The pengo, subject to massive inflation, was the pre- World War 2 currency unit of which European country?
Coins of the Hungarian pengő Coins of the Hungarian pengő Hungarian pengő coins () were part of the physical form of Hungary's historical currency, the Hungarian pengő. Initially, higher value coins were made of silver to reflect value and stability. Later, during the second world war, these coins were replaced first by banknotes and later by aluminium coins. By the end of 1945, pengő coins completely lost their value due to rampant inflation. Before the World War II, the fillér and pengő coins were made of bronze (1 and 2 f), cupronickel (10, 20, and 50 f), and 640 ‰ fine silver (1, 2, and
World currency unit and are protected against two key sources of uncertainty, namely inflation and exchange loss risks. World currency unit There are two different types of World Currency Unit in use today that have different origins and usages. The WCU was proposed by Lok Sang Ho of Lingnan University, Hong Kong. The WCU was first intended to be the basis for denominating global bonds, a debt instrument that is issued globally and is subscribable by people and institutions around the world. Simply put, it is a GDP-weighted basket of key currencies each of which is indexed against inflation for the relevant countries.