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Originally Posted by SnerpGoodWord  There are MANY examples, but the Greek Drachma in late 1944 would be an excellent example of a major European currency going to zero. |
Hyperinflation produced by war in a tiny country under military occupation. Indeed, if you are averaging down on the New Zealand dollar and China invades during a world war, stop! lol
You are also wrong. It did not go to zero. It was converted into a new currency.
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The Yugoslav Dinar did it in 1994.
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It did not go to zero in this example either.
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The German Mark did it in 1922-23.
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Hum... nope... not zero.
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Average down in any one of those currencies, and you go broke.
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Or not.