The currency of Hungary is the Hungarian Forint abbreviated as Ft and often denoted as HUF. The Forint waas introduce in 1946 is devided in 100 Filler. Since 1999 the Fillér does not exist anymore since it is too little money (1 Filler would be around 0,00004 Euros). The Hungarian currency Forint as we know it today was introduced on August 1st 1946. In 2008 even the 1 and 2 Forint coins got useless since all prices are rounded up or down to 5 Forint. In 2009 the Hungarian government also introduced the 200 Forint coin with the official statement that the production cost would be lower. In fact the real reason, thats what everybody thinks, is that Hungary wanted to make the next step to the Euro and have a coin which comes close to the 1 Euro coin. Not only in value but also optical.
The long term goal of Hungary is for sure to introduce the Euro as a currency of Hungary but when and if that happens is unclear. It is intended to introduce the Euro on January 1st 2012.
The Forint coins are available in
1, 2, 5, 10, 20, 50, 100 and 200 Forint coins.
The Forint bills are available in
200, 500, 1000, 2000, 5000, 10.000, 20.000 Forint bills.
At the moment 1 Euro equals around 310 Hungarian Forint.