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How much is 1 USD in the 1920s equivalent to today?
1. Each country has its own different rules and regulations, which leads to different denominations of "money" in each country. Some countries have small denominations, but they are worth thousands of dollars. Some countries have a large face value, but they are worthless. However, for the stable development of national economy, most countries always control the denomination of currency within a certain range.
But there is such a country, when it first comes into contact with it, it will be surprised by those banknotes whose denominations are so large that there are countless zeros. The value of this country has exceeded the US dollar, and 5,000 trillion RMB is equal to 3 yuan RMB. "Money is worthless" has long been a recognized fact.
This African country is Zimbabwe, and the currency circulating in this country is the cheapest in the world. What is even more surprising is that the printing cost of money itself is even greater than its face value.
According to official data, at one time, 1 RMB could even be converted into 5 trillion Zimbabwe dollars. Perhaps such a straightforward account may not give onlookers the most intuitive feeling, then the following Roman figures will definitely give people the most direct visual and spiritual impact.
4. 1 yuan RMB = 5000000000000 Zimbabwe dollars, and the most intuitive data impact brought by "5" plus 15 zeros is shocking. I have never felt such a huge denomination of currency, which is not measured by simple "1 100 million" and other quantitative units.
It can be seen that Zimbabwe's currency is a "big denomination", but its extravagant figures have not improved the value of Zimbabwe's currency, but told people in another way that the country is stupid and economically backward.
Many people will wonder if Zimbabwean citizens don't know this. In fact, Zimbabwean citizens are still "self-aware". Someone once said that they saw a slogan similar to "No use of paper money as toilet paper" in public toilets in Zimbabwe.
Zimbabwe once issued a currency with a face value of 65,438+000 trillion, but it was really inconvenient to circulate later, and all the currencies have been invalidated.
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