hungarianforint - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Sat, 01 Aug 2026 22:57:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png hungarianforint - Diplomacy & Trade https://dteurope.com 32 32 The Hungarian Currency, the Forint 80 Years Old https://dteurope.com/anniversary/the-hungarian-currency-the-forint-80-years-old/ Sat, 01 Aug 2026 09:55:00 +0000 https://dteurope.com/?p=81052 The forint was introduced in Hungary on August 1, 1946. The issuance of the new currency was necessitated by the pengő’s incredible rate of inflation following World War II — a level of inflation unprecedented in world history. The forint entered circulation in Hungary on August 1, 1946. By that year, the pengő due to […]

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]]> Strong Forint Turning the Hotel Industry Upside Down https://dteurope.com/hospitality/strong-forint-turning-the-hotel-industry-upside-down/ Sun, 21 Jun 2026 08:09:00 +0000 https://dteurope.com/?p=80368 The significant appreciation of the Hungarian currency, the forint by more than 10%, which began after the April parliamentary elections, poses a serious challenge to the Hungarian hotel industry: while the euro was trading above HUF 400 last summer, the exchange rate is now hovering around HUF 350. Executives at both Danubius Hotels and Hunguest […]

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]]> MNB Centenary: History with Banknotes and Coins https://dteurope.com/history/national-bank-of-hungary-centenary-with-banknotes-coins/ Tue, 30 Apr 2024 08:58:00 +0000 https://dteurope.com/?p=70125 Since its creation a hundred years ago, the National Bank of Hungary (MNB) has issued two types of currency in the form of banknotes and coins: the pengő, which has had a short but memorable life of just twenty years, and the forint, which is still in use today. Both have been repeatedly renewed, sometimes […]

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]]> Hungarian Companies Want a Stable Forint https://dteurope.com/economy/hungarian-companies-want-a-stable-forint/ Mon, 20 Mar 2023 08:21:00 +0000 https://dteurope.com/?p=62435 Hungarian business leaders say they do not want a strong or weak exchange rate, but stability, according to an analysis by the financial news site portfolio.hu. The exchange rate of the Hungarian currency, the forint (HUF) against major currencies like the euro or the US dollar has been helped by high interest rates, but business […]

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]]> Hungarian Currency Lost Over 8% of its Value in 2022 https://dteurope.com/economy/hungarian-currency-lost-over-8-of-value-in-2022/ Fri, 30 Dec 2022 19:32:00 +0000 https://dteurope.com/?p=59611 The Hungarian forint (HUF) has moved within a wide range this year, with a gap of around HUF 80 between the strongest and weakest levels against the euro: gaining momentum from the HUF 370 level at the beginning of the year to move close to HUF 350, while in October the common European currency was […]

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]]> K&H: Most Large Companies Still Expect HUF to Weaken https://dteurope.com/finance/kh-most-large-companies-still-expect-huf-to-weaken/ Thu, 22 Dec 2022 22:43:40 +0000 https://dteurope.com/?p=59327 The majority of large companies' managers expect the Hungarian currency, the forint to weaken further until the summer, with almost all of them adversely affected by the exchange rate change, K&H Bank told the state news agency MTI on Thursday. According to their survey, 65% of respondents expect a weaker forint in the next six […]

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