See full images - free registration
Continue with Google - no registration! or register with email

Why register? Just to keep bots out of our catalog. Your email stays private - we will never share it or send you anything uninvited. We guarantee you that!

50 Pengő

Issuer Magyar Nemzeti Bank
Year 1926
Type Log in to see details
Value 50 Pengos (50 Pengő)
Currency Log in to see details
Composition Log in to see details
Size Log in to see details
Shape Log in to see details
Printer Log in to see details
Designer(s) Log in to see details
Engraver(s) Log in to see details
In circulation to Log in to see details
Reference(s) Log in to see details
Obverse description Log in to see details
Obverse lettering ÖTVEN PENGŐ
BUDAPEST, 1926. ÉVI MÁRCIUS HÓ 1-ÉN
MAGYAR NEMZETI BANK
FŐTANÁCSOS
ELNÖK
VEZÉRIGAZGATÓ
A BANKJEGYEK UTÁNZÁSÁÉRT TÖRVÉNYSZABTA BÜNTETÉS JÁR
Reverse description Log in to see details
Reverse lettering Log in to see details
Signature(s) Log in to see details
Protection type Log in to see details
Protection description Prince Ferenc II Rákóczi's portrait visible in the paper when held to light.
Variants Log in to see details
Comments

Hungary's postwar hyperinflation of 1922–24 had rendered the korona worthless — at its worst, notes were being issued in the billions. The 1926 pengő series was the direct consequence of a League of Nations-supervised stabilization program, which tied the new currency to gold and handed oversight to an international committee seated in Geneva. The Magyar Nemzeti Bank itself had only been re-established in 1924 as a condition of that loan arrangement.

This note was printed domestically, which was a deliberate political choice — Hungary wanted visible control over its own monetary reconstruction after years of external interference.

YOU MAY ALSO LIKE