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In Hungary, the florentinus (later forint), also a gold-based currency, was used from 1325 under Charles Robert, with several other countries following Hungary's example. [4] Between 1868 and 1892, the forint was the name used in Hungarian for the currency of the Austro-Hungarian Empire, known in German as the Gulden.
Hungarian forint paper money (Hungarian: forint papírpénz) is part of the physical form of the current Hungarian currency, the Hungarian forint. The forint paper money consists exclusively of banknotes. During its history, denominations ranging from 10 to 20,000 forints were put into circulation in correspondence with the inflation which ...
The pengő (Hungarian: [ˈpɛŋɡøː]; sometimes spelled as pengo or pengoe in English) was the currency of Hungary between 1 January 1927, when it replaced the korona, and 31 July 1946, when it was replaced by the forint.
Fillér (Hungarian:) was the name of various small-denomination coins throughout Hungarian history. [1] It was the 1 ⁄ 100 subdivision of the Austro-Hungarian and the Hungarian korona, the pengő, and the forint. The name derives from the German word vier (four). Originally, it was the name of the four-kreuzer coin.
This infobox shows the latest status before this currency was rendered obsolete. The adópengő ('tax pengő') was a temporary unit of currency of Hungary between 1 January 1946, when it was introduced to try to stabilise the pengő , and 31 July 1946, when both were replaced by the forint .
Hungary maintains its own currency, the Hungarian forint (HUF), although the economy fulfills the Maastricht criteria with the exception of public debt, but it is also significantly below the EU average with the level of 75.3% in 2015.
Hungarian forint coins (Hungarian: forint érmék) are part of the physical form of current Hungarian currency, the Hungarian forint. Modern forint coins (distinguished from pre-20th century forint coinage) have been struck since 1946 and reflect the changes of post-World War II Hungarian history.
Hungary originally planned to adopt the euro as its official currency in 2007 or 2008. [2] Later 1 January 2010 became the target date, [3] [4] but that date was abandoned because of an excessively high budget deficit, inflation, and public debt. For years, Hungary could not meet any of the Maastricht criteria. [5]