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500 Pengő

发行方 Magyar Nemzeti Bank
年份 1945
类型 Standard circulation banknote
面值 登录 以查看详情
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材质 登录 以查看详情
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印刷机构 登录 以查看详情
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正面描述 登录 以查看详情
正面铭文 登录 以查看详情
背面描述 Dark blue and black print on a salmon-pink guilloche underprint, with the denomination and note value rendered in six languages arching across the upper portion of the note. Series and serial number appear in red near the bottom.
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变体 P#117a - First letter of the Russian word for "500" (ПЯTЬCOT) on back correctly spelled with "П"
P#117x - Error: First letter of the Russian word for "500" (ПЯTЬCOT) on back spelled with an "N" instead of cyrillic letter "П"
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Hungary's postwar hyperinflation — the worst ever recorded — began building through 1945, and this note was already obsolescent almost from the moment of issue. The pengő collapsed so rapidly that denominations issued within months of this one were measured in billions and trillions. A print run of over twelve million was not unusual for the period; volume was the only mechanism available to an economy where money was losing value faster than it could be physically distributed.

By August 1946, the forint replaced the pengő at a rate of 400,000 quadrillion pengő to one forint — a ratio that required a decimal adjustment with no real precedent in monetary history.

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