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Is It Better To Use Euro Or Forint In Hungary?

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Last updated on 5 min read

Quick Fact: Right now, Hungary’s official currency is the Hungarian Forint (HUF)—as of 2026. You’ll get about 1 USD for 360 HUF (though that rate changes daily). Budapest, the country’s capital, packs roughly 1.7 million people inside the city and over 2.5 million in the metro area. Geographically, it sits at 47.1625° N, 18.4136° E in the heart of Central Europe.

Where’s Hungary, anyway?

Hungary is a landlocked country in Central Europe, surrounded by Austria, Slovakia, Ukraine, Romania, Serbia, Croatia, and Slovenia.

Budapest, sliced in half by the Danube River, isn’t just Hungary’s biggest city—it’s the political and cultural engine of the whole country. The Forint’s been around since 1946, introduced right after the pengő collapsed under hyperinflation. While you’ll see euros accepted in Budapest’s tourist zones, that’s usually a bad deal: the conversion rates sting, and some shops inflate prices when you pay in euros.

What’s the deal with the Forint vs. the euro?

Use the Forint—it’s Hungary’s official currency and the smarter choice for locals and visitors alike.

Here’s why: the Forint keeps Hungary’s economy independent. The euro? It’s tolerated in Budapest’s tourist hotspots, but you’ll often lose money on the exchange. Plus, some vendors round up prices when you pay in euros. Honestly, this is the best approach for anyone trying to stick to a budget.

What’s the average daily budget in Budapest?

Plan on about Ft26,380 ($73 USD) a day in 2026, with Ft6,559 ($18) for meals and Ft3,122 ($9) for transport.

That breaks down to roughly $73 total, including $18 for food and $9 for getting around. Prices fluctuate, but this gives you a solid baseline for budgeting your trip.

Is cash king in Hungary?

Cash is handy for small vendors, but cards are widely accepted in cities—especially contactless ones.

ATMs inside banks give better rates than those random kiosks on the street. Carry some small bills for markets and taxis, but don’t stress about having wads of cash. Most places in Budapest take cards, and tap-to-pay is everywhere.

Can I drink the tap water?

Yes—tap water is safe to drink in Budapest and across Hungary.

Hungary takes water quality seriously, so you can fill your bottle from any public fountain without worry. (That said, bottled water tastes better if you’re particular about mineral content.)

How widely is English spoken?

English is common in Budapest, especially in hotels and restaurants, but less so in rural areas.

You’ll have no trouble in the capital, but if you venture into the countryside, brushing up on basic Hungarian phrases goes a long way. A simple Köszönöm (“Thank you”) makes a difference.

What’s the religious breakdown in Hungary?

As of 2026 estimates, about 37.2% are Roman Catholic, 11.6% Calvinist, 2.2% Lutheran, and 1.8% Greek Catholic.

Religion plays a quieter role in daily life than it used to, but these numbers reflect Hungary’s historical ties to Christianity. You’ll still see churches everywhere, especially in smaller towns.

Why hasn’t Hungary switched to the euro yet?

Hungary planned to adopt the euro by 2010 but backed out due to high deficits and debt.

Back in the early 2000s, the plan was clear: join the eurozone. Then the 2008 financial crisis hit, and Hungary’s debt ballooned. The Forint’s relative weakness actually helps now—it keeps the country attractive for foreign investors, especially in tech and manufacturing.

What’s the story behind the Forint?

The Forint replaced the pengő in 1946 to stop hyperinflation that made prices double every 15 hours.

Imagine prices jumping so fast that money lost value by the hour—that was Hungary in 1945. The Forint stabilized the economy, and it’s been the national currency ever since. Budapest’s thermal baths, like the iconic Széchenyi (built in 1913), show off the country’s geothermal perks and a spa culture that goes back to Roman times. And if you love museums, Budapest has over 100 of them—more per person than any EU city except Paris.

What should travelers know about money in Hungary?

Use ATMs inside banks, carry small Forint bills, and expect tap water to be safe everywhere.

ATMs in bank lobbies give better rates than street kiosks. Keep some small bills for markets and taxis, but cards are king in most places. And yes, you can drink the tap water—even from public fountains. Just remember: if you’re bringing in or taking out over 1,000,000 HUF, you’ll need to declare it.

How do I avoid bad exchange rates?

Stick to ATMs in banks and avoid exchanging money at airports or random kiosks.

Airport desks and street vendors often give terrible rates. Banks and reputable exchange offices inside malls are your best bet. If you must use a card, go contactless—Visa and Mastercard dominate, and most places accept them without fuss.

What’s the best way to pay in Budapest?

Contactless cards are the easiest—Visa and Mastercard work almost everywhere.

You’ll rarely need cash in Budapest’s cafés, museums, or shops. Just tap your card or phone, and you’re good to go. (Pro tip: Notify your bank before you travel to avoid surprise blocks.)

What’s the deal with Hungary’s geothermal baths?

Budapest’s thermal baths, like Széchenyi, are a must-visit—they’ve been around since Roman times.

These baths aren’t just tourist traps; they’re a core part of Hungarian culture. The Széchenyi, built in 1913, sits in a stunning yellow Neo-Baroque building and draws visitors year-round. The geothermal springs make the water naturally warm, so it’s a relaxing (and uniquely Hungarian) experience.

How many museums does Budapest have?

Budapest has over 100 museums—more per capita than any EU city outside Paris.

Whether you love art, history, or quirky niche collections, Budapest delivers. The city’s museum scene is one of its unsung strengths. From the Hungarian National Gallery to the House of Terror Museum, there’s something for every interest.

This article was researched and written with AI assistance, then verified against authoritative sources by our editorial team.
MeridianFacts Countries & Maps Team
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