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Scripophilia (2891)
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Close
The national currency of Hungary is the Hungarian forint. Historically, 1 forint = 100 fillers, but since 1999 the filler has not been in circulation. In 1946, coins were introduced in denominations of 2, 10, 20 fillers and 1, 2, 5 forints. A silver 5 forint coin was introduced only the following year, but it was later withdrawn from circulation. 5 and 50 fillers were released in 1948. In 1967, the 5 forint coin was reinstated, followed by the introduction of 10 forint coins in 1971 and 20 forint coins in 1982. In 1992, a new series of coins was introduced in denominations of 2, 5, 10, 20, 50 fillers, and 1, 2, 5, 10, 20, 50, 100 forints, as well as 200 and 500 forints in silver. Production of the 2 and 5 filler coins ceased in 1992, and the fillers went out of circulation in 1999. In 1996, a bimetallic coin replaced the 1992 100 forint coin, as the latter was considered too large and awkward and could easily be mistaken for a 20 forint coin. Silver 200/500 forint coins were discontinued in 1998 (due to their face value becoming too low compared to the value of the precious metal), 1 and 2 forint coins remained in circulation until 29 February 2008. Total supply purchases are rounded to the nearest 5 forints (0 or 5) when paying in cash. A new 200 forint coin was introduced to replace the 200 forint note from 15 June 2009.