Hungarian forint of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, but that does not appear to be likely until some time during the 2020s. The forint's name comes from the city of Florence, where gold coins called "fiorino d'oro" were minted from 1252. In Hungary, "florentinus" (later "forint"), also a gold-based currency, was used from 1325 under Charles Robert and several other countries followed its example. Between 1868 and 1892 the forint was the name used in Hungarian for the currency of the Austro-Hungarian Empire, known in German as the
Coins of the Hungarian forint 20 Forint coin. The 200 Forint coin was made of .500 fine silver. From 1994, mass minting of the 200 Forint coin was stopped, since the price of the metal was getting higher than the face value of the coin. However, small issues for collector purposes were minted until 1998, when both the 1992 type 100 Forint and the 200 Forint coins were withdrawn from circulation. The 1 and 2 Forint coins were withdrawn from circulation on March 1, 2008. This was announced by the Hungarian National Bank in September 2007, pointing out that the cost of minting them is