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In December 1996, shortly after the Taliban took control of Afghanistan's institutions, Ehsanullah Ehsan, the chairman of the Taliban's Central Bank, declared most afghani notes in circulation to be worthless (approximately 100 trillion Afghani) and cancelled the contract with the Russian firm that had been printing the currency since 1992.
He was originally from Kandahar and belongs to the Popalzai tribe. [3] Shortly after the Taliban took over major Afghan institutions in December 1996, Ehsan, acting as Governor of Da Afghanistan Bank, declared most Afghani notes in circulation to be worthless and cancelled the contract with the Russian firm that had been printing the currency.
The Zimbabwean one hundred trillion dollar note is a denomination of Zimbabwean currency.It is one of the world's largest denominations of currency. [1] It was first issued in Zimbabwe on 16 January 2009 during the period of hyperinflation when the prices of goods rose rapidly and the government printed money in increasingly larger denominations to match market prices.
Horton said the $84 trillion adjusted for inflation would be $100 trillion today. Asset prices have also soared in value since Cerulli’s last valuation, with equities up 27% and real estate ...
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July 1923 saw notes up to 50-million-ℳ︁, with 10-milliard (10 10)-ℳ︁ notes introduced in September. The hyperinflation peaked in October 1923 and banknote denominations rose to 100-trillion (10 14)-ℳ︁. At the end of the hyperinflation, these notes were worth approximately £stg5.2 or US$23.81. [24] [25] [26]
The world's economic output will exceed $100 trillion for the first time next year and it will take China a little longer than previously thought to overtake the United States as the No.1 economy ...