Which European country uses the forint as its currency?

Which European country uses the forint as its currency? Hungary uses the forint.

The forint, abbreviated HUF and marked Ft, became Hungary’s currency on 1 August 1946. It replaced the pengő after the hyperinflation that followed World War II. The new currency was part of a major economic stabilization program and helped restore confidence in Hungary’s monetary system.

The name comes from the Italian gold florin, a medieval coin associated with Florence. Hungary previously used a currency called the florin as well, and the forint name revived that historical connection. Today, the Hungarian National Bank issues forint coins and banknotes, including 500-, 1,000-, 2,000-, 5,000-, 10,000- and 20,000-forint notes.

A common mix-up is assuming every European Union country uses the euro. Hungary joined the EU in 2004 but still retains the forint; it has no current euro adoption date. The forint’s former subdivision, the fillér, disappeared from circulation in 1999.