If you are planning a trip to Hungary, you might assume that it uses the euro. After all, it is part of the European Union and sits in the heart of Central Europe. However, Hungary has kept its own national currency.
Understanding what currency Hungary uses, how payments work, and what to expect when spending will help you avoid unnecessary fees and confusion. While paying for things in Hungary is generally simple, there are a few details worth knowing before you arrive.
What Is the Official Currency of Hungary?
Hungary uses the Hungarian forint as its official currency.
The currency code is HUF, and prices are usually shown with the symbol Ft after the amount. You will often see large numbers on menus and price tags, as the forint has a lower value compared to the pound or euro.
Banknotes commonly come in denominations such as 1,000, 2,000, 5,000, 10,000 and 20,000 forint. Coins are used for smaller amounts, including 5, 10, 20, 50, 100 and 200 forint.
Because the numbers can look high at first glance, it helps to check the current exchange rate before travelling so you can quickly estimate prices in pounds.
Is Hungary Part of the Eurozone?
As touched on already, Hungary is a member of the European Union but it does not use the euro as its official currency.
The Hungarian forint operates independently and is not fixed to the euro in the same way as some other European currencies. This means exchange rates can move more noticeably.
For UK travellers, this simply means it is worth keeping an eye on the exchange rate when planning your trip.
Can You Use Euros in Hungary?
In most cases, no.
The Hungarian forint is the only official currency accepted for everyday transactions. Restaurants, shops, public transport and attractions expect payment in forint.
In some central areas of Budapest, particularly those aimed at tourists, you may see prices displayed in euros. A few businesses might accept euro payments, but the exchange rate offered is usually poor.
Paying in forint will almost always give you better value.
Exchanging Money in Hungary
There are several ways to obtain Hungarian forint.
You can exchange pounds before you travel at a Travel Cash location, which is usually the easiest option and provides peace of mind.
Many visitors choose to withdraw forint from an ATM after arrival. ATMs are widely available in Budapest, at the airport and in towns across the country, but they may be hard to find in more remote locations.
If you use a currency exchange office in Hungary, check the rate carefully before committing. Some exchange bureaux advertise very favourable rates but include very high commission or different rates for buying and selling.
Paying by Card in Hungary
Card payments are widely accepted in Hungary, especially in Budapest and other larger cities.
Most hotels, restaurants, cafés, supermarkets and shopping centres accept debit and credit cards. Contactless payment is common, and many places also accept mobile wallet payments.
However, smaller establishments, traditional market stalls and some rural guesthouses may prefer cash.
If you are travelling outside major cities or exploring smaller towns, it is sensible to carry some forint with you.
As always, inform your bank before travelling to prevent your card being blocked.
Using Cash in Hungary
Cash is still useful in Hungary, even though card payments are common.
You may need cash for market purchases, small bakeries, local transport in certain areas and tips.
Having smaller notes is helpful, particularly for taxis and small purchases. While most places can provide change, paying with a large banknote for a small item can sometimes be inconvenient.
ATMs are generally easy to find and reliable. Try to use machines located at banks rather than standalone units in tourist hotspots.
Tipping in Hungary
Tipping is customary in Hungary and is expected in certain situations.
In restaurants, a service charge may already be included in the bill. If it is not, leaving around 10 percent is standard for good service.
In more traditional settings, it is common to hand the tip directly to the server rather than leaving it on the table.
Taxi drivers are often tipped by rounding up the fare or adding a small percentage.
Hotel staff such as porters and housekeeping may also receive small cash tips.
Everyday Costs in Hungary
Hungary is often more affordable than many Western European destinations, though prices in central Budapest have risen in recent years.
Eating at local restaurants can be reasonably priced, especially outside the main tourist areas. Public transport is inexpensive and efficient, particularly in the capital.
Museum entry fees, thermal baths and cultural attractions are generally affordable compared to similar experiences in other European cities.
However, popular attractions, high end restaurants and boutique hotels in central Budapest can be more expensive.
If you want to keep costs down, consider eating away from the most tourist heavy streets and using public transport rather than taxis.
Paying for Public Transport
Budapest has an extensive and efficient public transport system, including metro, trams and buses.
Tickets can be purchased from machines, many of which accept cards. Some smaller machines may require cash.
In other towns and rural areas, buses may require cash payment directly to the driver.
Taxis in Budapest usually accept card payments, but it is wise to confirm before starting your journey if you prefer not to use cash.
Safety and Practical Tips
Hungary is generally safe for travellers, but it is still important to take normal precautions.
Use ATMs in well lit areas or inside banks.
Avoid exchanging money with unofficial street dealers.
Be cautious of dynamic currency conversion when paying by card. Always choose to pay in forint rather than pounds if given the option.
Keep small amounts of cash easily accessible and store larger amounts securely.
Is Hungary Expensive for UK Travellers?
Hungary offers a good balance between affordability and quality.
Compared to cities such as Paris or Rome, Budapest is usually cheaper for accommodation, food and entertainment.
Thermal baths, river cruises on the Danube and historic sites offer good value compared to similar attractions elsewhere in Europe.
While prices in central tourist areas have increased, Hungary remains a destination where UK travellers can enjoy a city break or longer stay without excessive spending.
With a combination of card and cash, and a little awareness of exchange rates and payment options, managing money in Hungary is straightforward. Once you understand the basics, you can focus on exploring historic streets, relaxing in thermal baths and enjoying Hungarian cuisine without worrying about currency issues.
