One more day to spend your old 1,000 forint bills in Hungary

Portfolio
The last day to pay with the old 1,000 forint bills issued before 2017 is 31 October when the National Bank of Hungary (MNB) will withdraw them for circulation, the bank announced on Tuesday.
As of 1 November 2018, only the new 1,000 forint bills first issued in March this year will be accepted in stores. Businesses will no longer be obliged to accept them after the 31 October deadline.

The old bills are not losing their value; every post office and bank replace them with legal bills for another three years, and the central bank replaces them free of charge for 20 years.

By the last days of October, 81% of the 1,000 forint bills have been replaced.

' title='
 

More in Economy

gyár termelés worker
August 28, 2025 09:03

Summer sees turnaround in domestic labor market

Employment has increased

varga mihály mnb elnök jegybankelnök
August 27, 2025 12:35

No interest rate cuts to be expected this year or next, OTP experts say

The inflation situation does not allow for it

GettyImages-638925760-dolgozó-gép-gyár-gyártás-ipar-szakma-technológia-termelés
August 27, 2025 12:05

Hungarian wage agreement at risk as government intervention looms

Ministry of National Economy reacts to the fresh earnings data

ipar termelés worker dolgozó gyártósor bérek keresetek
August 27, 2025 09:21

What slowdown?! Average gross wages in Hungary already at 700,000 forints

Growth back to around 10% (the median is still another story though)

mnb
August 26, 2025 16:27

National Bank of Hungary provides rationale for the August rate decision

Not much change from last month

varga mihály mnb elnök jegybankelnök
August 26, 2025 15:38

Mihály Varga: Inflation expectations are high and not in line with the MNB's target

Governor of the National Bank of Hungary speaks after the rate decision

LATEST NEWS
Charting is displayed using TradingView's technology, a platform, where you can build advanced charts, spot upcoming trends in the stock screener, and find inspiration in multiple trading ideas

Detailed search