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100 Forint
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1946 |
| Type | Log in to see details |
| Value | 100 Forint (100 HUF) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 SZÁZ FORINT BUDAPEST, 1946. ÉVI JÚNIUS HÓ 3-ÁN MAGYAR NEMZETI BANK |
| Reverse description | Log in to see details |
| Reverse lettering | A BANKJEGYHAMISÍTÁST A TÖRVÉNY BÜNTETI 100 SZÁZ FORINT |
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| Comments |
Hungary's postwar hyperinflation of 1945–46 remains the worst recorded in economic history, with the pengő ultimately collapsing to a denomination of 100 quintillion. The forint was reintroduced on 1 August 1946 as part of a stabilization program that required near-total elimination of the old currency — the conversion rate from pengő to forint was set at 400,000 quadrillion to one. This 100 Forint note belongs to that first forint emission, meaning it entered circulation on the day the new currency was born.
Magyar Bankjegynyomda, the domestic printing works, handled the entire series despite significant postwar disruption to production capacity in Budapest.