Hungarian Forint
Top 8 Facts About The Hungarian Forint
Hungarian Forint Symbol: Ft | Code: HUF
1. The official and national currency of Hungary is the Hungarian Forint.
2. Due to World War II, the country had gone through several oscillations; hence modern forint was launched in 1946 to stabilise the national economy.
3. However, the term 'forint' originates from the gold coins used in Florence, also labelled as fiorino d'oro.
4. Country's bank Magyar Nemzeti Bank is solely accountable for issuing and managing the value of Hungarian forint.
5. In Hungary, coins and banknotes are minted and printed by the Hungarian Mint and the Hungarian Banknote Printing Company.
6. There are currently six Hungarian banknotes in circulation, which are in 500Ft, 1,000Ft, 2,000Ft, 5,000ft, 10,000ft and 20,000ft denominations.
7. HUF is not pegged to any currency and vice-versa.
8. Finally, though a member of the European Union, Hungary has not embraced the euro and is not pegged to any currency.
Hungarian Forint (HUF)
Exchange Rate
What is the interbank exchange rate for the Hungarian Forint ?
1 GBP = 416.340000 HUF
Last update date : 25-09-2021 13:08:30
What does Hungarian Forint look like
