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2 Pengő

Issuer Magyar Nemzeti Bank
Year 1938
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Value 2 Pengos (2 Pengő)
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Obverse lettering KÉT PENGŐ
MAGYAR NEMZETI BANK
BUDAPEST, 1938. ÉVI JANUÁR HÓ 15-ÉN
ELNÖK
VEZÉRIGAZGATÓ
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Reverse lettering ZWEI PENGŐ · DVA PENGŐ
КЕТ ПЕНГОА · DUAS PENGO · ДВА ПЕНГЫА
KÉT PENGŐ
MNB
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Comments

This note was introduced as the Hungarian National Bank worked to consolidate a denominations structure that had been in flux since the pengő replaced the korona in 1927. By 1938, Hungary was already gravitating economically and politically toward Germany, and the domestic printing industry — including the State Printing House in Budapest — was absorbing increasing wartime production pressures that would eventually degrade note quality across the entire pengő series.

Franke Rupert's credit on this issue is worth noting: he was one of the few Hungarian designers whose work appeared across multiple denominations in the interwar period, giving the pengő series an unusual visual coherence for its time.

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