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| 背面描述 | Brown and light blue-green note with a symmetrical design centred on the Hungarian crowned coat of arms flanked by elaborate foliate scrollwork. Two stylised blue bird vignettes appear at left and right of the central arms, set against a guilloche underprint. A multilingual denomination panel along the upper border renders the value in Russian, Romanian, Slovak, Serbo-Croatian, and German, while the numeral "100000" is repeated at top and bottom, with "SZÁZEZER PENGŐ" inscribed in a panel at the foot. |
| 背面铭文 | 100000 СТО ТИСЯЧ ПЕНГЕ УНА СУТЭ МИИ ПЕНГЕИ СТОТИСІЦ ПЕНГŐ СТО ХИЉАДА ПЕНГОВА ЈТО ХИЉАДА ПЕНГОВА HUNDERTTAUSEND PENGŐ 100000 SZÁZEZER PENGŐ (Translation: One Hundred Thousand Pengoes — in Russian, Romanian, Slovak, Serbian/Croatian, and German) |
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Hungary's postwar hyperinflation was among the worst ever recorded, and this note arrived early in the collapse. By the time the 100,000 pengő was issued in 1945, the currency had already been deteriorating for years under wartime financing — but the real disintegration was still ahead. Within months, denominations would climb to the milpengő and then the b.-pengő, making this note effectively worthless before the ink was dry on later issues.
Printed domestically by the Hungarian Banknote Printing Company (Pénzjegynyomda) in Budapest, which continued operating through the Soviet occupation and the entire inflationary spiral.