monetary reform

I am waiting

Myanmar, Myanmar, Burma, Bama... is a country of rich history and a unique heritage such as linguistic diversity, Buddhist temples, indigenous food and customs (read, for example, about their personal names...). Unfortunately, since its (re)independence, it has been in a state of constant internal conflicts and political instability with no end in sight. In

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The banknote with the highest denomination in history: Hungary's 100 quintillion pengő from 1946.

In numismatics, there are numerous records, and one of them is a banknote recorded in the „Guinness Book of Records“, which is the banknote with the highest denomination ever issued – 100 quintillion pengő (10²⁰). This exceptional, almost surreal denomination of the banknote was issued in 1946 in Hungary.

The banknote with the highest denomination in history: Hungary's 100 quintillion pengő from 1946. Read more »

„Removing four zeros from the dinar, the introduction of convertibility, and the economic situation in Yugoslavia in 1990

This video vividly depicts what the economic and monetary situation was in Yugoslavia on the „eve of the war,“ in 1990. As part of its economic stabilization measures, the government of Prime Minister Ante Marković „shaved“ four zeros off the dinar and introduced its convertibility. According to the new exchange rate, it was

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From the HRT Archive: Inflation and the Devaluation of the Dinar in Socialist Yugoslavia

Inflation, devaluation, and the general decline in the value of money have recently become current topics again. We can say that this phenomenon has shocked today's generations and they still cannot recover, wondering how something like this is possible? Especially in the 21st century and in

From the HRT Archive: Inflation and the Devaluation of the Dinar in Socialist Yugoslavia Read more »

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