Hungary 100 Pengo (1930)

Obverse: Matyas Kiraly or Matthias Corvinus (1440-1490), also called Matthias I, was King of Hungary and Croatia from 1458 to 1490. He was one of the most important rulers in the history of Hungary.

 

Reverse: Hungary parliament building in center.

Hungary 100 Pengo (1944)

The pengő (sometimes written as pengo or pengoe in English) was the currency of Hungary between 1 January 1927, when it replaced the korona, and 31 July 1946, when it was replaced by the forint. The pengő was subdivided into 100 fillér. Although the introduction of the pengő was part of a post-World War I stabilisation program, the currency survived only for 20 years and experienced the most serious hyperinflation ever recorded. 

In 1944, during the Soviet occupation of Hungary, the Red Army issued paper money without cover in the areas under its control. These banknotes were of poor quality, and aggravated the inflation of the pengő.

Obverse: Value

Reverse: Value

 

In the beginning, paper money was designed abroad Hungary, and were printed using simple methods. Later, developed techniques were used creating banknotes which reflected stability. After the war, in parallel with the value loss, the quality of banknotes decreased. Finally, not even serial numbers were printed on the notes.

Hungary 20 Pengo (1944)

Obverse: Value

Reverse: Value

Hungary 100 Forint (1993)

The forint (sign: Ft; code: HUF) is the currency of Hungary. It is divided into 100 fillér, although fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step of the post-WWII stabilization of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to market economy in the early 1990s deteriorated the value of the forint, inflation peaked at 35% in 1991. Since 2001, inflation is single digit and the forint was declared fully convertible. As a member of the European Union, the long term aim of the Hungarian government is to replace the forint with the euro.

Obverse: Lajos Kossuth

Reverse: Károly Lotz's painting

"Flight from the thunderstorm"

The forint's name comes from the city of Florence, where golden coins were minted from 1252 called fiorino d'oro. In Hungary, florentinus (later forint), also a gold-based currency, was used from 1325 under Charles Robert and several other countries followed its example.

Between 1868 and 1892 the forint was the name used in Hungarian for the currency of the Austro-Hungarian Empire, known in German as the Austro-Hungarian gulden or Austrian florin. It was subdivided into 100 krajczár (krajcár in modern Hungarian).

The forint was reintroduced on 1 August 1946, after the 1945-1946 hyperinflation of the pengő.