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Withdrawal of the 20,000 Hungarian Forints note

There is a 20,000 Hungarian Forint note out of circulation

In a previous post we gave you information about the Hungarian Forint notes, their history and denominations.

And today we inform you that since December 31, 2017 one of the banknotes of the old series of Forints is no longer in circulation: the 20,000 Forints note.

Withrawn 20,000 Forint note
Note of 20,000 Hungarian Forint out of circulation
 
 

So we remind you that currently there are two series of Hungarian Forint notes:

  • The old series: only the notes of 500, 1,000 and 10,000 Forints are legal tender
  • The new series: whose denominations are 2,000, 5,000, 10,000 and 20,000 Forints

If you have a note of the old series that is no longer in circulation, the only way to change it is at the National Bank of Hungary, where they exchange them for the new equivalent legal tender note at no cost.

If the ones you have are valid, you can change them to Euros in any of the Eurochange exchange offices.

And if what you need is to exchange your Euros to Hungarian Forints to travel to Hungary, you can make your change at any of our offices with currency selling service or you can directly buy Forints right now on our website: BUY NOW!

Banknotes out of circulation

Recently withdrawn banknotes

In recent weeks there have been some changes in the notes that we can accept. We tell you what they have been.

5 Pound paper note
5 Pound withdrawn banknote

 

5 Pound paper banknote

On May 5, the Bank of England withdrew the old 5 Pound paper note from circulation. In this way, the only 5 Pound note that is valid is the polymer one.

Since that day, we can no longer accept this banknote in our exchange offices, and it can only be exchanged at Bank of England branches.

More info

 

Swedish Kroner withdrawn banknotes
100 and 500 withdrawn Swedish Kroner banknotes

 

100 and 500 Swedish Kroner

In 2015 the Bank of Sweden issued a new series of banknotes to replace the previous ones. Since then, the old notes have gradually been withdrawn from circulation.

On 30th June 2017, the two remaining notes will be withdrawn, the 100 and the 500 Kroner. Although there are still weeks left, for reasons beyond Eurochange, we will not be able to continue accepting these notes in our exchange offices.

If you have some of these notes, you can still change them or use them in Sweden until the end of next month.

More info

 

Hungarian Forint withdrawn banknotes
2000 and 5000 Hungarian Forint withdrawn banknotes

 

2000 and 5000 Hungarian Forints

In 2014 the National Bank of Hungary also began with the task of renewing their banknotes of Hungarian Forint. In 2016 they issued the last notes of this new series: 2000 and 5000 Forints.

On 31st July 2017 the Bank will withdraw of circulation the old notes of 2000 and 5000 Forints, who will be the firsts to leave the circulation. As with the Swedish Kroner, for reasons beyond Eurochange, we will not be able to continue accepting these notes in our exchange offices. Although until their date of retirement you can change or spend them in Hungary.

More info

 

Buy your currency

Remember that if you are traveling and you need to buy foreign currency, you can come to our branches with the currency selling service available or you can buy your currencies online through our website.

And if you want to be aware of all the news, subscribe now to our blog and you will receive the latest news once a week.

We will wait for you!

Hungarian Forint

If you are going to travel to Hungary, read this post about their currency

Are you going to visit Budapest or any other Hungarian city? Here you’ll find some information about their currency to familiarize yourself with it before your trip. The Hungarian Forint is the official currency of Hungary. Its ISO 4217 code is HUF and its symbol is Ft. One Florin is divided into 100 filleres, although currently the smallest coin is 5 forint.

Mathias Church in Budapest, Hungary

History

The Florin as we know today was introduced in Hungary in 1946 to stabilize the Hungarian economy and to curb inflation. Hungary joined the European Union in 2004 and is expected in the not too near future leave the Forint to join the common currency.

Notes and coins

Forint banknotes are 500, 1000, 2000, 5000, 10000 and 20000. On the front of the banknotes appear different historical characters from Hungarian royalty and nobility. On the back appear landmarks of the country: the Castle of Sárospatak, the Hercules Fountain (Budapest), the Széchenyi's mansion at Nagycenk, the Castle of Esztergom and the old House of Commons.

Forint coins are 5, 10, 20, 50, 100 and 200 Forint. On the coins appears the coat of arms of Hungary and various representatives of the flora and fauna of the country.

On the website of the Hungarian National Bank you can see the Forint banknotes and coins: Magyar Nemzeti Bank

Hungarian Forint rates (HUF)

On our website you can check the rate of the Hungarian Forint daily updated. You will be able to make a reservation of the amount that you need and pick them up at your nearest branch (if we have stock of this currency) or you could buy online the Hungarian Forints that you need and you will receive them at home. So you will be sure to have the total amount available for your trip.

Moreover, when you come back from Hungary, you will be able to exchange the leftover Forints back into Euros in any of our branches (remember that we can’t accept coins, just notes).

Have a nice trip!

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