These banknotes were in the first 75 years of the forint

These banknotes were in the first 75 years of the forint

Ensuring the provision of cash to the economy and maintaining confidence in cash payments a Hungarian National Bank Tasks. The forint was introduced in Hungary on August 1, 1946, and since then the currency has become a part of our daily lives. In our photo gallery, we now show where the forint banknote worked and how the banks were painted then and today.

Printed by Pénzjegynyomda Zrt. MNB, a trading company owned by MNB, issued paper fortnite notes on behalf of MNB. The paper required for banknote production is produced by Diósgyőri Papírgyár Zrt. , owned by Pénzjegynyomda Zrt. , which is the oldest paper mill in the country still operating today, and is capable of producing so-called security core papers.Pénzjegynyomda Zrt. It has been producing banknotes since the 1920s, so the first forint banknotes were printed with it.The minting of forint coins was carried out at the request of the MNB by Magyar Ménzverő Zrt. , a trading company owned by MNB, starting in the 1920s, so even the first forints were rolled off the production line.

Click gallery to see past and current banknotes! Photo signatures show the year of submission of the particular version and the date of submission (older versions of the denominations, of course, were already accepted and were produced prior to the introduction of the forint on August 1, 1946).

Click on the image!Source: Shutterstock

In the early period of forint history, banknotes were designed for decades to be used in accordance with the technical development of the era. At present, however, the a Changing the era of cash flow It creates new, complex and constantly evolving demands on banknotes.

Click on the video to see how modern forint banknotes are made today!

Banknotes withdrawn from circulation lose their legal status on the closing date, but the withdrawal of a particular class of banknote does not mean that it loses its value. The cash registers and post offices of credit organizations issue old banknotes for a period of 3 years from the date of withdrawal, MNB They will be converted to commercial versions free of charge for 20 years.

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