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Hungary Currency

ISO 4217 code
HUF
Central bank
Hungarian National
Bank
 Website
www.mnb.hu
Date of
introduction
1 August 1946
 Source
8.700/1946 (VII.29)
Decree of the Prime
Minister
User(s)
Hungary
Inflation
0.4%
 Source
,[1] January 2014
Subunit
 1/100
fillér
(defunct)
Symbol
Ft
Plural
not used
Coins
5, 10, 20, 50, 100, 200
forint
Banknotes
500, 1000, 2000, 5000,
10,000, 20,000 forint
Printer
Pénzjegynyomda Zrt.
Budapest
 Website
www.
penzjegynyomda.hu
Mint
Hungarian Mint Ltd.
 Website
www.penzvero.hu
The forint (sign: Ft;
code: HUF) is the
currency of Hungary. It
is divided into 100 fillér,
although fillér coins are
no longer in circulation.
The introduction of the
forint on 1 August 1946
was a crucial step of
the post- WWII
stabilization of the
Hungarian economy, and
the currency remained
relatively stable until
the 1980s. Transition to
market economy in the
early 1990s
deteriorated the value
of the forint, inflation
peaked at 35% in 1991.
Since 2001, inflation is
single digit and the
forint was declared fully
convertible.[2] As a
member of the
European Union, the long
term aim of the
Hungarian government
is to replace the forint
with the euro.


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