Hungarian forint

currency of Hungary From Wikipedia, the free encyclopedia

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 made the forint less valuable; inflation peaked at 35% in 1991. [1] 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.[2]

Quick Facts Magyar forint, ISO 4217 Code ...
Hungarian forint
Magyar forint (Hungarian)
Thumb
The banknotes of the Hungarian forint
ISO 4217 Code HUF
User(s) Hungary
Inflation 7.9% (January 2022)
Source https://www.ksh.hu/
Subunit
1100 fillér
(defunct)
Symbol Ft
Plural forintok (nominative only)
Coins
Freq. used 5 Ft, 10 Ft, 20 Ft, 50 Ft, 100 Ft, 200 Ft
Banknotes 500 Ft, 1000 Ft, 2000 Ft, 5000 Ft, 10,000 Ft, 20,000 Ft
Central bank Hungarian National Bank
Printer Pénzjegynyomda Zrt. Budapest
Mint Hungarian Mint Ltd.
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References

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