In 1946, the first series of forint banknotes were put into circulation with the denominations of 10 Ft and 100 Ft. As a consequence of their poor quality (offset printing), many counterfeit appeared in a short time.
[2] The Hungarian National Bank has announced the withdrawal of the 1000 forint notes issued prior to 2006.
This affects the 1000 forint note from the current series, but without the red metallic strip on the obverse side, i.e. also the Millennium issue.
The Hungarian National Bank will continue to exchange these notes for twenty years, until August 31, 2027.
Beginning in 2014, the Hungarian National Bank issued a revised series of forint banknotes, featuring the same themes as its previous issues, but containing advanced security features.