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New 500 Forint Launched

4 Jul 2018 10:01 AM
Hungary Matters

New 500 Forint Launched

The National Bank of Hungary will replace the 500 forint as the final element of a banknote replacement programme started in 2014. The old 500 forint bills will remain in circulation until October 31, 2019.

The new 500 forint bills will become legal currency from July 4, but will not come into broad circulation until February 1, 2019.

MTI Photo: Bruzák Noémi

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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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