Catalog
5000 Forint
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1990-1995 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse presents an intaglio vignette of the Hungarian Academy of Sciences building in Budapest, rendered in a detailed architectural style against a guilloche underprint. The denomination '5000' appears at each upper corner, with 'ÖTEZER FORINT' inscribed along the lower margin. |
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| Variants | P#177a - 31.07.1990 P#177b - 30.10.1992 P#177c - 16.12.1993 P#177d - 31.08.1995 |
| Comments |
The 5000 Forint was the highest denomination in Hungarian circulation during the terminal years of communist rule and the immediate post-transition period — a span in which inflation eroded its purchasing power so rapidly that the note became almost paradoxically inadequate as a high-value instrument almost from the moment it was printed. Hungary's inflation through the early 1990s was severe enough that this denomination, once meaningful, was effectively routine within a few years of issue.
Pénzjegynyomda, the state printing works established in Budapest in 1926, handled the entire production run domestically — an unbroken capability Hungary maintained even through the currency disruptions of the mid-20th century.