Initially, there was no governing body responsible for its organisation, until the formation of the Hungarian Chess Federation.
The regularity of the Championship was patchy prior to 1950, due in part to the two world wars and inadequate funding.
Since 1949 however, the HCF has been integrated with the Hungarian Sports Federation and so receives state support.
The ten-player women's single round-robin (average Elo 2261) was won by WM Nóra Medvegy on tie-break over IM Ildikó Mádl, both with 6.0/9.
Although invited by the Hungarian Chess Federation, some of the strongest Hungarian players chose not to participate in this event, including Susan Polgar, Judit Polgár, Zsófia Polgár, Péter Lékó, Lajos Portisch, and Zoltán Ribli.