The Hungarian Hyperinflation of 1945-47 was one of the most severe episodes of hyperinflation in modern history. In this period, the value of the Hungarian currency, the pengő, became completely worthless, with prices skyrocketing by the hour. This short video provides a brief overview of the events that led to the hyperinflation, its devastating effects on the Hungarian economy and society, and the measures that were eventually taken to stabilize the currency. Through a mix of historical footage, archival photographs, and expert interviews, viewers will gain a better understanding of the causes and consequences of this dramatic economic crisis, which left a deep imprint on the country's history and identity.
World's Worst Currency? | The Hungarian Hyperinflation 1946
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