HUF – Hungarian Forint

Monetary System

1 Hungarian korona (K) = 100 fillér
01.01.1927: 1 Hungarian pengő (P) = 100 fillér
31.07.1946: 1 Hungarian forint (HUF) = 100 fillér

2014 – 2019 Issues

On 2 September 2014, the Magyar Nemzeti Bank introduced a revised 10,000-forint note like the preceding issues, but with new color scheme and updated security features. This is the first denomination to be revised, but the bank intends to update all denominations by 2018.
According to a press release, the Magyar Nemzeti Bank introduced new 2,000- and 5,000-forint notes into circulation on 1 March 2017, although they were declared legal tender from 15 November 2016. Existing notes of the same denominations circulated in parallel until 31 July 2017, after which time they were withdrawn, but will not be demonetized until 31 July 2037. Likewise, the new 500-forint notes will enter circulation on 1 February 2019, although they were declared legal tender from 4 July 2018.

Description: 500.00 HUF – Hungarian Forint Size: 154 x 70 mm

Red and brown. Front: Hungarian text; crowned coat of arms; running horse in purple-to-green OVI; Prince Francis II Rákóczi from a painting by Ádám Mányoki. Back: Hungarian text; A Sárospataki Vár (Sárospataki Castle). Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: II. Rákóczi Ferenc. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 1,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Blue and yellow. Front: Hungarian text; crowned coat of arms; raven in purple-to-green OVI; wreath with crowned coat of arms; King Matthias Corvinus. Back: Hungarian text; gold gulden coin depicting standing St. Ladislas holding with orb and scepter on front, and king’s name and title around coat of arms on back; Hercules Kút (Hercules Fountain) at the Royal Palace in Visegrád; detail of letter C and seated monk reading book from illuminated manuscript. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Mátyás Király. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 2,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Brown. Front: Hungarian text; crowned coat of arms; tulip flower in gold-to-green OVI; Transylvanian Prince Gabriel Bethlen. Back: Hungarian text; seated Gabriel Bethlen examining book with scientists from painting by Viktor Madarász. Holographic stripe with demetalized Bethlen Gábor and 2000. Solid security thread with demetalized MNB2000. Watermark: Bethlen Gábor and electrotype horizontal electrotype 2000. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 5,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Yellow. Front: Hungarian text; crowned coat of arms; Széchenyi Chain Bridge pillars in gold-to-green OVI; Count István Széchenyi from a painting by Friedrich von Amerling. Back: Hungarian text; A Nagycenki Széchenyi Kastély (Széchenyi mansion in Nagycenk) with open iron gate and trees. Holographic stripe with demetalized crowned coat of arms and 5000. Solid security thread with demetalized MNB5000. Watermark: Gróf Széchenyi István and electrotype vertical 5000. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 10,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Light blue and red. Front: Hungarian text; crowned coat of arms; Saint Stephen from a painting by Friedrich von Amerling. Back: Hungarian text; Esztergomi Látkép (panorama of the city of Esztergom) with boats, river, and buildings from a painting by Hubert Sattler. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Szent István Király and electrotype vertical 10000. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 20,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Green, orange, blue, and yellow. Front: Hungarian text; crowned coat of arms; gold-to-green OVI ornament; Minister of Justice Ferenc Deák de Kehida. Back: Hungarian text; Az Ideiglenes Magyar Képviselóház Pesten (The Provisional Assembly of Hungary in Budapest) building with flag, trees, strolling couples, and statue of bust. Holographic stripe. Solid security thread with demetalized MNB 20000. Watermark: Deák Ferenc and electrotype 20000. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

2005 – 2015 Omron Ring Issues

These notes are like the preceding issues, but with Omron rings (small yellow circles used as an anti-counterfeiting feature) added on front and back.

Description: 1,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Information: Outmoded and redeemable note

Blue and yellow. Front: Hungarian text; bank monogram in OVI; crowned coat of arms; script; wreath with crowned coat of arms; King Matthias Corvinus. Back: Hungarian text; Hercules Kút (Hercules Fountain) at the Royal Palace in Visegrád; detail of letter C and seated monk reading book from illuminated manuscript. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Mátyás Király. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 2,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Information: Outmoded and redeemable note

Brown. Front: Hungarian text; crowned coat of arms; Transylvanian Prince Gabriel Bethlen. Back: Hungarian text; seated Gabriel Bethlen examining book with scientists from painting by Viktor Madarász. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Bethlen Gábor. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 5,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Information: Outmoded and redeemable note

Brown. Front: Hungarian text; crowned coat of arms; Transylvanian Prince Gabriel Bethlen. Back: Hungarian text; seated Gabriel Bethlen examining book with scientists from painting by Viktor Madarász. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Bethlen Gábor. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 10,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Information: Outmoded and redeemable note

Light blue and red. Front: Hungarian text; crowned coat of arms; Saint Stephen from a painting by Friedrich von Amerling. Back: Hungarian text; Esztergomi Látkép (panorama of the city of Esztergom) with boats, river, and buildings from a painting by Hubert Sattler. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Szent István Király. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 20,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Information: Outmoded and redeemable note

Orange, red, and purple. Front: Hungarian text; crowned coat of arms; Provisional Assembly building; Minister of Justice Ferenc Deák de Kehida. Back: Hungarian text; Az Ideiglenes Magyar Képviselóház Pesten (The Provisional Assembly of Hungary in Budapest) building with flag, trees, strolling couples, and statue of bust. Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Deák Ferenc. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

2006 Commemorative Issues

This note commemorates the 50th anniversary of the Hungarian revolution and war of independence.

Description: 500.00 HUF – Hungarian Forint Size: 154 x 70 mm

Orange and brown. Front: Hungarian text; bank monogram in OVI; crowned coat of arms; Prince Francis II Rákóczi from a painting by Ádám Mányoki. Back: Hungarian text; flag with hole; Országház (Parliament building) in Budapest. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: 50. EVFORDULO 1956. OCTOBER 23. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

2000 Commemorative Issues

These two notes were issued to commemorate 1,000 years of Hungarian statehood, not the year 2000. The 1,000-forint note is like the preceding issues but with a red overprint below the watermark area and the bank monogram in OVI instead of a latent image on a rosette. The 2,000-forint note is a completely new design. It was issued at face value in a presentation folder.

Description: 1,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Blue and yellow. Front: Horizontal red MILLENNIUM overprint; Hungarian text; bank monogram in OVI; crowned coat of arms; script; wreath with crowned coat of arms; King Matthias Corvinus. Back: Hungarian text; Hercules Kút (Hercules Fountain) at the Royal Palace in Visegrád; detail of letter C and seated monk reading book from illuminated manuscript. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Mátyás Király. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Description: 2,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Orange, yellow, and brown. Front: Hungarian text; crowned coat of arms; A Szent Korona (Holy Crown of Hungary). Back: Hungarian text; Benczúr Gyula’s painting, “Vajk Megkeresztelése” (Baptism of Vajk, i.e. Saint Stephen). Holographic stripe. Solid security thread with demetalized MAGYAR NEMZETI BANK. Watermark: Holy Crown of Hungary. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

2014 Unissued Designs

Description: 5,000.00 HUF – Hungarian Forint Size: 154 x 70 mm

Purple. Front: Hungarian text; crowned coat of arms; gold-to-green OVI; Count István Széchenyi from a painting by Friedrich von Amerling. Back: Hungarian text; A Nagycenki Széchenyi Kastély (Széchenyi mansion in Nagycenk) with open iron gate and trees. Holographic stripe with demetalized crowned coat of arms and 5000. Solid security thread with demetalized MNB5000. Watermark: Gróf Széchenyi István and electrotype vertical 5000. Printer: (Pénzjegynyomda). 154 x 70 mm. Paper.

Hungarian National Bank
Magyar Nemzeti Bank

The functions and responsibilities of a central bank were assumed by the Magyar Királyi Állami Jegyintézet (Royal Hungarian State Bank), which was established on 11 July 1921.
The first independent Hungarian central bank, the Magyar Nemzeti Bank (Hungarian National Bank), was established on 24 June 1924. For more information, visit www.mnb.hu.
From 1922 to 1925, Magyar Pénzjegynyomda Részvénytársaság (Hungarian Banknote Printing Company) printed all the notes for the state. In 1925, Magyar Nemzeti Bank purchased the printer, and the name changed to Pénzjegynyomda Rt. (Banknote Printing Company). This firm was the primary printer for all Hungarian notes, though during the hyperinflation periods, other unknown printers also supplied notes to meet demand. In 1993, it became a private company, with the designation Pénzjegynyomda Zrt. For more information, visit www.penzjegynyomda.hu.