Issuer    Hungary 
Issuing bank    Hungarian National Bank (Magyar Nemzeti Bank)
Period    Provisional Government (1945)
Type    Standard banknote
Year    1945
Value    1000 Pengos (1000 Pengő)
Currency    Pengo (1927-1946)
Composition    Paper
Size    182 × 88 mm
Shape    Rectangular
The 1000 Pengő banknote from Hungary, issued in 1945, is a fascinating piece of history. Let's delve into its details:
Obverse: The front features a portrait of an allegorical woman adorned with flowers on the right, with the Hungarian coat of arms to her left. The signatures of Zsigmon Thaly, Imre Oltvanyi, and Lajos Farago are also present.
Reverse: The note's value is displayed in six languages at the top left and right. The series and serial number appear in red below the center.
Variants:
Without red adhesive stamp: This variant is denoted as P#118a and was issued in July 1945.
With red adhesive stamp: This variant is denoted as P#118b and also dates back to July 1945.
The 1000 Pengő banknote reflects a turbulent time in Hungary's history, marked by economic challenges and inflation. Interestingly, the government attempted to control inflation by imposing a one-off capital levy, which led to the overprinting of the 1000 Pengő notes with a red adhesive stamp.
As for the value of 1000 Pengő in today's terms, it's difficult to directly compare it to modern currency due to the significant changes in economic conditions. However, this historical banknote serves as a reminder of the complexities faced during that era.