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

forint
December 11, 2019 11:32

Futile efforts - Hungarians continue to wallow in a giant pool of cash

Horrific figures revealed

szijjartopeter
December 11, 2019 08:10

One of the world's leading water companies to invest in Hungary again

The French multinational is to start nearly HUF 10 billion expansion project

GettyImages-1139642499factoryworkermunkás
December 10, 2019 15:17

2020 minimum wage on the table again in Hungary on Wednesday

Deal is most unlikely, though

Rontott a magyar bankszektor megítélésén a Moody's
December 10, 2019 12:05

Labour shortages pose a growing risk to CEE's long-term economic prospects - Moody's

Hungary in the most difficult position

shopping01
December 10, 2019 10:21

Hungary cenbank publishes own inflation data

Steady price pressure

shop retail sales lidl
December 10, 2019 09:00

Hungary's inflation accelerates in November

No surprise there