What type of currency is used in Budapest?


The currency used in a Budapest, Hungary is the Hungarian forint (Ft). Coins come in denominations of 5Ft, 10Ft, 20Ft, 50Ft and 100Ft. Notes come in denominations of 200Ft, 500Ft, 1000Ft, 2000Ft, 5000Ft, 10, 000Ft and 20, 000Ft.

Exchange rates change frequently, but as of April 2014, 1.00FT is equal to 0.004 U.S. dollars.

The Hungarian forint was first introduced on August 1, 1946, post World War II. It is often denoted as HUF and abbreviated as Ft. Until recently, the forint was comprised of 100 fillér, This ceased in 1999. The name forint is derived from Florence, Italy, where gold money originated in 1252.

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Budapest Travel Information and Travel Guide
Straddling the romantic Danube River, with the Buda Hills to the west and the start of the Great Plain to the east, Budapest is the most beautiful city in central Europe. And the human legacy is ... More »
Source: lonelyplanet.com
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