As part of an ongoing program under way since 2014 to replace old Hungarian banknotes with new forint bills that feature revamped designs and updated security components, these fresh 2,000- and 5,000-forint banknotes will incorporate these upgrades and also have a brighter color scheme. While those who exchange old banknotes during the period when they are still in circulation to freshly printed bills may be subjected to a fee at certain financial institutions, after July 31st, the outdated series of 2,000- and 5,000-forint banknotes can be exchanged free of charge at any of Hungary’s commercial banks and post offices through July 31st of 2020, and at the Central Bank of Hungary through July 31st of 2037.
As the next step in the demonetization program, the current series of 20,000-forint notes will be removed from circulation after December 31st, and will be replaced with newly designed bills of the same denomination. The current 20,000-forint notes can be exchanged to new bills of the same value at Hungary’s commercial banks and post offices for three years, through December 31st of 2020, and at the Central Bank of Hungary for 20 years, through December 31st of 2037.
These changes do not affect the current series of 500-, 1,000-, and the recently renewed 10,000-forint banknotes, which will remain in circulation until further notice.
The cashier’s office of the Central Bank of Hungary (Budapest 1054, Kiss Ernő utca 1) is open on Monday during 10am-6pm, on Tuesday, Wednesday, and Thursday during 8am-3pm, and on Friday during 7am-noon.
