Hungarian forint Hungarian forint The forint (sign: Ft; code: HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Since 2001, inflation is in single digits, and the forint has been declared fully convertible. As a member
Coins of the Hungarian forint too high, approximately 4 times their face value. When paying with cash, the total is to be rounded to 5 Forint. The 200 forint notes have been replaced with a new 200 forint coin in 2009. The Chain Bridge was chosen in an internet poll between October 13 and October 26, 2008 to be on the coin. The coin entered circulation on 15 June 2009. Reportedly, the 1 Forint coin was illegally exported to Canada in significant amounts, as the tiny coin could be used in place of genuine tokens for entry at the underground railway's automatic gates. This was