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Hungarian forint
Hungary officially uses the forint as the local currency. 1 forint is divided into 100 fillér.
Currency regime
The Hungarian forint has a central rate against the Euro of 282.4 and the central bank allows the forint to fluctuate within a 15% range either side of this central rate. This is the same arrangement that applies in the Exchange Rate Mechanism (ERM), but Hungary is not formally in the ERM at this time.
Local currency is preferred to travellers cheques.
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