In July 1946, prices in Hungary doubled about every fifteen hours — a man paid in the morning had to spend his wages fast or watch some forty per cent of their value vanish by dinner, so the national bank ended up issuing the highest-denomination banknote ever put into general circulation, with a face value of 100 quintillion pengő
In July 1946, prices in Hungary doubled about every fifteen hours — a man paid in the morning had to spend his wages fast or watch some forty per cent of their value vanish by dinner, so the national bank ended up issuing the highest-denomination banknote ever put into general circulation, with a face value of 100 quintillion pengő