Hungarian one-hundred-quintillion-pengő banknote

Common card · No. 222856

The one-hundred-quintillion-pengő banknote is one of the highest-denomination banknotes ever circulated, issued in 1946 during Hungary's extreme post-WWII hyperinflation, a period of unprecedented economic chaos where the currency lost value incredibly fast (see Hyperinflation § Hungary or Hungarian pengő § Hyperinflation). This massive note, sometimes called the one hundred million b.-pengő (Hungarian: százmillió b.-pengő), was part of a series symbolizing the peak of this inflation, though an even higher, unissued sextillion pengő note was also printed. The exchange rate of the one-hundred-quintillion-pengő note at the time was approximately $0.20 United States dollars.

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