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| 表面の説明 | A circular intaglio vignette at right frames a three-quarter portrait of Lucia Lendvay, an ordinary woman from Székesfehárvár, rendered against a fine guilloche underprint in pink and deep plum. At centre, the denomination numeral '1' is set within an elaborate medallion inscribed 'MILLIÁRD', flanked by baroque scrollwork and floral ornaments, with the issuer name 'MAGYAR NEMZETI BANK' and date 'BUDAPEST, 1946. ÉVI MÁRCIUS HÓ 18-ÁN' printed in bold letterpress. Three facsimile signatures appear below the bank name, identified by the role titles FŐTANÁCSOS, ELNÖK, and VEZÉRIGAZGATÓ. |
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| 表面の銘文 | EGYMILLIÁRD PENGŐ BUDAPEST, 1946. ÉVI MÁRCIUS HÓ 18-ÁN MAGYAR NEMZETI BANK FŐTANÁCSOS ELNÖK VEZÉRIGAZGATÓ A BANKJEGYHAMISÍTÁST A TÖRVÉNY BÜNTETI (Translation: ONE THOUSAND MILLION PENGŐ / Budapest, 18 March 1946 / Hungarian National Bank / Chief Counsellor – President – Director General / The law punishes banknote forgery) |
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| 偽造防止技術 | ログイン して詳細を見る |
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Hungary's 1946 hyperinflation remains the most severe ever recorded. By late July 1946, the daily inflation rate exceeded 200 percent, and the pengő's total collapse required denominations that strained basic comprehension — the milliárd pengő (one billion) was not the ceiling but a midpoint in a cascade that eventually produced the 100 quintillion pengő note. The entire pengő series was withdrawn on 1 August 1946 and replaced by the forint at a rate so extreme the conversion figure itself became historically famous: 400,000 quadrillion pengő to one forint.
Endre Horváth both designed and engraved the note — unusually, a single hand responsible for the full execution — working under conditions where the practical lifespan of any new denomination was measured in days.