The worst cases of hyperinflation in history

Inflation is one of those subjects that economists and business professionals always seem to be talking about, yet due to its gradual effect on society,

Zimbabwe

1

Zimbabwe’s dollar went from being worth about US$1.25 in the 1980s to trillions of Zimbabwe dollars per single US dollar by 2009

Soviet Union

2

World War I, the early Soviet Union was facing an economic crisis when industrial production dropped to one-fifth of the level it had been before the war.

France

3

During the French Revolution inflation quickly struck when mass counterfeiting caused the value of these bonds to rapidly become worthless, leading to inflation

Hungary

4

From 1945 to 1946, Hungary’s inflation was so bad that the value of its currency was halving every 15 hours on average.

Yugoslavia

5

With a trade embargo placed on Yugoslavia in May of 1992

Venezuela

6

Hyperinflation began across Venezuela in the mid-2010s and went on for several years, reaching 1,698,488% in 2018.

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