Thursday, April 21, 2011

Hungarian Forint (Ft)

Hungary's currency - Forint - Abbreviation Ft

U.S. dollar - Forint exchange rate: 1 dollar is about 180-200 Forint

Money - Hungarian currency - Forint (Ft) - do not exchange too much at the airport - they work with terrible rates. The exchange rate is going to be much worse than in the city.

Your safest place to change currency is at the “Change / Exchange signs at small stores in the city” or just use your credit card and your bank card or withdraw money from an ATM or at a bank. However, in the case of the latter one, you maybe charged some small international access fees.

Never change money on the street from random people.

Although in Hungary it is generally accepted to pay with credit card, many places still only accept cash. So please be prepared for that. Also travelers' checks are not accepted in Hungary.

Many places however accept Euro or Dollar at touristy areas, if you don't have Forint available, but please keep in mind that your money will be converted on a bad rate.

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