2017-01-05 Thu

New Hungarian banknotes were issued in 2015 and they are being circulated well in the last two years. Officials state that 85 percent of the Hungarian 20.000 forint banknotes have already been replaced with the new ones.

31st of December 2017 is the deadline for using the old notes. After that date, the notes can be returned at the Post Offices for three more years and at the Magyar National Bank until 2037. The new 2000Ft and 5000Ft banknotes will be introduced in March 2017 with upgraded designs and security features. The old ones can be used until the 31st July 2017 which can be returned and re-found at the Magyar National Bank until 2037.