Coins of the Hungarian forint a highly profitable venture that lasted until the machines were reprogrammed. The 50 Forint coin is confused with the UK 50 pence coin by some vending machines in the UK. According to Hungary's new constitution, effective as of 1 January 2012, the country's official name changes from "Magyar Köztársaság" (Republic of Hungary) to "Magyarország" (Hungary). Although Hungary is still a republic, this does not appear anymore on its coinage: from 2012 Hungarian legal tender will bear the country's new official name, "Magyarország". Previously struck coins will remain legal tender. 5, 10 and 20 Forint coins are expected to appear in
Banknotes of the Hungarian forint time. From 1947, a second series of banknotes were designed and put into circulation. These banknotes were printed until 1996 with different coat of arms. Between 1997 and 2001, a new series of banknotes were issued with improved security features. The notes share the common size of 154 × 70 mm. The banknotes are printed by the Hungarian Banknote Printing Corp. in Budapest on paper manufactured by the Diósgyőr Papermill in Miskolc. The Hungarian National Bank has announced the withdrawal of the 1000 forint notes issued prior to 2006. This affects the 1000 forint note from the current series, but