Hungarian Pengo
OriginHungary
First Minted1927
MaterialVarious
TypeCurrency
About Hungarian Pengo
The currency that suffered the worst hyperinflation ever recorded. In July 1946, prices doubled every 15 hours. The highest denomination was the 100 million billion pengo note, worth about 20 US cents when printed. Hungary printed a 1 sextillion pengo note that was never issued. The pengo was replaced by the forint in August 1946. The forint was introduced at a rate of 400 octillion pengos to 1 forint.
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