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20 Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1930 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse description | The reverse is executed in dark blue-grey intaglio on a green-tinted guilloche underprint, centred on a detailed architectural vignette of the Hungarian Parliament Building (or a major public edifice) set within a chain-bordered oval frame. A large diamond-shaped guilloche panel to the left bears the numeral 20 and the word PENGŐ in interlocking latticework, while a narrow ornamental cartouche to the right carries a further numeral. Multilingual denomination inscriptions in Hungarian, German, Serbian/Croatian, Bulgarian, Russian, and Romanian run in banderole panels above and below the central vignette. |
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| Protection type | Watermark |
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| Comments |
The Magyar Nemzeti Bank's 1930 series was printed during a period of relative monetary stabilization following Hungary's hyperinflationary collapse of 1922–1924, which had rendered the korona worthless and necessitated the introduction of the pengő in 1927. This 20 pengő note belongs to the first generation of pengő issues designed to project institutional credibility after that crisis.
With over twelve million printed, this is not a scarce note in absolute terms, though wartime attrition and the 1946 currency replacement — when the pengő itself was obliterated by what remains the worst hyperinflation ever recorded — destroyed much of the surviving stock.