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Postal History
Faeroese Postal History
Hungarian Hyperinflation
Soviet-Lithuania
1947-90
Encased Stamps
Dutch Silver Stamp
A Jewel on a Stamp
TPG Post
Azad
Hind
Christmas Island
Nordic Swans
Ephemera
Braille
Bluenose
Kaulbach Island
Canadian Nat. Symbols
Barcelos
Rooster
Easter
Private - Personalized
Roses
Swarovski Crystals
St. Zeno
St.
George
St. Patrick
St. Valentine
Thanksgiving
Mother's Day
Father's Day
Seven Wonders
Four Seasons
Curiosa
Hidden
Messages
Gothic Alphabet
Philatelic Art Mews
Ny Carlsberg Glyptotek
National Portrait
Gallery
Bjřrn Wiinblad
Tordenskiold
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Historical
Background
Inflation, page
1 Inflation, page
2
Adópengö, page 1
Adópengö, page 2
On 15th July 1946 the first
Hungarian stamps in the Adópengö denomination were issued, commemorating the
100th anniversary of Hungarian Railways. This set was valid until July 31,
but whether any were actually used after 18th July when the postage raised again
(Period 26) is another question.
These values should be multiplied by 2 trillion for having the value in Pengö.
Exemple: 10,000 Ap = 20,000,000,000,000,000,000,000,000 = 20 quadrillion
Pengö (20 followed by 24 zeros).
- Hungary 1946. First stamps with
face value in Adópengö. 10,000 Ap, 20,000 Ap, 30,000 Ap, and
40,000 Ap, respectively. Scott # 785-788.
Below is a letter sent 19th July 1946 (the
second day of Period 26) from Hungary to The Netherlands. It is correctly
franked with 400.000 Ap = 800 quadrillion Pengö (800 followed by 24 zeros!)
- Hungary 1946. Letter from Hungary
to The Netherlands, franked with 400,000 Ap.
The below address card concerns a parcel of
fruit, weighing 20 kg. It was sent on 29th July 1946 (Period 29), only
three days before the hyperinflation was terminated. It cost the
horrendous price of 3,2 billion Ap + fee of 500 Ap. After the rate of
exchange the final price was 7,400 quadrillion of Pengö (74 followed by 26
zeros), and shows clearly the terrible situation for the country and the
population.
- Hungary 29th July 1946. Address
card for a parcel of 20 kg, and 7.400,000,000,000,000,000,000,000,000 Pengö.
On 26th July 1946 the last stamps from the
period of the inflation were issued with face values of 1 and 5 million Ap.
One million Ap was the rate for a postcard to abroad, but how many people could
possibly afford caring for greetings to family and friends with such
prices?
- Hungary 26th July 1946. The stamps
are shown largely oversized. Scott # 783 and 784.
The inflation was terminated Wednesday 31st
July 1946, and the currency reform took place on 1st August 1946. The rate
of exchange was: 1 Forint of 100 Filler for 400,000 quadrillion = (4 x
10^29) or (4 times 10 to the 29th power).
On 1st August 1946 new stamps in Forint
denomination were introduced. Forint-values were green with agricultural
symbols, and filler-values brown with industrial symbols.
- Hungary 1st August 1946. A
selection of the new currency stamps issued immediately after the
hyperinflation was terminated. Scott # 791, 792, 794, and 795.
- Hungary 21st August 1946. A
registered letter sent from Budapest to Danish Red Cross in Silkeborg
(Denmark), franked with 3 stamps of each 1 Forint. The postage for a
letter to abroad was 1 Ft, and the fee for registration was 2 Ft, totalling
3 Ft.
Historical
Background
Inflation, page
1 Inflation, page
2
Adópengö, page 1
Adópengö, page 2
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