Currency in Hungary: exchange, import, money. What is the currency in Hungary?
Currency in Hungary
Hungary is a very wonderful country located in the center of Europe. It is quite a popular travel destination among many tourists. Perhaps, traveling here for the first time, will wonder what the currency is in Hungary? The official currency in Hungary is called the forint. This currency appeared in circulation in 1946 and replaced the pengyo..
Until 1999, 1 forint was divided into 100 fillers, but now there are no fillers in circulation. As in many countries, money in Hungary is circulated in the form of coins and banknotes. Coins are available in denominations of 5, 10, 20, 50, 100 and 200 forints, and denominations of 500, 1000, 2000, 5000, 10,000 and 20,000 forints.
What currency to take to Hungary
This question arises among tourists traveling to this country for the first time. The easiest solution would be to take euros or dollars with you. In this case, there will be no problems with exchanging currency for a local one already directly in the country. Of course, you can change the currency before arrival, but you may either be refused an exchange, or the exchange will be extremely unprofitable.
The import of currency into Hungary as a whole has no restrictions, but it should be understood that when importing an amount exceeding 3000 euros, you must fill out a declaration.
Currency exchange in Hungary
This topic has already been touched on in this article a little higher. Once again, you can draw your attention to the fact that exchanging your currency for forints before arriving in Hungary will be extremely unprofitable. As for exchange offices in Hungary, here currency can be exchanged at banks and specialized exchange offices. Also, the exchange can be made at airports, but it is better to refrain from this, or change a small amount, because the exchange here will be unprofitable.
In the city, the exchange rate is about the same everywhere, so you shouldn't bother choosing the most profitable exchange office..
It should also be said that it is not necessary to take only cash into the country. You can use credit cards, VISA and MasterCard payment systems are quite popular here. Most ATMs dispense cash in HUF. In addition, many services and goods can be paid using bank cards.
What you need cash for
If your main means of payment is a card, you shouldn't forget about cash, you will always need it. Cash in Hungary may be needed to pay for taxis, public transport, and some shops do not accept credit cards. In addition, a lot of attention is paid to tips in the country, you should tip 10% of the order amount..