Friday, 10 February 2012
You are here: Home Amazing & Intresting All People Was Billionaires In Yugoslavia (Serbia ) In 1993
All People Was Billionaires In Yugoslavia (Serbia ) In 1993 PDF Print E-mail
Tuesday, 05 February 2008 09:14

 

In September 1993, the exchange rate had fallen to 1,700,000,000 Dinara to 1 USD, and the highest denomination was the 10,000,000,000 Dinara note which was worth only 6 USD at that time. In October 1993, Yugoslavia reformed the currency in setting 1 Million old Dinara equal to 1 New Dinara. By the end of the year, the exchange rate was 3 Trillion (3,000,000,000,000) Dinara to 1 USD. The highest denomination at that time in Yugoslavia was the 500,000,000,000 Dinara note, and it was only worth 16 US Cents, by the end of the year. It probably cost more to print the notes than they were worth.

























Bookmark and Share
QUOTE THIS PAGE ON YOUR BLOG/SITE

CREATELINKTOWARDSTHISARTICLE



PREVIEWQUOTE

All People Was Billionaires In Yugoslavia (Serbia ) In 1993
  In September 1993, the exchange rate had fallen to 1,700,000,000 Dinara to 1 USD, and the highest...

 

More Articles...

The Steel House

News image

Designed by its owner, Robert Bruno, the Steel House is built entirely out of steel and weighs at about 110 tons. That’s a lot of steel, if someone was to sell the.......

READMORE

Skeleton Bar

News image

This odd-looking establishment was designed by Hans Rudi Giger (HR Giger), who worked as a designer on the Alien movies, receiving multiple awards, including.......

READMORE

Longest Eye-lashes Ever

News image

Fashion has been getting weirder and weirder for quite a while now, so sooner or later something like this had to happen.......

READMORE

Giant Ant Colony is a World Wo

News image

Watch an amazing video in which scientist uncover a giant ant colony that covers 50 square metres and goes eight metres down into the earth. The ants removed 40 tonnes of......

READMORE

How Evolution Happens

News image

Watch evolution unfold before you in this...

READMORE

Merrimac Memorial Bridge

News image

While traveling through the Monitor Merrimac, motorists do not lose their favorite local radio station while in the tunnel.......

READMORE
-
+
6