Zimbabwean one hundred trillion dollar note
Wikipedia - Recent changes [en] - Thursday, April 30, 2026From eswiki: report about fake $100 trillion notes.
← Previous revision Revision as of 15:55, 30 April 2026 Line 25: Line 25: | reverse_design_date = | reverse_design_date = }} }} The '''Zimbabwean one hundred trillion dollar note''' was a [[banknote]] of the [[Zimbabwean dollar (1980–2009)#Second re-denomination (ZWR)|third Zimbabwean dollar]] with a [[denomination (currency)|face value]] of $100 trillion, equal to 40 [[United States dollar|US cents]] in 2015.<ref name="timesunion-20150612">{{cite news|title=Count the zeroes: Zimbabwe allows old banknote exchange|url=https://www.jacksonville.com/story/news/2015/06/12/count-zeroes-zimbabwe-allows-old-banknote-exchange/15666840007/|access-date=30 April 2026|work=The Florida Times-Union|agency=Associated Press|publisher=USA Today Co.|date=12 June 2015|archive-url=https://web.archive.org/web/20240406105127/https://www.jacksonville.com/story/news/2015/06/12/count-zeroes-zimbabwe-allows-old-banknote-exchange/15666840007/|archive-date=6 April 2024|location=Jacksonville|language=en-us}}</ref> Issued by the [[Reserve Bank of Zimbabwe]] and legal tender from January 2009 to September 2015, it was one of the world's largest currency denominations (along with the [[Paper money of the Hungarian pengő#Postwar inflation series (1945–1946)|last notes]] of the [[Hungarian pengő]]), and symbolised the [[hyperinflation in Zimbabwe|2007–2009 period of hyperinflation]] in Zimbabwe.<ref name="si-object">{{cite web|last1=Moran|first1=Roger J.|title=100,000,000,000,000 Dollars, Zimbabwe, 2008|url=https://www.si.edu/object/100000000000000-dollars-zimbabwe-2008:nmah_1694052|website=National Museum of American History|publisher=Smithsonian Institution|access-date=30 April 2026|archive-url=https://web.archive.org/web/20240115002858/https://www.si.edu/object/100000000000000-dollars-zimbabwe-2008:nmah_1694052|archive-date=15 January 2024|location=Washington, D.C.|language=en-us|date=2008|url-status=live}}</ref> It has since gained significant interest from economists and banknote collectors, with examples selling for much more than their 2015 face value.<ref name="timesunion-20150612"/><ref name="wsj-20110511">{{cite news|last1=McGroarty|first1=Patrick|last2=Mutsaka|first2=Farai|title=How to Turn 100 Trillion Dollars Into Five and Feel Good About It|url=https://www.wsj.com/articles/SB10001424052748703730804576314953091790360|access-date=14 January 2026|work=The Wall Street Journal|publisher=Dow Jones & Company|date=11 May 2011|archive-url=https://web.archive.org/web/20141225051145/https://www.wsj.com/articles/SB10001424052748703730804576314953091790360|archive-date=25 December 2014|location=New York City|language=en-us}}</ref> The '''Zimbabwean one hundred trillion dollar note''' was a [[banknote]] of the [[Zimbabwean dollar (1980–2009)#Second re-denomination (ZWR)|third Zimbabwean dollar]] with a [[denomination (currency)|face value]] of $100 trillion, equal to 40 [[United States dollar|US cents]] in 2015.<ref name="timesunion-20150612">{{cite news|title=Count the zeroes: Zimbabwe allows old banknote exchange|url=https://www.jacksonville.com/story/news/2015/06/12/count-zeroes-zimbabwe-allows-old-banknote-exchange/15666840007/|access-date=30 April 2026|work=The Florida Times-Union|agency=Associated Press|publisher=USA Today Co.|date=12 June 2015|archive-url=https://web.archive.org/web/20240406105127/https://www.jacksonville.com/story/news/2015/06/12/count-zeroes-zimbabwe-allows-old-banknote-exchange/15666840007/|archive-date=6 April 2024|location=Jacksonville|language=en-us}}</ref> Issued by the [[Reserve Bank of Zimbabwe]] and legal tender from January to June 2009, it was one of the world's largest currency denominations (along with the [[Paper money of the Hungarian pengő#Postwar inflation series (1945–1946)|last notes]] of the [[Hungarian pengő]]), and symbolised the [[hyperinflation in Zimbabwe|2007–2009 period of hyperinflation]] in Zimbabwe.<ref name="si-object">{{cite web|last1=Moran|first1=Roger J.|title=100,000,000,000,000 Dollars, Zimbabwe, 2008|url=https://www.si.edu/object/100000000000000-dollars-zimbabwe-2008:nmah_1694052|website=National Museum of American History|publisher=Smithsonian Institution|access-date=30 April 2026|archive-url=https://web.archive.org/web/20240115002858/https://www.si.edu/object/100000000000000-dollars-zimbabwe-2008:nmah_1694052|archive-date=15 January 2024|location=Washington, D.C.|language=en-us|date=2008|url-status=live}}</ref> It has since gained significant interest from economists and banknote collectors, with examples selling for much more than their 2015 face value.<ref name="timesunion-20150612"/><ref name="wsj-20110511">{{cite news|last1=McGroarty|first1=Patrick|last2=Mutsaka|first2=Farai|title=How to Turn 100 Trillion Dollars Into Five and Feel Good About It|url=https://www.wsj.com/articles/SB10001424052748703730804576314953091790360|access-date=14 January 2026|work=The Wall Street Journal|publisher=Dow Jones & Company|date=11 May 2011|archive-url=https://web.archive.org/web/20141225051145/https://www.wsj.com/articles/SB10001424052748703730804576314953091790360|archive-date=25 December 2014|location=New York City|language=en-us}}</ref>==Description== ==Description== Line 39: Line 39: ==Aftermath== ==Aftermath==
Despite falling out of use in favour of [[hard currency|hard currencies]] such as the [[United States dollar]] in April 2009, the $100 trillion banknote remained redeemable until 30 September 2015, 6 years and 171 days after the Zimbabwean dollar was abandoned:<ref name="bbc-20090412"/><ref name="rbz-20150611">{{cite web|last1=Mangudya|first1=John|title=Press Statement: Demonetisation of the Zimbabwe Dollar|url=http://www.rbz.co.zw/pdfs/Public%20Notices/2015/Demonetisation%20Press%20Statement%209%20June%202015.pdf|website=Reserve Bank of Zimbabwe|access-date=15 January 2026|archive-url=https://web.archive.org/web/20150711113239/http://www.rbz.co.zw/pdfs/Public%20Notices/2015/Demonetisation%20Press%20Statement%209%20June%202015.pdf|archive-date=11 July 2015|location=Harare|language=en-zw|date=11 June 2015}}</ref> by then, banknote collectors were trading the $100 trillion note for much more than their pre-demonetisation face value of 40 US cents.<ref name="timesunion-20150612"/> The notes also became a target of [[high-yield investment program|investment scam]]s similar to [[Iraqi dinar#Use in speculation and fraud since the Iraq war (2003–present)|those affecting the Iraqi dinar]], where promoters falsely claimed that the notes would be "revalued" ([[deflation|deflated]]) to a profitable exchange rate.<ref name="skeptoid-20150714">{{cite web|last1=Rothschild|first1=Mike|title=The Next Great Currency Scam|url=http://skeptoid.com/blog/2015/07/14/the-next-great-currency-scam/|website=Skeptoid|publisher=Skeptoid Media|access-date=14 January 2026|archive-url=https://web.archive.org/web/20160409083535/http://skeptoid.com/blog/2015/07/14/the-next-great-currency-scam/|archive-date=9 April 2016|location=Laguna Niguel|language=en-us|date=14 July 2015}}</ref> Despite falling out of use in favour of [[hard currency|hard currencies]] such as the [[United States dollar]] in April 2009, the $100 trillion banknote remained redeemable until 30 September 2015, 6 years and 171 days after the Zimbabwean dollar was abandoned:<ref name="bbc-20090412"/><ref name="rbz-20150611">{{cite web|last1=Mangudya|first1=John|title=Press Statement: Demonetisation of the Zimbabwe Dollar|url=http://www.rbz.co.zw/pdfs/Public%20Notices/2015/Demonetisation%20Press%20Statement%209%20June%202015.pdf|website=Reserve Bank of Zimbabwe|access-date=15 January 2026|archive-url=https://web.archive.org/web/20150711113239/http://www.rbz.co.zw/pdfs/Public%20Notices/2015/Demonetisation%20Press%20Statement%209%20June%202015.pdf|archive-date=11 July 2015|location=Harare|language=en-zw|date=11 June 2015}}</ref> by then, banknote collectors were trading the $100 trillion note for much more than their pre-demonetisation face value of 40 US cents.<ref name="timesunion-20150612"/> The notes also became a target of [[high-yield investment program|investment scam]]s similar to [[Iraqi dinar#Use in speculation and fraud since the Iraq war (2003–present)|those affecting the Iraqi dinar]], where promoters falsely claimed that the notes would be "revalued" ([[deflation|deflated]]) to a profitable exchange rate,<ref name="skeptoid-20150714">{{cite web|last1=Rothschild|first1=Mike|title=The Next Great Currency Scam|url=http://skeptoid.com/blog/2015/07/14/the-next-great-currency-scam/|website=Skeptoid|publisher=Skeptoid Media|access-date=14 January 2026|archive-url=https://web.archive.org/web/20160409083535/http://skeptoid.com/blog/2015/07/14/the-next-great-currency-scam/|archive-date=9 April 2016|location=Laguna Niguel|language=en-us|date=14 July 2015}}</ref> and counterfeits that capitalise on the note's high collectable value.<ref name="lapo-20250102">{{cite web|title=How to spot a fake Zimbabwe 100 trillion dollar banknote|url=https://laponumismatics.com/blogs/noticias/how-to-spot-a-fake-zimbabwe-100-trillion-dollar-banknote|website=Lapo Numismatics|access-date=30 April 2026|archive-url=https://web.archive.org/web/20250610091755/https://laponumismatics.com/blogs/noticias/how-to-spot-a-fake-zimbabwe-100-trillion-dollar-banknote|archive-date=10 June 2025|location=Miami|language=en-us|date=2 January 2025|url-status=live}}</ref>
According to ''[[The Wall Street Journal]]'' in 2011, [[United States House Committee on the Budget|United States House Budget Committee]] Chairman [[Paul Ryan]] and Stanford University economist [[John B. Taylor]] each kept a $100 trillion note in their wallet as a physical reminder of the perils of hyperinflation.<ref name="wsj-20110511"/> According to ''[[The Wall Street Journal]]'' in 2011, [[United States House Committee on the Budget|United States House Budget Committee]] Chairman [[Paul Ryan]] and Stanford University economist [[John B. Taylor]] each kept a $100 trillion note in their wallet as a physical reminder of the perils of hyperinflation.<ref name="wsj-20110511"/>