Uncommon

Hungarian pengő

Former currency of Hungary, used 1927–1946

Hungarian pengő

Uncommon card · No. 176791

The pengő (sometimes spelled 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 was rendered worthless by the most extreme hyperinflation ever recorded.

Read on Wikipedia · Image Magyar Nemzeti Bank (Hungarian National Bank), Public domain

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