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100 Pengő
| Issuer | Magyar Nemzeti Bank |
|---|---|
| Year | 1930 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#98 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 100 Száz Pengő Magyar Nemzeti Bank Budapest, 1930. évi július hó 1-én A bankjegyek utánzásáért törvényszabta büntetés jár Mátyás király 1440-1490 (Translation: 100 One Hundred Pengoes Hungarian National Bank Budapest, July 1st, 1930 Counterfeiting banknotes is punishable by law Matthias Corvinus 1440-1490) |
| Reverse description | Log in to see details |
| Reverse lettering | 100 Száz Pengő (Translation: 100 One Hundred Pengoes) |
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| Comments |
The 1930 Hungarian 100 Pengő belongs to the first major series issued after the pengő replaced the korona in 1927 — itself a stabilization measure following the catastrophic hyperinflation that had obliterated the postwar Hungarian economy. The Magyar Nemzeti Bank was only established in 1924, and this series was part of its early effort to build credibility for the new currency.
Pick 98 was printed by the Hungarian Banknote Printing Company (Pénzjegynyomda) in Budapest, one of the few central European nations printing its own notes domestically at this stage. The series circulated well into the Second World War period before wartime inflation again eroded the pengő's purchasing power beyond recovery.