Hungarian Currency

Hungarian Currency – Costs, Banks and Money

The Forint is the the currency of Hungary and despite being with the EU, they haven’t yet made the transition to Euros – a currency that is nevertheless becoming common in most hotels and in some of the more well established restaurants and shops.

The full change to the Euro is destined for 2014, although no set date has been agreed on. Hungary was once a favorite destination for Europeans looking for a cheap break – prices have rose steadily in Budapest in recent years and in the region of Lake Balaton, but you can still make your money go a long way.

What Are The Average Costs In Hungary?

Hungarian money goes a long way and the only major setback in terms of cost is accommodations – which has seen a price increase in the capital of Budapest and some other popular tourist regions. That said, you can always balance these expenses with the very favorable cost of eating out.

You can choose a good restaurant, have a three course meal and accompanying bottle of wine for the same price as a main course in other European destinations such as London or Paris.

Another important area to look at when planning your expenditures is transport – of which the local bus and train services are extremely cheap and mostly reliable.

Some of Budapest’s best attractions can be visited for free or at a discount when you buy tickets in bulk. Take a look at other pages for clues about Hungarian currency and saving money on attractions and sights in the city – The Budapest Card will be a good investment if you plan on staying a while.

Where and How Can You Exchange Money?

If you need to change money into Forints after your arrival, then your best bet is to get it done in an exchange office.

Your other option include banks or major tourist agencies. If you have brought travelers cheques, you can also have them changed in banks or tourist agencies – even some larger hotels can handle them for you.

Most destinations within the country will have access to a bank which open between the hours of 9:00am and 3:00pm or 4:00pm – from Monday to Friday.

Try to change a little at a time, because it can be difficult to change Forints once you have exited the country.

What Coins and Notes Are Used In Hungarian Money?

A unit of Hungarian currency is the Forint (HUF or Ft) which is made up from 100 Filler. Notes come in values of 500, 1000, 2000, 5000, 10,000 and 20,000.

In 1999, the filler currency was dropped as its value when exchanged to other currencies was too insignificant. Instead, today the only coins used are Forints in value of 5, 10, 20, 50, 100 and 200.

Learn more about Hungarian Notes and Coins.

Where Can You Find Out About Currency Conversion Rates

For up to date information on the current Hungarian currency conversion rates, you can use the currency converter on this page – it is updated on a daily basis.


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