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100 000 000 B.-Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 100 000 000 000 000 000 000 Pengos (100 000 000 000 000 000 000 |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | SZÁZMILLIÓ B.-PENGŐ BUDAPEST, 1946. ÉVI JÚNIUS HÓ 3-ÁN MAGYAR NEMZETI BANK FŐTANÁCSOS ELNÖK VEZÉRIGAZGATÓ A BANKJEGYHAMISÍTÁST A TÖRVÉNY BÜNTETI (Translation: One hundred million billion Pengős / Budapest, 3 June 1946 / Hungarian National Bank / Chief Counsellor / President / Director General / Counterfeiting of banknotes is punishable by law) |
| Reverse description | Log in to see details |
| 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.