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Issuer:    Hungary 
Issuing bank:    Hungarian National Bank (Magyar Nemzeti Bank)
Period:    Provisional Government (1945)
Type:    Standard banknote
Year:    1945
Value:    10 000 000 Pengos (10 000 000 Pengő) (10 000 000)
Currency:    Pengo (1927-1946)
Composition:    Paper
Size:    180 × 85 mm
Shape:    Rectangular
Demonetized:    Yes

The 1945 Hungary 10 Million Pengo banknote is a remarkable piece of monetary history, issued during a period of extreme hyperinflation. It represents one of the most severe instances of currency devaluation in history. Let's delve into the details:

Denomination: 10,000,000 Pengo
Date of Issue: 1945
Condition: Circulated (used)
Design Features:
The banknote is a combination of black, orange, red, and yellow hues.
On the obverse, it features:
The coat of arms of Hungary flanked by two angels.
Stylized flowers.
A portrait of Lajos Kossuth.
Dimensions: Approximately 185 x 87 mm.
Signatories: Pal Fellner, Oltvanyi Imre, and Farago Lajos.
This banknote reflects the Hungarian government's desperate efforts to keep up with the rapidly decreasing value of their currency during a challenging economic period. Imagine handling such large denominations in everyday transactions! 🇭🇺💰

!Hungary 10 Million Pengo Banknote

If you're interested in collecting banknotes, this piece of history is certainly captivating. Whether you're a numismatist or simply intrigued by currency, it's a tangible link to a tumultuous time in Hungary's past. 📜🌟


 

1945 Hungary 10 Million Pengo Circulated Banknote

SKU: HUN1013A
C$20.00Price
Out of Stock
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