Hungarian adópengő
Hungarian adópengő | |||||
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adópengő (Hungarian) | |||||
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Denominations | |||||
Symbol | AP | ||||
Banknotes | 10 000, 100 000, 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 unit of currency of Hungary between 1 January 1946 when it was introduced as part of a stabilisation attempt of the pengő and 31 July 1946 when both were replaced by the forint. In the beginning the adópengő was only an accounting unit used by the government and commercial banks, later bonds and saving certificates denominated in adópengő were also issued for the public which replaced pengő notes in circulation.
Statistics
Date | Index number[2] |
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1 January 1946 | 1 |
1 February 1946 | 1,7 |
1 March 1946 | 10 |
1 April 1946 | 44 |
1 May 1946 | 630 |
1 June 1946 | 160 000 |
1 July 1946 | 7 500 000 000 (7,5×109) |
31 July 1946 | 2 000 000 000 000 000 000 000 (2×1021) |
See also
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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