http://coyoteodin.livejournal.com/ ([identity profile] coyoteodin.livejournal.com) wrote in [personal profile] lupestripe 2011-03-24 11:02 am (UTC)

During the period of hyperinflation in our major problem was the multiplicity of exchange rates. So, for example, in the autumn of 1999 the official exchange rate was about 300 000 - 320 000 rubles per dollar and the market - 700 000 - 750 000. And it is problematic to change the currency, so you buy in exchange offices was impossible to sell - to lose half the money ...but if you buy with it - was a big risk run into cheaters, and the police for it mercilessly fined

and, yes ... denomination bank notes - one million rubles banknote ... five million one bank note ....

PS by the way - say as a historian, that the first hyperinflation in our country was in the 17 century, when King Jan Casimir copper shillings were issued at a price of silver, although their real value was only 15% of their nominal value

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