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10 Forint

Issuer Magyar Nemzeti Bank
Year 1947
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Currency Forint (1946-date)
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Reverse description The central vignette, rendered in fine intaglio, reproduces János Jankó's painting 'A Dal Születése' (Birth of the Song), presented within a large scalloped oval frame: a pastoral scene beneath tall trees with a group of figures gathered on a riverbank in a traditional Hungarian landscape. Flanking the central vignette are two symmetrical guilloche rosettes each bearing the numeral '10', set against a lightly tinted underprint. The denomination 'TÍZ FORINT' appears in decorative bannerwork at both the top and bottom of the composition.
Reverse lettering TÍZ FORINT
JANKÓ J. PINX. NAGY Z. SC.
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Hungary's postwar stabilization of August 1946 — the forint replacing the pengo at a rate of 1 forint to 400 octillion pengő — remains the most extreme currency conversion in recorded history, ending the worst hyperinflation ever documented. This note arrived in the first full year of forint circulation, when the new currency was still proving its stability to a deeply traumatized public.

Endre Horváth handled both design and engraving on the obverse, an unusual consolidation of roles. Zoltán Nagy's contribution to the reverse intaglio work is often overlooked — János Jankó is credited for the reverse design but did not engrave it.

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