Hungary Currency

Travelling to or living in Hungary? Managing your money shouldn’t be stressful. With TransferGo, you can send, spend, and exchange money affordably — so more of your money goes where it matters.

Use the GoCard in Hungary

Open a UK bank account with us and get a GoCard for smarter spending in Hungary. Pay in local shops, use ATMs globally, and enjoy contactless payments—all with zero hidden fees. Everything is managed from the app. Available only to UK and EU residents.

What is the currency in Hungary?

The official currency of Hungary is the Hungarian forint

Ft500, Ft1,000, Ft2,000, Ft5,000, Ft10,000, Ft20,000 Ft5, Ft10, Ft20, Ft50, Ft100, Ft200 The forint was introduced in 1946 to stabilize the economy post-World War II. It is not pegged to any other currency and has been managed by the Hungarian National Bank since its inception.

HUF, Ft

Banknotes

HUF 500

HUF 1,000

HUF 2,000

HUF 5,000

HUF 10,000

HUF 20,000

Coins

HUF 5

HUF 10

HUF 20

HUF 50

HUF 100

HUF 200

How to spend money in Hungary

Hungary is a mixed economy when it comes to payments. In Budapest and larger cities, debit and credit cards are widely accepted in shops, restaurants, and hotels, and contactless is common. However, cash is still necessary in rural areas, at farmers’ markets, and with smaller vendors. ATMs are abundant across the country and generally safe to use. Tip: Always choose to pay in the local currency (HUF) to avoid extra conversion charges. With TransferGo, you can spend confidently and save on hidden fees.

  • Tip: Always pay in the local currency to get the best exchange rate and avoid extra conversion charges.

Tips for exchanging money in Hungary

Use official exchange bureaus in city centres for the best rates.

Avoid exchanging money at airports, train stations, or hotels—they often have high margins.

Some shops may offer to charge you in euros, but it’s usually cheaper to pay in forints.

Carry smaller notes for public transport tickets and kiosks.

Use TransferGo to send and exchange money at transparent rates, with no surprises.

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Frequently asked questions

What is the official currency used in Hungary?

The Hungarian forint (HUF, Ft).

What is the official currency used in Hungary?

Symbol: Ft | Code: HUF

Can I use my home currency in Hungary?

Most places accept only the local currency. Paying in other currencies may incur costly conversion fees.

How can I use my GoCard in Hungary?

Just activate it in the app and start spending—online or in stores.

Is it better to use cash or card when spending in Hungary?

Cards are widely accepted, but carry some cash for smaller shops or rural areas.

Are credit or debit cards widely accepted in Hungary?

Yes, especially in cities and larger towns.

Are there ATMs available in Hungary, and are there withdrawal limits?

Yes, ATMs are common. Limits vary depending on your card provider.

Can I use a GoCard in Hungary?

Yes! You can use your GoCard for spending, withdrawing, or managing your money—with fair rates and no hidden fees.