Euro to Hungarian Forint — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Hungary

Currency Code, Symbol: HUF, ft

Denominations of coins in circulation: 5 Ft, 10 Ft, 20 Ft, 50 Ft, 100 Ft, 200 Ft

Denominations of banknotes in circulation: 500 Ft, 1000 Ft, 2000 Ft, 5000 Ft, 10,000 Ft, 20,000 Ft

History: The Hungarian forint (Ft) is a currency issued and used for payment in Hungary. Internationally, it is known as HUF. It was previously subdivided into fillér.However, in 1999 the coins were removed and today, they are not used in circulation. They can be seen in private collections. The currency was put into circulation in 1996, replacing the pengő, which could not cope with inflation. The new currency has been a subject to a deep monetary reform carried out by the state. In 2015, the national currency of Hungary was included into a list of free converted currencies.Read More