On 31st December 2019, the national bank of Hungary will withdraw the old 10,000 HUF bank notes which in turn helps in the exchange process for the modernization of forint bank notes started in 2014. Since December 2014 we can pay with the renewed version of the 10,000HUF denominations, so today 86% of the 10,000 more

The National Bank of Hungary will issue the Hungary’s new forint bank note, with enhanced security features on February 1st. On November 1st,2019 the old forint notes will be withdrawn from circulation. It can be exchanged in post offices for a period of 3 years and at Central Bank for 20 years, free of charge. more

Until when will the old 1,000 forint banknotes remain in circulation? The withdrawal of old 1,000 forint banknotes, issued before 2017, will take place on 31 October 2018, after that date these banknotes cannot be used in cash circulation. It is important to note that the withdrawal does not entail loss in value. Until when more

The Magyar Nemzeti Bank’s banknote redesign programme, launched in 2014, is drawing to a close. The 500 forint note, the last in the series, will also be upgraded soon. The new banknotes will be issued in two stages. First, with the announcement of the MNB’s decree on banknote issuance, the upgraded 500 forint banknote will more

We may see the upgraded 1000-forint banknote denominations in cash payments from 1 March 2018. In addition to their renewed appearance, the banknotes have been brought up-to-date with regards their security features. The upgraded 1000-forint banknote denominations will enter cash circulation gradually from 1 March 2018, their presence is expected to be widespread a few more