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"When the pengő was replaced in August 1946 by the forint, the total value of all Hungarian banknotes in circulation amounted to 1/1,000 of one US dollar" All
by isostatic 8y ago
"When the pengő was replaced in August 1946 by the forint, the total value of all Hungarian banknotes in circulation amounted to 1/1,000 of one US dollar"
All notes, in the whole country, were worth 1/10th of a cent.
- toadworrier 8y agoWhich of course means it is not literally true, beause the paper those notes are written on is worth a lot more.