As a consequence of its new independence, Hungary had to develop a national system of honors and awards.
By 14 April 1939 gold, large silver, small silver and bronze awards were issued to non-commissioned officers and men and on 12 September 1942 the gold medal for bravery award (Magyar Tiszti Arany Vitézségi Érem) for officers was added.
It served a Hungary's primary award for recognizing combat heroism during World War II.
[1] The medal features on its obverse the profile of Hungarian Regent Vice Admiral Miklós Horthy.
On the reverse of the medal is the coat of arms of Hungary with crossed swords added.