Hungary money exchange · Money Exchange in Hungary
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Money Exchange in Hungary
Money Exchange in Hungary
There are 191 forints to the USD and 274 forints to the EUR (08 August 2011).
Exchange rates for EUR and USD are roughly the same within downtown (at least in Budapest and Eger). Rates will likely be much worse in airports and large train stations - so change exactly what you need to reach downtown. A good habit is to compare the buy and sell rates: if they are drastically different, you're best going somewhere else. Official exchange offices always give a receipt and normally have a large glass between client and a cashier making all steps transparent for client.
Travellers report that unofficial money changers operating nearby an official money changing booth offer unfavourable rates--and recommend to use official exchange offices. It's worth noting that such exchanges are illegal.
If you arrive to Budapest at late nights or state holidays it is quite likely you won't be able to find any working bank or exchange office. In this case you may attempt to exchange your money with any random taxi driver. They will rip you off by 100-200 forints (around 1 EUR), but it's better than nothing. There is an ATM in the arrival hall at Budapest Ferihegy, and the rates for using ATMs with a card are often better than the bureau de change. There are many banks machines in Budapest which will accept European and North American debit/credit cards, if it becomes necessary, it maybe in your best interest to draw a sufficient amount for your stay and it will often give a more much favorable rate.
Adventurous locals in Budapest report they change EUR unofficially with Arabs on a train station, but they don't recommend it to unaccompanied travelers.
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Hungary Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.