Hungary and the euro

Hungary at a glance

Surface area: 93 030 km²
Population: 10 064 000 (Eurostat 2007, provisional figure)
Joined the European Union: 1 May 2004
Currency: forint (HUF)

Euro information

Hungary is not yet a member of the euro area. The forint is not yet within the Exchange Rate Mechanism (ERM II).

The current euro to forint foreign exchange reference rate can be consulted on the website of the European Central Bank (updated daily).

Hungary does not have a target date to adopt the euro.

Documents and publications

• Documents on the convergence process (National Bank of Hungary, also in English)
• Fifth report on the practical preparations for the future enlargement of the euro area. COM(2007) 434 final (European Commission)
• 2006 Convergence Report. COM(2006) 762 final, also published as European Economy, No. 1/2006  (European Commission)

Opinion polls and surveys

• Flash Eurobarometer 207 (May 2007)
• Flash Eurobarometer 191 (November 2006)

Websites

Euro portals

• Euro oldalak (euro section on the National Bank of Hungary website)
• Euro info service KFT
• EUvonal

Institutions

• Magyar Nemzeti Bank (National Bank of Hungary, also in English)
• Pénzügyminisztérium (Ministry of Finance of Hungary, also in English)
• Miniszterelnöki Hivatal (Official website of the Hungarian Prime Minister, also in English)
• Euröpai Ügyek Hivatala (Office for European Affairs, also in English)

Business

• The Hungarian Chamber of Commerce and Industry
• Euro Info Centres in Hungary

Consumers

• Országos Fogyasztóvédelmi Egyesulet, OFE (National Association for Consumer Protection in Hungary, NACPH)