Hungarian pengő

The pengő (Hungarian: [ˈpɛŋɡøː]; 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. Although the introduction of the pengő was part of a post-World War I stabilisation program, the currency survived for only 20 years and experienced the most serious case of hyperinflation ever recorded.

Hungarian pengő
pengő (Hungarian)
100 million trillion (100 quintillion) pengő (1946)
Unit
Pluralpengők
SymbolP
Denominations
Superunit
1000000milpengő
1 trillionb.-pengő
Subunit
1100fillér
Plural
fillérfillérek (note: the plural is typically not used about currency)
Symbol
fillérf.
Banknotes
Freq. used50 P, 100 P, 500 P, 1000 P, 10000 P, 100000 P, 1 million-P, 10 million-P, 100 million-P, 1 trillion-P
10000-mil.‑P, 100000-mil.‑P, 1 million-mil.‑P, 10 million-mil.‑P, 100 million-mil.‑P, 1 trillion-mil.‑P
10000, 100000, 1 million b.‑P, 10 million b.‑P, 100 million b.‑P
Rarely used1 trillion b.‑P (never issued)
Demographics
Date of introduction1 January 1927
ReplacedHungarian korona
Date of withdrawal1946
Replaced byHungarian adópengő Hungarian Forint
User(s) Kingdom of Hungary
 Republic of Hungary
Issuance
Central bankHungarian National Bank
Websitewww.mnb.hu
PrinterHungarian Banknote Printing Corp.
Websitewww.penzjegynyomda.hu
MintHungarian Mint Ltd.
Websitewww.penzvero.hu
Valuation
Inflation2.9×10177%
(annualised rate, July 1946)
This infobox shows the latest status before this currency was rendered obsolete.
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