![]() Text: 500, Deutsche Bundesbank, Banknote, Fünfhundert Deutsche Mark The reason why of the Germany Mark On the back, Eltz Castle in Munstermaifeld, Germany. The note of 500 fünfhundert deutsche mark shows “Portrait of a Man Without Beard” (by Hans Maler zu Schwaz) They were withdrawn from circulation in 1991. The Deutsche Bundesbank started issuing these 500 Deutsche Mark banknotes in 1960. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro-in contrast to the other Eurozone nations, where the euro and legacy currency circulated side by side for up to two months.ĭM coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002. Do you want to know more about the Germany 500 Mark ? When the Mark was replaced by the euro its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins in early 2002. It was first issued under Allied occupation in 1948 replacing the Reichsmark, and served as the Federal Republic of Germany’s official currency from its founding the following year until 1999. The Deutsche Mark (Germany 500 Mark (Deutsche Bundesbank)) was the official currency of West Germany (1948-1990) and Germany (1990-2002) until the adoption of the euro in 2002. value: 20 cents.slightly more than the paper on which it was printed.Description Germany 500 Mark (Deutsche Bundesbank) Although the notes were printed, they were never actually issued. In 1946, Hungary created this titanic bill, which was worth almost nothing in most countries in Europe. WWII destroyed the Hungarian pengo, which suffered the highest rate of hyper-inflation ever - prices doubled every fifteen hours. ![]() Created in 1998 to celebrate independence from Spain, the note was offered only to collectors who, funnily enough, shelled out 180,000 pesos ($3,700) for the bill. It’s approximately the same size as a typical piece of printer paper. The 100,000 peso note is the world’s largest single banknote. In fact, Mark Twain even wrote a book on the note. Every so often there’s a story about the one million pound note escaping. You won’t find this monstrous note in circulation, but the bill remains stashed away in the federal reserve - probably hoping to never see the light of day. ![]() (The paper probably retained more value than the actual bills.) Today, you can scrounge around on Ebay and find a slightly less valuable - but still very large - 500,000,000 note selling for $1.79. Yugoslavia: 500,000,000,000,000,000,000 DinarsĪt the peak of Yugoslavia’s hyperinflation in 19, when the currency doubled just about every day, a single US dollar equalled nearly six trillion Yugoslav dinars. And to demonstrate how insane inflation was during that time, a loaf of bread generally ran nearly 300 billion Zimbabwean dollars - so the banknote wouldn't even get you 350 loaves of bread. In January of 2009, Zimbabwe began printing these notes, and by April of 2009, the Zimbabwean dollar was defunct. Some of them were created in attempt to tame hyper-inflation, while others exist for the quirk. Here, we take a look at some of the largest banknotes from past and present. If you think pennies and nickels are just about useless, consider the other end of the spectrum: bills so large you can buy an entire island with it. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |