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10 000 B.-Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
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| Composition | Log in to see details |
| Size | 175 × 85 mm |
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| Obverse description | The obverse is printed in purple-brown tones and centres on an oval guilloche vignette at right containing a portrait of a young woman in three-quarter profile facing left, wearing a tiara. To the left, an elliptical panel carries the denomination inscription "TIZEZER PENGŐ" above the issuing authority "MAGYAR NEMZETI BANK" and the date "BUDAPEST, 1945 ÉVI JÚLIUS HÓ 15-ÉN". The Hungarian coat of arms appears below the central text panel, flanked by two manuscript signatures over the printed titles "FŐTANÁCSOS ELNÖK" and "VEZÉRIGAZGATÓ", with the numeral 10000 at upper centre and an anti-counterfeiting warning legend along the lower border. |
|---|---|
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| Reverse description | The reverse is printed in the same purple-brown palette and organised around a large central guilloche oval bearing the numeral "10000" flanked symmetrically by the word "TIZEZER" on each side. The surrounding field is filled with intricate lathe-work and ornamental scroll patterns. Multi-lingual denomination inscriptions in Serbian, Ukrainian, Slovak, Romanian, and German run along the upper and lower borders, with the serial number prefixed by the letter "L" at lower left and a six-digit number at lower right. |
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| Comments |
The B.-Pengő — Billió-Pengő, meaning trillion Pengő — was itself a unit invented purely to cope with Hungary's hyperinflation of 1945–46, the worst ever recorded. By the time this 10,000 B.-Pengő note was issued, a single B.-Pengő equalled one quadrillion original Pengő. Printing kept pace with collapse only by abandoning any pretense of monetary stability; denominations escalated faster than the presses could distribute them.
The Adópengo tax unit introduced in parallel was actually appreciating daily against the Pengő, creating a surreal two-currency arithmetic. Stabilization came on 1 August 1946 with the Forint, at a conversion rate so extreme it required scientific notation to express.