Show me the money
Although Hungary is now a full member of the EU, the Hungarian forint (HUF, or Ft) will remain the local currency for the foreseeable future . £1 Pound sits anywhere between 340 – 360 HUF depending on the market.
Hungarian banknotes come in denominations of 500, 1000, 2000, 5000, 10,000, and 20,000 forints. Confused by all the zeros? A good rule of thumb is to think of the 2000 forint note as a fiver, a bit more actually. Oh and a word of warning. The 200 HUF note has long since stopped being legal tender and was replaced by a 200 HUF coin. If anyone tries to exchange you for a 200 note, tell them where to go.
If you bring Pounds or Euros on your trip, you’ll have no trouble finding a place to exchange them, but we strongly recommend that you just bring your cash point card and obtain cash that way. You’ll get the best exchange rate from any of the cashpoint machines that are everywhere in Budapest – most definitely avoid the money changers that loiter in touristy areas and train stations.
And while cash is still preferred, you’ll find that most department stores, convenience shops, food places and even some of the more upmarket bars and pubs will take credit and debit card.
And please, please, please don’t think about getting any HUF back in the UK… you’ll get a pathetic exchange rate.