Catalog
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| Issuer | Hungarian Mint, Budapest |
|---|---|
| Year | 1946-1947 |
| Type | Standard circulation coin |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
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| Edge | Reeded |
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| Additional information |
Hungary's postwar aluminum coinage of 1946 was a direct consequence of one of the worst hyperinflationary episodes in recorded history — by July 1946, the pengő had collapsed so completely that the government introduced the forint as an entirely new currency, with one forint exchanging at 400 octillion pengő. The aluminum 2 forint was among the first pieces struck under the new monetary order, produced just as the Budapest mint was resuming operations following wartime disruption and Soviet occupation.
Aluminum was chosen largely because Hungary's metal reserves were exhausted. The 1947 date is considerably scarcer than 1946.