Hungary Currency Guide
Home to architecture that takes your breath away and steeped in fascinating history, Hungary is a must-visit destination for anyone looking to see as much of the world as possible. However, before jetting off to this fascinating country, understanding the currency is the first step in planning your trip.
At Crown Currency Exchange, we like to take the guesswork out of travelling, and that’s why we’ve put together this complete guide to currency in Hungary. Here, you’ll find details on what currency you need for Hungary, what it looks like, a brief history, and even some tips for budgeting ahead of your holiday.
Taking Travel Money to Hungary
When visiting Hungary, you’ll need to take the official currency of Hungarian Forints (HUF) with you. Visit Crown Currency Exchange at one of our many locations, where you’ll be able to buy Hungarian Forints at the best rates and with no commissions or hidden fees.
Is it better to convert currency in Australia or Hungary?
Converting your currency before leaving Australia is the best option, as this means you’ll be able to start shopping, dining, and more as soon as you arrive in Hungary. Also, exchanging currency in Australia saves you from higher fees and less favourable rates at airports or tourist areas in Hungary, nor will you have to worry about finding the best place to exchange your Australian Dollars, meaning you’ll have more time to enjoy your trip!
How much cash can I take to Hungary?
If you’re travelling between Hungary and a non-EU country, you must declare any funds exceeding 10,000 euros or its equivalent. This includes all types of currency, not just cash. Failure to declare may result in fines.
Where to convert currency?
Crown Currency Exchange is Australia’s largest and leading foreign exchange provider. With over 20 years of experience in ensuring our customers have the exact currencies needed to get the most from their travel adventures, we offer great rates on foreign currency and exceptional customer service. You can collect your foreign currencies from over 60 stores across Australia and get your travel money on the spot, locking in a fantastic exchange rate. Our stores are located nationwide in Sydney, Melbourne, Brisbane, Gold Coast, Canberra, Adelaide, Tasmania & Perth.
What is ATM access like in Hungary?
You’ll find ATMs in Hungary in most major cities and towns, and most accept international payment cards for cash withdrawals, including Mastercard and Visa. However, it’s important to note that if you’re visiting a smaller town or village, you’re unlikely to find an ATM, so it’s best to carry cash. You should also check with your bank or credit card provider ahead of your tip to find out what fees you could incur when using your Australian bank card in a Hungarian ATM.
Is tipping customary in Hungary? How much is expected?
Tipping in Hungary is customary, and showing appreciation for good service is polite. In restaurants, a tip of 10-15% of the total bill is the standard, and it’s best that you leave the tip in cash rather than adding it to the card payment. For instance, if your meal costs Ft10,000 HUF ($42 AUD), a tip of Ft1,000 – Ft1,500 HUF ($4 – $6 AUD) is appropriate. In taxis, rounding up to the nearest hundred forints or leaving a 10% tip is standard, while for other services such as hotel staff or tour guides, tipping is appreciated but not obligatory.
What should you budget per day in the Hungary?
Hungary is relatively affordable compared to some other European countries, allowing you to enjoy your trip without breaking the bank. But, as always, budgeting for your trip to Hungary depends on your travel style and preferences. Here’s a general idea of how much you’ll need to put aside for each day based on your travel style.
Budget
Budget travellers can comfortably explore Hungary on a daily budget of around Ft20,000. This amount covers dormitory accommodations in hostels, meals from local eateries or street food vendors, public transportation, and visiting free or low-cost attractions.
Mid-Range
For mid-range travellers, a daily budget of about Ft40,000 allows for more comfort and some higher-end experiences. This budget includes staying in mid-range hotels or private rooms in hostels, dining in moderately priced restaurants, using taxis or ride-sharing services, and visiting a mix of free and paid attractions.
Luxury
Luxury travellers can indulge in Hungary’s finest offerings with a daily budget of around Ft80,000+ and above. This budget includes luxury hotel stays, fine dining experiences, private tours, and exclusive activities.