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5 Forint

Issuer Magyar Nemzeti Bank
Year 1955
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Value 5 Forint (5 HUF)
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Obverse description Central vignette presents a male worker holding a hammer, a figure modelled after Mihály Pfeffer and previously used on the 1946 10 Forint issue. The denomination and issuer inscription are arranged around the central design, with the date of 31 January 1955 incorporated into the legend.
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Reverse description The reverse is centred on the Rákosi coat of arms, encircled by a wreath of laurel branches, with the denomination rendered in both numeral and text form. A statutory counterfeiting warning inscription runs along the lower portion of the note.
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Comments

The 1955 Hungarian 5 Forint belongs to the post-stabilization series introduced after the catastrophic 1946 hyperinflation — the worst ever recorded — which had rendered the preceding pengő worthless at a ratio of 400 octillion pengő to one forint. By 1955, the forint was a decade old and the Magyar Nemzeti Bank was issuing standardized notes under Soviet-aligned economic reorganization.

The series was printed by the Hungarian Banknote Printing Company (Pénzjegynyomda) in Budapest, which had been nationalized by this point. Lower denominations like this saw heavy circulation and survivors in clean condition are genuinely uncommon.

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