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forint

Gold bars of the Hungarian gold reserve kept at the Hungarian National Bank, photographed in 2021.

The Unfortunately Eventful History of the Hungarian Gold Reserve

During the regime change following the fall of the Iron Curtain, the Hungarian National Bank gradually sold almost all of the country’s gold reserve, which by 1992 fell to around three tonnes, with the proceeds from the sale of gold…

Hungary’s Wage Increase Signals Economic Resilience

The gross average monthly earnings for full-time employees amounted to 555,900 forints, surpassing the previous year’s figures by 15.2 per cent….
A one hundred forint banknote from 1946.

Happy Birthday, Forint!

The Hungarian currency, the forint celebrates its 77th birthday on 1 August. But in reality, the forint’s history can be traced back to as long ago as the 1320s….

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