The highest #denomination ever..😨#hungary #hungarian #notes #pengo

A post shared by Lingofacts (@lingofacts) on

The 100 million b.‑pengő banknote is a note that was printed by the Republic of Hungary in 1946, during a period of massive hyperinflation.

Produced in Budapest by the Hungarian Banknote Printing Corporation under the authority of the Hungarian National Bank (MNB) on June 3, the note was first issued to the public on July 11 and then withdrawn twenty days later, on July 31, due to the introduction of a new forint currency. With a face value of 100 quintillion (1020) pengő, the banknote is the highest denominated piece of currency that has ever been circulated, although an unissued 1 milliard b.-pengő (1021) note holds the record for the largest face value of any piece of currency produced.

Source: http://currencies.wikia.com/wiki/Hungarian_100,000,000,000,000,000,000_peng%C5%91_banknote, https://www.factretriever.com/hungary-facts