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

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

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

Adoption of the euro: 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 Egyesűlet, OFE (National Association for Consumer Protection in Hungary, NACPH)