Hungarian_adópengő

Hungarian adópengő

Hungarian adópengő

Unit of currency

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.

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References

  1. [1]
    History of the Hungarian hyperinflation
  2. [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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