Hungarian adópengő

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Hungarian adópengő
adópengő (Hungarian)
100 million adópengő (tax bill)10 000 adópengő (savings certificate)
Central bank Hungarian State Treasury
Hungarian Postal Savings Bank
Hungarian National Bank
 Website www.mnb.hu
User(s) Hungary Kingdom of Hungary
Hungary Republic of Hungary
Inflation 3,572·106%
 Source [1]
Symbol AP
Banknotes 10 000, 100 000, 1 million, 10 million, 100 million adópengő
Printer Hungarian Banknote Printing Corp.
 Website www.penzjegynyomda.hu
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

Index of adópengő (1 adópengő = x pengő)
DateIndex number[2]
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

  1. ↑ History of the Hungarian hyperinflation
  2. ↑ Pénzportál – Garami Erika: A hiperinfláció számokban
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: inflation
Ratio: 1 forint = 2×108 adópengő
Historical currencies of Hungary     
Currency Forint
1867–1892 		Korona
1892–1918 		Korona
1919–1926 		Pengő
1927–1946 		Adópengő
1946 		Forint
1946–present
Coins coins coins coins - coins
Paper money paper money paper money paper money paper money paper money paper money


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