Banking

Living in Europe | Banking | Hungary

 

Although Hungary is part of the European Union, not part of the EuroZone. The official currency of Hungary is the Hungarian Forint (HUF). The Forint is not pegged to the Euro so exchange rates vary (follow exchange rates here). Some stores now accept the euro as well, but the change back is always received in HUF, usually exchanged at a rate significantly worse than at exchange offices. A wealth of currency exchange offices available in all major cities for cash exchange. However, there are several digital and online banks available for HUF currency at better exchange rates.