Hungary Banknotes Catalog

The history of banknotes in Hungary is fascinating and reflects the country's political and economic changes over time. From their first issues to the present day, Hungarian banknotes have undergone several transformations in design, denomination and value.

Current banknotes in circulation

Currently, the official currency of Hungary is the Hungarian forint (HUF), introduced in 1946. Banknotes in circulation include denominations of 500, 1000, 2000, 5000, 10000 and 20000 forints. These banknotes feature portraits of important historical figures of Hungary, such as King Matthias Corvinus, Prince Franz II Rákóczi and Count István Széchenyi, along with significant architectural and cultural elements of the country.

Old banknotes and relevant facts

Prior to the forint, Hungary used a variety of currencies, including the Austro-Hungarian krona until the end of World War I. During the period of hyperinflation after World War II, Hungary issued banknotes with astronomical denominations, reaching the 100 million pengő-milpengő bill in 1946, one of the bills with the highest face value in history. The introduction of the forint that same year marked a milestone in the stabilization of the Hungarian economy and the beginning of a new era in the country's notafilia.