Hungarian B.-Pengo Notes, 1946
Also known as: Milpengo, B.-pengo
Well documentedSupported by multiple reputable specialist catalogues or publications.
Period
1946
Issuing entity
HungaryHungarian notes of the 1946 hyperinflation, denominated in milpengo and b.-pengo units where each unit stood for a million or a million million pengo respectively.
Historical context
The 1946 Hungarian episode is generally described as the most severe recorded hyperinflation; the pengo was replaced by the forint in August 1946.
Physical characteristics
- Denomination system
- Milpengo and b.-pengo multiples of the pengo
Design
- Design
- Printed denomination in written units rather than full figures
Identification
- Key feature
- The denomination is expressed in multiplier words, so the face value must be read as a multiple, not a plain number
Catalogue references
No catalogue numbers recorded. Numbers are only published once transcribed from a verified edition of a standard catalogue — they are never inferred.
Research required
- Denomination list and Pick numbers to be transcribed from a verified edition
- Issue dates per denomination to be sourced