World History Archive May 2016 59-69

EN_01212690_0118

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caption

One hundred million billion pengd note, issued in Hungary, 1946. The largest denomination of banknote ever issued. In 1945-6 Hungary suffered severe hyperinflation. By January 1946 denominations were doubling every 15 hours, and the currency had to be replaced.

headline World History Archive May 2016 59-69

created date 2016-05-17

credit East News

source Image Asset Management

byline

original transmission reference WHA_067_0118

weight 4,2MB

size 51cm x 29cm by 300dpi

keywords - Show

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