1922 Germany 50000 Mark Fine
Tax included.
This note is an example of the hyperinflation experienced in the wake of WWII as Germany struggled with significant reparations. Money printing increased to a point at which purchasing power of currency was being diminished on a daily basis.
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000
By the end of 1922 an American dollar was worth 2000 Marks. The rate further deteriorated in 1923 until it reached an exchange rate of 1:2,000,000