Black print on underprint in shades of brown. Text arching either side of upper centre describes note`s value in six languages. Series and serial number appears in red near the bottom of the note.
Signature(s)
Protection type
Protection description
Obverse lettering
500
Ötszáz Pengő
Budapest, 1945. évi május hó 1-én
Magyar Nemzeti Bank
A bankjegyhamisitást a törvény bünteti (Translation: 500 Pengoes Budapest, 1st of May, 1945 Hungarian National Bank Counterfeiting banknotes is punishable by law)