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Monday, January 28, 2008
$10,000,000 Bill: A very high currency banknote
Zimbabwe has decided to issue a very high currency banknote, a $10,000,000 (that's ten million) bill. The country has been experiencing inflation in excess of 50,000% per year. The currency was created due to the severe shortage of money in the country. By the way $10,000,000 in Zimbabwe dollars equals about $3.90 in U.S. currency.
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