodity pricing, etc. This makes it very stable with very little fluctuation in value.

We can all learn a lesson from the Zimbabwe dollar and understand how important prudent fiscal policy is to maintain the integrity of a currency.

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