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10 000 B.-Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Pengo (1927-1946) |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 10000 TIZEZER PENGŐ BUDAPEST, 1945 ÉVI JÚLIUS HÓ 15-ÉN MAGYAR NEMZETI BANK FŐTANÁCSOS ELNÖK VEZÉRIGAZGATÓ A BANKJEGYHAMISÍTÁST A TÖRVÉNY BÜNTETI |
| 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.