Hungarian adópengő
| adópengő (Hungarian) | |||||
|---|---|---|---|---|---|
| |||||
| Unit | |||||
| Symbol | AP | ||||
| Denominations | |||||
| Banknotes | 10,000, 50,000, 100,000, 500,000, 1 million, 10 million, 100 million adópengő | ||||
| Demographics | |||||
| User(s) |  Kingdom of Hungary Republic of Hungary | ||||
| Issuance | |||||
| Central bank | Hungarian State Treasury Hungarian Postal Savings Bank Hungarian National Bank | ||||
| Website | www | ||||
| Printer | Hungarian Banknote Printing Corp. | ||||
| Website | www | ||||
| Valuation | |||||
| Inflation | 3,572·106% | ||||
| Source | [1] | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The adópengő (in English: "tax pengő") was a temporary unit of currency of Hungary between 1 January 1946, when it was introduced to try to stabilise the pengő, and 31 July 1946, when both were replaced by the forint. Initially, the adópengő was only an accounting unit used by the government and commercial banks; later, bonds and savings certificates denominated in adópengő were also issued for the public and replaced pengő notes in circulation.
Statistics[edit]
| Date | Index number |
|---|---|
| 1 January | 1 |
| 1 February | 1.7 |
| 1 March | 10 |
| 1 April | 44 |
| 1 May | 630 |
| 1 June | 160,000 |
| 1 July | 7,500,000,000 (7.5×109) |
| 31 July | 2,000,000,000,000,000,000,000 (2×1021, 2 sextillion, or 2,000 billion billion) |
References[edit]
- ^ History of the Hungarian hyperinflation
- ^ Garami, Erika (1 November 2006). "Hyperinflation in numbers". Pénzportál (in Hungarian). Archived from the original on 21 July 2011. Retrieved 19 October 2022.
{{cite web}}: CS1 maint: unfit URL (link)
| Preceded by: Hungarian pengő Reason: to create a numerical basis for budget calculations Ratio: at par |
Currency of Hungary 1 January 1946 – 31 July 1946 Concurrent with: pengő |
Circulates in Hungary 1 August 1946 – 30 September 1946 Concurrent with: forint |
Succeeded by: Hungarian forint Reason: Hyperinflation Ratio: 1 forint = 2×108 adópengő |