Starting from September 1, 2007, only the new – issued after 2006 – 1000 forint (HUF) banknotes will be accepted as legal tender.
The new banknotes have two security features on the front: a copper-colored metallic stripe with holographic effects and an iridescent print.
After August 31, 2007 the withdrawn old banknotes can be exchanged only at commercial banks, the Hungarian Central Bank (Magyar Nemzeti Bank
– MNB), savings co-operatives (takarékszövetkezetek
), and post offices.
Source: Pressroom of the Central Bank (MNB Pressroom)
MNB to withdraw from circulation HUF 1 and 2 coins on 1 March 2008
Magyar Nemzeti Bank will withdraw from circulation HUF 1 and 2 coins on March 1, 2008
After February 29, 2008, HUF 1 and 2 coins will not be accepted, and consequently, retailers will round invoice totals
, but not the individual items, of all cash payments
Currency & Exchange
Hungary’s national currency is the Hungarian Forint
). While some Hungarian businesses may accept payment in Euro
(€), travelers should exchange money to the local currency (HUF) before paying with cash for goods or services