Hungarian adópengő

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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.

[edit] See also

• siepr.stanford.edu History of the Hungarian hyperinflation

Adópengő

Preceded by: 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: inflation Ratio: 1 forint = 2×108 adópengő

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