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
Hungarian forint the total price is now rounded to the nearest 5 forint (to 0 or to 5). A new 200 forint coin made of base metal alloy was introduced in place of the 200 forint bank note on 15 June 2009. In 1946, 10 and 100 forint notes were introduced by the "Magyar Nemzeti Bank" (Hungarian National Bank). A new series of higher quality banknotes (in denominations of 10-, 20 and 100 forint) were introduced in 1947 and 1948. 50 forint notes were added in 1953, 500 forint notes were introduced in 1970, followed by 1000 forint in 1983, and 5000