Coins of the Hungarian forint everyday circulation in 2012, with the rest of denominations following later, fulfilling the needs of Hungary's cash circulation. The official 2012 boxed set became available for collectors on 6 January 2012. Coins of the Hungarian forint Hungarian forint coins () are part of the physical form of current Hungarian currency, the Hungarian forint. Modern forint coins (this name is used to distinguish them from pre-20th century forint coinage) have been struck since 1946 and reflect the changes of post-World War II Hungarian history. After the trauma of the Second World War and the hyperinflation of the pengő the Hungarian government
Economic and Monetary Union of the European Union in June 1988, when an ad hoc committee (Delors Committee) of the central bank governors of the twelve member states, chaired by the President of the European Commission, Jacques Delors, was asked to propose a new timetable with clear, practical and realistic steps for creating an economic and monetary union. This way of working was derived from the Spaak method. The Delors report of 1989 set out a plan to introduce the EMU in three stages and it included the creation of institutions like the European System of Central Banks (ESCB), which would become responsible for formulating and implementing monetary