• Home
• Channel: Finance
• Old 10,000 Forint Notes Invalid After December

Old 10,000 Forint Notes Invalid After December

• 27 Dec 2019 7:04 AM
• Hungary Matters

The National Bank of Hungary (NBH) just issued a reminder that old 10,000 forint (EUR 30) bills will be withdrawn from circulation at the end of this year.

The NBH upgraded the security features on the 10,000 forint bill late in 2014, and set the date for the withdrawal of the old bills in a decree issued in February of this year.

After the old bills are withdrawn from circulation on December 31, they may still be exchanged, free of charge, at banks and post offices for a period of three years, and for a period of 20 years at the NBH.

The NBH noted on its website that the upgraded 10,000 forint bills already account for 95% of all 10,000 forint banknotes currently in circulation.

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Old 10 000 Forint Bill Withdrawn National Bank of Hungary

XpatLoop Media Partner

Hungary Matters

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.

Explore More Reports

High Savings Rate of Hungarian Households Well Over Average for Region

• 13 Nov 2024 7:18 AM

Hungarian households' high savings rate and net financial assets, well over the average for the region, are a "growth reserve" for the national economy, if they can be channeled to corporate financing, Barnabas Virag, a deputy governor at the National Bank of Hungary (NBH), said at a conference organised by the Budapest Stock Exchange.



Will We See 'Fantastic' Results from New Economic Policy in Hungary?

• 25 Oct 2024 11:38 AM

The government's new economic action plan could produce "fantastic results" in 2025, if Hungary follows through with its policy of economic neutrality, Prime Minister Viktor Orban said in a weekly interview with public radio on Friday.



Survey: National Bank on Hungarians' Financial Health

• 25 Oct 2024 6:51 AM

The National Bank of Hungary revealed the results of its inaugural survey on Hungarians' financial health.



Updated: NBH Sees Inflation Slowing Further in September in Hungary

• 27 Sep 2024 6:00 AM

August's 3.4pc CPI was in line with the National Bank of Hungary's expectations, and the central bank sees inflation falling to 3.1pc in September, Andras Balatoni, an NBH director said.