* We have multiple instances of this banknote in our inventory, so the banknote you receive is likely to have a different serial number.
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Item sold on our e-shop
Price : 1.52 €
Item sold on our e-shop
Price : 1.52 €
Face Value : 20 Pengö
Date: 15 janvier 1941
Period/Provinces/Banks Banque Nationale de Hongrie
Catalogue reference : P.109
Commentary
Jeune femme , berger jouant de la flûte, moutons / couple de paysans.
Young woman, shepherd playing the flute, sheep / peasant couple
Young woman, shepherd playing the flute, sheep / peasant couple
Historical background
HUNGARY
Hungary became a republic in 1918 with the collapse of the Austro-Hungarian Empire and the abdication of Emperor Charles I. The peace treaties which cut off the former Kingdom of Hungary from 2/3 of its territories and created Hungarian minorities in the new neighboring countries plunged the country into a period of unrest. In 1920, Admiral Horthy became regent. From 1938, Hungary sided with the Axis and obtained the Hungarian part of Slovakia and Transylvania. Germany's ally, Hungary requested an armistice from the USSR in 1944. Hungary became a people's republic in 1949 under Soviet domination. In 1956, the opening attempt was repressed by a military intervention of the USSR. The opening of the borders in 1989 signaled the end of Soviet domination over Eastern Europe. Free elections are held in 1990.
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