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1946 Hungary 1,000,000 Adópengő P-140a XF — 2 Octillion Pengő Equivalent

$137.00
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1946 Hungary 1,000,000 Adópengő P-140a XF — 2 Octillion Pengő Equivalent

  • SKU: PB-N10202
  • Condition: New
  • Availability: Usually Ships in 24 Hours
Availability: Usually Ships in 24 Hours
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Description

The 1946 Hungary 1,000,000 Adópengő note is a remarkable surviving artifact from the most severe recorded hyperinflation in monetary history.

Hungary introduced the Adópengő, meaning “tax pengő,” in January 1946 as an indexed accounting unit intended to preserve value while the ordinary pengő rapidly depreciated. Its value in ordinary pengő was recalculated over time, eventually rising to two sextillion pengő for every one Adópengő on July 31, 1946.

Correct denomination conversion:

  • Printed denomination: 1,000,000 Adópengő
  • July 31, 1946 index: 1 Adópengő = 2 sextillion pengő
  • Ordinary-pengő equivalent: 2,000,000,000,000,000,000,000,000,000 pengő
  • Written value: 2 octillion pengő

This is a circulated Extremely Fine example. It may display light evidence of handling consistent with the assigned condition while retaining strong detail and attractive overall presentation.

Product details:

  • Country: Hungary
  • Year: 1946
  • Denomination: 1,000,000 Adópengő
  • Catalog number: Pick P-140a
  • Condition: Circulated XF
  • July 31 equivalent: 2 octillion ordinary pengő
  • Status: Obsolete collectible currency
  • Authenticity: Guaranteed by Planet Banknote

The conversion is a historical equivalent based on the official July 31, 1946 index. The Adópengő did not maintain a fixed pengő value throughout its existence.

Frequently Bought Together:

Total:
Inc. Tax
Ex. Tax

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