What is the most inflated currency ever?

Between the end of 1945 and July 1946, Hungary went through the highest inflation ever recorded. In 1944, the highest banknote value was 1,000 P. By the end of 1945, it was 10,000,000 P, and the highest value in mid-1946 was 100,000,000,000,000,000,000 P (10²⁰ pengő).

What is the highest inflation ever been?

The highest inflation in U.S. history was in 1917 when annual inflation reached a rate of 17.84%. The inflation rate of the following three years, from 1918 to 1920, rounded out the top four years with the highest rates in U.S. inflation rate history.

What is 100 quadrillion pengo?

Introducing the remarkable 1946 Hungary 100000 B-Pengo Banknote, boasting an astonishing denomination of (100 Quadrillion), denoted as P-133 in the realm of hyperinflationary currencies. This uncirculated gem stands as a testament to Hungary's tumultuous economic history during the hyperinflation of 1946.

What is the highest inflation rate in the world?

Global inflation paints a fractured economic picture, with Venezuela experiencing a staggering 400% inflation rate, followed by Zimbabwe and Argentina. These nations grapple with political instability and economic mismanagement.

What is the most rising currency?

The WORST Inflation in History | Tales From the Bottle

What is the weakest currency?

The Lebanese Pound (LBP) or lira, is the weakest currency in the world. The currency lost its value after the banking sector crisis in 2019. Once pegged at 1,500 LBP per USD from December 1997 through January 2023, it lost over 98% of its value following the crisis.

What country had the worst inflation ever?

Between the end of 1945 and July 1946, Hungary went through the highest inflation ever recorded. In 1944, the highest banknote value was 1,000 P. By the end of 1945, it was 10,000,000 P, and the highest value in mid-1946 was 100,000,000,000,000,000,000 P (10²⁰ pengő).

Does Venezuela still have hyperinflation?

Venezuela's annual inflation reached 229% in April, up dramatically from a year-over-year average of 94% in 2024. If current trends persist, Bank of America projects an inflation rate of 530% for 2025 — potentially Venezuela's worst economic year since the infamous hyperinflation cycle of 2017–2019.

What is the sextillion dollar bill in Hungary?

Hyperinflation in Hungary reached its climax in the autumn of 1946 when the usual pengo was replaced by adopengo. The bill was equal to a billion trillion, or sextillion pengo. It was the largest banknote in the world, which is an absolute record in the history of world economy.

Why doesn't Hungary use the euro?

Hungary originally planned to adopt the euro as its official currency in 2007 or 2008. Later 1 January 2010 became the target date, but that date was abandoned because of an excessively high budget deficit, inflation, and public debt. For years, Hungary could not meet any of the Maastricht criteria.

How much was 100 quintillion pengo worth?

-P (100 quintillion or 10²⁰ P). The note was initially worth about US$0.20. Notes of one milliard b. -P (one sextillion or 10²¹ P) were printed but never issued.

What was the worst economy in US history?

The vast majority of economic historians believe the Great Recession was the second worst contraction in US history, after the Great Depression.

What's the lowest inflation ever been?

Inflation Rate in the United States remained unchanged at 2.70 percent in July. Inflation Rate in the United States averaged 3.29 percent from 1914 until 2025, reaching an all time high of 23.70 percent in June of 1920 and a record low of -15.80 percent in June of 1921.

When did inflation hit 10%?

It is only the fourth time in 70 years that inflation has breached the 10% threshold, the other periods being 1951-52, 1973-77 and 1979-82.

What is the most broken currency?

Which currency is cheaper than INR?

What is the weakest passport in the world?

Which country has the weakest passport in 2025? Afghanistan ranks as the weakest passport in the world due to political unrest, limited international recognition, and the lowest visa-free access.

Whose dollar is worth the most?

Kuwait is a small country that is nestled between Iraq and Saudi Arabia, whose wealth has been driven largely by its large global exports of oil. You will receive just 0.30 Kuwait dinar after exchanging 1 US dollar, making the Kuwaiti dinar the world's highest-valued unit per face value.

Why is Kuwait dinar so strong?

Kuwaiti Dinar Dominance: The Kuwaiti dinar (KWD) is the world's most valuable currency, currently worth around $3.30 USD due to high demand for Kuwait's oil. Currency Valuation: A currency's value is driven by supply and demand, influenced by factors like interest rates, inflation, money supply, and capital flows.

What country has the worst economy?

The following 44 countries were still listed as least developed countries by the UN as of December 2024: Afghanistan, Angola, Bangladesh, Benin, Burkina Faso, Burundi, Cambodia, Central African Republic, Chad, Comoros, Democratic Republic of the Congo, Djibouti, Eritrea, Ethiopia, Gambia, Guinea, Guinea-Bissau, Haiti, ...

What is the inflation rate in Iran?

Iran inflation rate for 2023 was 44.58%, a 1.09% increase from 2022. Iran inflation rate for 2022 was. Iran inflation rate for 2021 was 43.39%, a 12.79% increase from 2020. Iran inflation rate for 2020 was 30.59%, a 9.31% decline from 2019.

Which country has deflation?

China is a perfect example of an economy with deflation or dangerously low inflation.