INFORMATION ABOUT HUNGARIAN FORINT
We show the updated today’s value/price of Hungarian forint (HUF).You can get the exchange from Hungarian forint to another currency by introducing the value or amount of Hungarian forint (HUF) in the box and clicking the convert button. This way you can get the Hungarian forint’s price in relation to other currencies.
INTRODUCTION TO THE HUNGARIAN FORINT
The forint is the official currency of Hungary introduced in 1946, after the Second World War. Since 2001 it has been declared fully convertible. It is used by approximately 9 million nine hundred thousand people. You can check the today value of the Hungarian forint and check its price.
The name “forint” comes from the city of Florence where there were minted gold coins since 1252 named “forints”. In Hungary a gold coin named “florentius” (latin name) was also used, which later derived in a forint.
The Magyar Nemzeti Bank (Hungarian National Bank) is an organization founded in 1924 and it is the central bank of the Republic of Hungary. Among its functions there are to maintain the prices stability. It is also responsible for mint the forint, control the cash circulation, issue the exchange currency and manage the foreign currency and gold exchange at the exchange rates.
Countries that use the currency: Hungary.
Name: HUNGARIAN FORINT
Bills: 500, 1000, 2000, 5000, 10.000, 20.000 Ft.
Coins: failér = 1/100 of one Ft. 5, 10, 20, 50, 100, 200 Ft.
Issuing Agent: Magyar Nemzeti Bank (Hungarian National Bank) Web: http://www.mnb.hu/