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100 000 000 B.-Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
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| In circulation to | 31 July 1946 |
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|---|---|
| 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 | 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. |
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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.