Catalog
2 Forint
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1955 |
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| Value | Log in to see details |
| Currency | Forint (1946-date) |
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| Obverse description | The obverse is printed in blue tones and bears a portrait vignette of Hungarian revolutionary journalist Mihály Táncsics at right, rendered in intaglio style. At center-left, the Hungarian People's Republic coat of arms is positioned beneath the central text block, with two cursive signatures appearing below. A guilloche underprint with a floral rosette motif forms the background behind the central inscriptions. |
|---|---|
| Obverse lettering | KÉT FORINT MAGYAR NEMZETI BANK BUDAPEST 1955. ÉVI JANUÁR HÓ 31.-ÉN TÁNCSICS MIHÁLY (Translation: TWO FORINT / HUNGARIAN NATIONAL BANK / BUDAPEST / 1955 JANUARY 31 / MIHÁLY TÁNCSICS) |
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| Comments |
The 1955 Hungarian 2 Forint belongs to a stabilization-era series introduced after the catastrophic 1946 hyperinflation — the worst recorded in history, during which the pengő was replaced by the forint at a ratio of 400 octillion pengő to one. By 1955, the forint was a decade old but the economy remained tightly centralized under Soviet-aligned planning, and low-denomination notes like this one circulated heavily under artificial price controls that kept small change in constant demand.
Cotton-composition paper was standard for Hungarian issues of this period, sourced domestically through state-controlled production.