Hungarian adópengő

Unit of currency

Hungarian adópengőadópengő (Hungarian)

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100 million adópengő (tax bill)| 10 000 adópengő (savings certificate)
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.mnb.hu
Printer| Hungarian Banknote Printing Corp.
Website| www.penzjegynyomda.hu
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]

Adópengő index, 1946 (pengős per adópengő)[2] Date  | Index number

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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]

* Money portal
* Numismatics portal

1. ^ History of the Hungarian hyperinflation
2. ^ 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)

Adópengő 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

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Historical currencies of Hungary

| Currency | Forint
1867-1892 | Korona
1892-1918 | Korona
1919-1926 | Pengő
1927-1946 | Adópengő
1946 | Forint
1946-present

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Coins | coins | coins |  | coins | - | coins
Paper money | paper money | paper money | paper money | paper money | paper money | paper money
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