And still is in some of those countries (e.g. Zimbabwe), except it is the indigenous people, not the white colonists, who are printing it.
True; you’ve reached a real low point when your currency isn’t even traded internationally.
The 1920s Weimar hyperinflation is often compared to the Zimbabwe issue, but they have two very different backgrounds. Zimbabwe’s currency has no value because there is no underlying asset (the country is basically reverting to nature as the agriculture sector collapsed); Germany issued bazillions in banknotes because the Allies allowed them to pay the war reparations with paper instead of gold (so they paid it very quickly with paper, which then flooded the economy and quickly lost value).