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100 000 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 | SZÁZEZER B.-PENGŐ MAGYAR NEMZETI BANK (Translation: One hundred thousand billion Pengoes Hungarian National Bank) |
| Reverse description | Log in to see details |
| Reverse lettering | SZÁZEZER B.-PENGŐ (Translation: One hundred thousand billion Pengoes) |
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| Comments |
This note belongs to the most extreme hyperinflationary episode ever recorded. Hungary's postwar inflation peaked in July 1946 when the daily inflation rate exceeded 200 percent — the monthly rate for July alone was approximately 4.19 × 10¹⁶ percent. The B-pengő (bilpengő) was introduced as a denomination equal to one trillion pengő, meaning this 100,000 B-pengő note represented 10¹⁷ ordinary pengő.
Despite a print run of over twelve million, the notes were functionally obsolete almost immediately upon issue. The forint replaced the entire pengő series on 1 August 1946 at a conversion rate so extreme that no mathematical rounding could make it intuitive.