Hungarian Forint
(Ft) = 100 fillér.
Notes are in denominations of Ft20,000, Ft10,000, 5000, 2000, 1000,
500 and 200.
Coins are in denominations of Ft100, 50, 20, 10, 5, 2 and 1.
A large number of commemorative coins in circulation are legal tender.
Currency exchange
Currency can be exchanged at bureaux de change, hotels, banks, airports,
railway stations, travel agencies and some restaurants throughout
Hungary. Automatic exchange machines are available in Budapest
and other main tourist centres. Credit and debit cards can be used
to withdraw money from ATMs.
Visitors should retain all exchange receipts, as it is illegal
to change money on the black market.
Credit & debit cards in Hungary
It is possible to withdraw cash by credit card at more than 3200
post offices. American Express, Cirrus, Diners Club, MasterCard
and Visa are accepted. Check with your
credit or debit card company for details of merchant acceptability
and other services which may also be available.
Travellers
cheques
These are widely accepted in stores and banks. To avoid additional
exchange rate charges, travellers are advised to take travellers
cheques in Pounds Sterling or US Dollars.
Currency
restrictions
The import of local currency is limited to Ft200,000,
provided the amount is declared upon arrival. The export of local
currency is limited to Ft200,000 and must also
be declared.
The import of foreign currency is unlimited, provided amounts greater
than Ft50,000 are declared. The export of foreign
currency is limited to the amount declared on import and should
be made no longer than 3 months after import. There is no compulsory
money exchange and Hungarian currency can be re-exchanged for up
to 50 per cent of the officially exchanged sum, but not more than
US$450, at any authorised office or branch of the National Savings
Bank.
Exchange rate indicators
The following figures are included as a guide to the movements of
the Forint against Sterling and
the US Dollar: |
