Hungarian euro coins
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Eurozone (and microstates which mint their own coins) |
Austria | Belgium |
Finland | France |
Germany | Greece |
Ireland | Italy |
Luxembourg | Monaco |
Netherlands | Portugal |
San Marino | Spain |
Vatican |
New Member States |
Cyprus | Czech Republic |
Estonia | Hungary |
Latvia | Lithuania |
Malta | Poland |
Slovakia | Slovenia |
Acceding countries |
Bulgaria | Romania |
Other |
Andorra | Sweden |
Denominations |
€0.01 | €0.02 | €0.05 |
€0.10 | €0.20 | €0.50 |
€1 | €2 |
€2 commemorative coins |
Note: Denmark and the UK currently opt to maintain their national currencies, the krone and the pound. Sweden has not made any effort towards its obligation to join after the failed referendum in 2003. |
Hungarian euro coins have not yet been designed.
Hungary has been a member of the European Union since May 2004, and is a member of the Economic and Monetary Union of the European Union but has not completed the third stage of the EMU and therefore still uses its own currency, the forint.
Current plans indicate the design of the national side is to be designed in 2007.
Hungary's government has all but dropped plans to adopt the euro by the original date of 1 January 2010. Most financial studies, such as those produced by Standard & Poor's and by Fitch Ratings, suggest that Hungary will not be able to adopt the common European currency before 2014, due to the country's high deficit, which in 2006 is expected to exceed 10% of the GDP.