Complete the sentence about National Bank of Hungary with the correct year: The MNB introduced a new currency, the Hungarian forint, on 1 August ______.

Answer and explanation

Correct answer: A. 1946

The MNB introduced a new currency, the Hungarian forint, on 1 August 1946, after the world's worst recorded hyperinflation in 1945-46. The MNB was nationalised at the end of 1947.

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