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The notes share the common size of 154 × 70 mm. The banknotes are printed by the Hungarian Banknote Printing Corp. [1] in Budapest on paper manufactured by the Diósgyőr Papermill in Miskolc. [2] The Hungarian National Bank has announced the withdrawal of the 1000 forint notes issued prior to 2006.
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The forint (Hungarian pronunciation: ⓘ, sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér , but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post- World War II stabilisation of the Hungarian economy , and the currency remained ...
The adópengő was eventually replaced by the forint at a ratio of 200 million adópengő to one forint. The Ludas Matyi satirical magazine explains aptly the relationship between the pengő and the adópengő: "The pengő was the piece of paper that had no value, and the adópengő was used to measure the value of the pengő."
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From 1996, a bimetallic 100 forint coin was minted to replace the 1992 version, which was considered too big and ugly and easily confused with the 20 forint coin. The 200 forint coin was made of .500 fine silver until 1994, when the price of the metal rose higher than the coin's face value. However, small issues for collectors were minted until ...