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A TOTALLY AMATEUR BANKNOTE COLLECTOR

Tuesday 18 April 2017

THE HUNGARIAN PENGO



This is a Hungarian 10 pengo note from 1936 with Patrona Hungariae (protector of Hungary) on the front and the statue of St Stephen on a horse. This note also has an SS overprint on the front left.

Explaination of OVERPRINT HERE

More notes from Hungary HERE

The pengő  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 hyperinflation ever recorded.

from Wikipedia

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