Talk:Hungarian forint

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Contents 1 Fillér as currency? 2 Link to Nemzeti Bank coins&notes page 3 reference for exchange rate from pengő? 4 Missing scans 5 Remove Hungarian forint#History of coins and notes

[edit] Fillér as currency?

The article states: "Historically the forint was made up of 100 fillér, but fillér have been rendered useless by inflation and have not been in circulation since 1999." But what does it mean? It seems clear that the previous currency, the pengő, was subdivided in 100 fillér. Is the fillér still legal tender as a subdivision of Forints (or at least was it)? Clarifications welcome! --NicApicella 15/Aug/2005

Yes, fillér as such was in use until the 1990s. See this page (and click Következő oldal at the bottom for the next pages). The most interesting coin was the 2 fillér (click the red links to see its both sides), which had a hole in the middle. You can also see that this piece of coin was minted in 1990. -- Adam78 23:14, 18 August 2005 (UTC)

Thanks for the info! :-) --NicApicella 24/Aug/2005

[edit] Link to Nemzeti Bank coins&notes page

I was thinking of adding a link to the (Coins and Notes, sorry, I mean) Coins and Notes page of the National Bank, but it seems that the English language version of the page is not completely in sync with the Hungarian version, as a special case, this millenia variant of the 100 Ft coin is not present.

The page may still worth adding as it displays images of current forint coins and notes, which is an information many people could be interested in; and as the National Bank issues these, this is probably the most definitive page to look for them.

Please advise. – b_jonas 13:24, 28 December 2005 (UTC)

Oh, I now see it's already linked above the list of coins and notes. – b_jonas 12:19, 30 December 2005 (UTC)

[edit] reference for exchange rate from pengő?

I'm trying to find confirmation of the 4 x 10²⁹ rate of exchange from pengő to forint in 1946. Global Financial Data (http://www.globalfinancialdata.com) which is generally an excellent source for historical currency information, but is not always perfect says 1 forint = 400,000,000 bilpengő = 400,000,000,000,000,000,000 pengő = 4 x 10 ²⁰. I would think it would be easy to find many web sources, but that's the only one I've found. Ingrid 02:30, 7 February 2006 (UTC)

I've been through this myself. There's a problem with understanding the meaning of worlds like quadrillion. (http://www.globalfinancialdata.com/index.php3?action=detailedinfo&id=5347) gives the exchange rate as 400,000 quadrillion. This is using the quadrillion to mean (in the original, European sense) a million million million million, i.e., 10²⁴. The rate therefore corresponds to 4×10²⁹.

I don't think that's true. In the Global Financial Data currency histories table (an excel spreadsheet), they show: "1 HUF = 400,000,000,000,000,000,000 HUP" where HUF is Hungarian forint, and HUP is Hungarian pengő, which would be 400,000 quadrillion in modern usage. The banknotes do use "milliard" to mean thousand million, and a bilpengő is a million million pengő, not a (modern) billion pengő, but I don't think GFD follows this practice anywhere. Ingrid 23:52, 7 February 2006 (UTC)

And while we're here, the link Dove1950 gave above to GFD implies that the adópengő was introduced in July at a value of 2 billion billion pengő, but Hungarian pengő says that it was introduced in January at par and changed value relative to the pengő. References would be great if anyone has one. Ingrid 00:02, 8 February 2006 (UTC)

OK, first thing first. Billion means a million million in Europe. The US usage is a later definition which has not replaced the original on this side of the Atlantic. It is not the "modern" usage. GFD has got 400,000 quadrillion right in the text but then got it wrong in the Excel chart. The description of the adopengő is also incorrect (I didn't check that, sorry). A better reference is http://shoebox.heindorffhus.dk/frame-HungaryInflationHistory.htm, which tells the full story through Hungarian stamps.
Dove1950 22:47, 8 February 2006 (UTC)

My reference for calling it modern was good old, always right Wikipedia long and short scales. Thanks for the link. I doubted it because the crazy inflation was bad, but not that bad until July. Ingrid 23:33, 8 February 2006 (UTC)

[edit] Missing scans

If you have any of the banknotes or coins missing in GOOD CONDITION, please upload the scans.

--Timur lenk 12:05, 17 July 2006 (UTC)

[edit] Remove Hungarian forint#History of coins and notes

I think this section should be gone, as now more detailed information are available about the pre-1997 forint coins and notes. I wrote the section when those information wasn't in the article anymore. Before the removal, some information of that section might need to be merged to the sections above. I'm just too lazy to do anything about it right now, sorry. – b_jonas 12:35, 30 July 2006 (UTC)

agree. --Chochopk 18:32, 30 July 2006 (UTC)