Catalog
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| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
| Type | Standard circulation banknote |
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| Reverse description | The reverse is printed in blue and centres on a large, finely engraved vignette of the Hungarian Parliament building in Budapest as seen from across the Danube, its neo-Gothic façade and central dome rendered in precise intaglio detail against a lightly clouded sky. Large ornamental letter B panels occupy the left and right margins, filled with stylised folk-art floral motifs. The denomination inscription SZÁZMILLIÓ B.-PENGŐ is repeated in the upper and lower border panels, flanking a small lozenge ornament. |
| Reverse lettering | SZÁZMILLIÓ B.-PENGŐ ✦ SZÁZMILLIÓ B.-PENGŐ (Translation: One hundred million billion Pengős) |
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| Comments |
The 100 million B.-Pengő — where one B.-Pengő equaled one billion Pengő — represents a face value of 100 quadrillion Pengő. Issued in July 1946, it circulated for only weeks before the Forint reform on 1 August ended the worst hyperinflation ever recorded. At peak, prices were doubling every fifteen hours.
Helbing and Horváth worked under extraordinary pressure at the Hungarian Banknote Printing Company in Budapest, producing denominations that had no historical precedent. The note was never intended to last.