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Hungarian Forint
The forint (, sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Between 2001 and 2022, inflation was in single digits, and the forint has been declared fully convertible. In May 2022, inflation reached 10.7% amid the Russian invasion of Ukraine and economic uncertainty. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, although under the current government there is no target date for adopting the euro. History The forint's name comes from the city of Florence, where gold coins called '' fiorino d'oro' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian Adópengő
The adópengő ('tax pengő') was a temporary unit of currency of Hungary Hungary is a landlocked country in Central Europe. Spanning much of the Pannonian Basin, Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croatia and ... between 1 January 1946, when it was introduced to try to stabilise the pengő, and 31 July 1946, when both were replaced by the forint. Initially, the adópengő was only an accounting unit used by the government and commercial banks; later, bonds and savings certificates denominated in adópengő were also issued for the public and replaced pengő notes in circulation. Statistics References {{DEFAULTSORT:Hungarian adopengo Modern obsolete currencies 1946 establishments in Hungary 1946 disestablishments in Hungary 1940s in economic history Currencies of Hungary ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
111 Matthias Corvinus Florint 755820
111 may refer to: *111 (number) *111 BC * AD 111 *111 (Australian TV channel), a TV channel now called Fox Funny *111 (emergency telephone number), the emergency telephone number in New Zealand *NHS 111, a free-to-call non-emergency medical helpline in the UK *(111) a Miller index for the crystal face plane formed by cutting off the corner equally along each axis *111 Ate, a main-belt asteroid Transport * Swissair Flight 111, was a scheduled international passenger flight from John F. Kennedy International Airport in New York City, United States, to Cointrin Airport in Geneva, Switzerland *111 (MBTA bus), a bus route operated by Massachusetts Bay Transportation Authority *111 (New Jersey bus), a bus route operated by New Jersey Bus *Tatra 111, a heavy truck manufactured by Tatra Music * ''111'' (Her Majesty & the Wolves album) * ''111'' (Željko Joksimović album) * ''111'' (Pabllo Vittar album) See also *III (other) *List of highways numbered 111 *1/11 (disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1945 Hungarian Parliamentary Election
1945 marked the end of World War II, the fall of Nazi Germany, and the Empire of Japan. It is also the year concentration camps were liberated and the only year in which atomic weapons have been used in combat. Events World War II will be abbreviated as “WWII” January * January 1 – WWII: ** Germany begins Operation Bodenplatte, an attempt by the ''Luftwaffe'' to cripple Allied air forces in the Low Countries. ** Chenogne massacre: German prisoners are allegedly killed by American forces near the village of Chenogne, Belgium. * January 6 – WWII: A German offensive recaptures Esztergom, Hungary from the Soviets. * January 9 – WWII: American and Australian troops land at Lingayen Gulf on western coast of the largest Philippine island of Luzon, occupied by Japan since 1942. * January 12 – WWII: The Soviet Union begins the Vistula–Oder Offensive in Eastern Europe, against the German Army. * January 13 – WWII: The Soviet Union begins the East Prussian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Independent Smallholders' Party
The Independent Smallholders, Agrarian Workers and Civic Party (), known mostly by its acronym FKgP or its shortened form Independent Smallholders' Party (), is a list of political parties in Hungary, political party in Budapest, Hungary. During its existence, the party participated in the establishment of Hungarian democracy after World War II and the Third Republic. After the change of regime, it participated in the government for two terms (1990–1994 and 1998–2002). Since the 2002 Hungarian parliamentary election, 2002 parliamentary elections, the party has not won any seats in the parliament. Index mentioned the FKgP among the fake parties, as it received fewer votes than it collected recommendations. Liquidation proceedings were initiated against the party in 2021. History Founded on 12 October 1930 after splitting from the Unity Party (Hungary), Unity Party, the party was one of the largest anti-fascist opposition parties in the 1930s and during World War II. Represent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USSR
The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet Union, it dissolved in 1991. During its existence, it was the list of countries and dependencies by area, largest country by area, extending across Time in Russia, eleven time zones and sharing Geography of the Soviet Union#Borders and neighbors, borders with twelve countries, and the List of countries and dependencies by population, third-most populous country. An overall successor to the Russian Empire, it was nominally organized as a federal union of Republics of the Soviet Union, national republics, the largest and most populous of which was the Russian SFSR. In practice, Government of the Soviet Union, its government and Economy of the Soviet Union, economy were Soviet-type economic planning, highly centralized. As a one-party state go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real versus nominal value (economics), real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. Effective capital controls and currency substitution ("dollarization") are the orthodox solutions to ending short-term hyperinflation; however, there are significant social and economic costs to these policies. Ineffective implementations of these solutions often exacerbate the situation. Many governments choose to attempt to solve structural issues without resorting to those solutions, with the goal of bringing inflation down slowly while minimizing social costs of further economic shocks; however, this can lead to a prolonged period of high inflation. Unlike low inflation, where the process of rising prices is protracted and not generally noticeab ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian Pengő
The pengő (; sometimes spelled as ''pengo'' or ''pengoe'' in English) was the currency of Kingdom of Hungary (1920–46), Hungary between 1 January 1927, when it replaced the Hungarian korona, korona, and 31 July 1946, when it was replaced by Hungarian forint, the forint. The pengő was subdivided into 100 fillér. Although the introduction of the pengő was part of a post-World War I stabilisation program, the currency survived for only 20 years and experienced the most extreme hyperinflation ever recorded. Name The Hungarian participle ''pengő'' means 'ringing' (which in turn derives from the verb ''peng'', an Onomatopoeia, onomatopoeic word equivalent to English 'ring') and was used from the 15th to the 17th century to refer to silver coins making a ringing sound when struck on a hard surface, thus indicating their precious metal content. (The onomatopoeic word used for gold coins is ''csengő'', an equivalent of English 'clinking' meaning a sharper sound; the participle use ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Krajczar
The Kreuzer (), in English also spelled kreutzer ( ), was a coin and unit of currency in the southern German states prior to the introduction of the German gold mark in 1871–1873, and in Austria and Switzerland. After 1760 it was made of copper. In south Germany the kreuzer was typically worth 4 Pfennige and there were 60 Kreuzer to a gulden. ''Kreuzer'' was abbreviated as ''Kr'', ''kr'', ''K'' or ''Xr''. Early history The Kreuzer goes back to a ''Groschen'' coin minted in Merano in South Tyrol in 1271 (the so-called ''etscher Kreuzer''). Because of the double cross (German: ''Kreuz'') on the face of the coin, it was soon given the name ''Kreuzer''. It spread in the 15th and 16th centuries throughout the south of the German-speaking area. The Imperial Coinage Act of 1551 made them the unit for small silver coins. In 1559 a value of 60 Kreuzer to 1 Gulden had been adopted throughout the southern states of the Holy Roman Empire, but the northern German states declined to joi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austro-Hungarian Florin
The Austro-Hungarian gulden (German language, German), also known as the florin (German language, German & Croatian language, Croatian), forint (Hungarian language, Hungarian; ), or zloty (; ; ), was the currency of the Habsburg monarchy, lands of the House of Habsburg between 1754 and 1892 (known as the Austrian Empire from 1804 to 1867 and the Austria-Hungary, Austro-Hungarian Monarchy after 1867), when it was replaced by the Austro-Hungarian krone as part of the introduction of the gold standard. In Austria, the gulden was initially divided into 60 kreuzers (German; ; ; ; ; ). The currency was decimalisation, decimalized in 1857, using the same names for the unit and subunit. Name The name ''Gulden'' was used on pre-1867 Austrian banknotes and on the German language side of the post-1867 banknotes. In southern Germany, the word South German gulden, Gulden was the standard word for a major currency unit. After 1867 Austrian coins used the name ''Florin''. "Florin" is derived from ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austro-Hungarian Empire
Austria-Hungary, also referred to as the Austro-Hungarian Empire, the Dual Monarchy or the Habsburg Monarchy, was a multi-national constitutional monarchy in Central Europe between 1867 and 1918. A military and diplomatic alliance, it consisted of two sovereign states with a single monarch who was titled both the Emperor of Austria and the King of Hungary. Austria-Hungary constituted the last phase in the constitutional evolution of the Habsburg monarchy: it was formed with the Austro-Hungarian Compromise of 1867 in the aftermath of the Austro-Prussian War, following wars of independence by Hungary in opposition to Habsburg rule. It was dissolved shortly after Hungary terminated the union with Austria in 1918 at the end of World War 1. One of Europe's major powers, Austria-Hungary was geographically the second-largest country in Europe (after Russia) and the third-most populous (after Russia and the German Empire), while being among the 10 most populous countries worldwide. T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian Language
Hungarian, or Magyar (, ), is an Ugric language of the Uralic language family spoken in Hungary and parts of several neighboring countries. It is the official language of Hungary and one of the 24 official languages of the European Union. Outside Hungary, it is also spoken by Hungarians, Hungarian communities in southern Slovakia, western Ukraine (Zakarpattia Oblast, Transcarpathia), central and western Romania (Transylvania), northern Serbia (Vojvodina), northern Croatia, northeastern Slovenia (Prekmurje), and eastern Austria (Burgenland). It is also spoken by Hungarian diaspora communities worldwide, especially in North America (particularly the Hungarian Americans, United States and Canada) and Israel. With 14 million speakers, it is the Uralic family's most widely spoken language. Classification Hungarian is a member of the Uralic language family. Linguistic connections between Hungarian and other Uralic languages were noticed in the 1670s, and the family's existenc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
