Hyperinflation

Start and end date: October 1921 – September 1922

Peak month and rate of inflation: August 1922, 129%

Peak Month and Rate of Inflation: Mar. 1990, 82.39%

Bolivia Increasing hyperinflation in Bolivia has plagued, and at times crippled, its economy and currency since the 1970s. At one time in 1985, the country experienced an annual inflation rate of more than 20,000%. Fiscal and monetary reform reduced the inflation rate to single digits by the 1990s, and in 2004 Bolivia experienced a manageable 4.9% rate of inflation. In 1987, the Bolivian peso was replaced by a new boliviano at a rate of one million to one (when 1 US dollar was worth 1.8–1.9 million pesos). At that time, 1 new boliviano was roughly equivalent to 1 U.S. dollar. Brazil Main article: Hyperinflation in Brazil Brazilian hyperinflation lasted from 1985 (the year when military dictatorship ended) to 1994, an accumulated inflation of 184,901,570,954.39% caused by uncontrolled printing of money. There were many economic plans that tried to contain hyperinflation with zeros cuts, price freeze and even confiscation of bank accounts. The highest value was in March 1990, when the government inflation index reached 82.39%.Hyperinflation ended in July 1994 with the Real Plan during the government of Itamar Franco. During the period of inflation Brazil adopted a total of six different currencies, as the government constantly changed due to rapid devaluation and increase in the number of zeros. Start and End Date: Jan. 1985 - Mid-Jul. 1994