Currency

Hungary’s national currency is the Hungarian Forint (HUF). Although a member state of the European Union (EU) since 2004, Hungary is still outside of Europe’s single currency area. 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.


Exchange rates as of August 26, 2007:

1 USD » 190 HUF
1 Euro » 258 HUF

Online currency converter


Exchange offices are usually open 24/7, and other opportunities for exchange are also available around the clock.

NOTE:

Persons traveling with cash, stock, etc. of the value of - or exceeding 1 million HUF are required to make a written declaration at customs.


Credit Cards, Debit Cards, and Checks

• Major credit cards (AmEx, Visa, Mastercard, Diners, Cirrus) can be used in the member shops and businesses. Look for the logo displayed at the entrance.

• ATMs operate 24 hours a day. Major credit cards and bank cards are accepted.

• You can use your bank or credit card to get cash at post offices throughout Hungary. More than 3200 post offices nation-wide provide this service.

• There is usually a commission of 1% for cashing travelers checks at banks. Please note that most stores will not accept travelers checks.