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1st March, 2018

New Ft 1,000 banknote

Starting March 1, new Ft 1,000-denomination banknotes will replace the current ones, the central bank announced on Wednesday.

The current Ft 1,000 notes will remain in circulation as legal tender until October 31, 2018. All banks and post offices will exchange the old notes for the new ones for three years. The MNB will exchange them for 20 years.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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