Hungary 100 Pengo
Issuer: Hungary
Regent: Nicolas Horthy (1920-1944)
Type: Standard banknote
Year: 1930
Value: 100 Pengos (100 Pengő)
Currency: Pengo (1927-1946)
Composition: Paper
Size: 177 × 90 mm
Shape: Rectangular
Demonetized: Yes
The Hungarian pengő (sometimes written as pengo or pengoe in English) was the currency of Hungary between 1 January 1927 (when it replaced the korona) and 31 July 1946 (when it was replaced by the forint). The pengő was subdivided into 100 fillér.The name "pengő" has an interesting origin. It derives from the Hungarian participle "pengő," which means 'ringing'. Historically, this term was used from the 15th to the 17th century to describe silver coins that made a ringing sound when struck on a hard surface, indicating their precious metal content. After the introduction of paper money (Austro-Hungarian gulden) in Hungary, the term "pengő forint" referred to forint coins, literally meaning 'ringing forint' or figuratively, 'silver forint' or 'hard currency'].
Now, let's explore the specific denomination of 100 Pengő:
Denomination: 100 Pengő
Issued by: Government of National Unity, VeszprémNotable Context: This period saw massive hyperinflation in Hungary.
!100 Pengő BanknoteThe 100 Pengő banknote is a fascinating relic from a time of economic turmoil. Its face value may seem modest, but during hyperinflation, it represented an astronomical amount. Imagine carrying a note worth 100 quintillion pengő! 🤯
It's a remarkable piece of history that reflects the challenges faced by Hungary during that era.
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SKU : HUN1014A
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