20/03/2020: Banned Old Notes
Bangladesh bans the circulation of old 1000 Taka notes to combat counterfeit currency and encourage the use of new security-enhanced banknotes.
09/03/2012: Introduction of New Banknotes
Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.
12/06/2011: Denomination Revamp
Bangladesh revalues its currency by dropping two zeros from the denominations, making 1000 Taka equal to 10 Taka.
23/10/2008: Global Financial Crisis
The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.
01/07/2007: Introduction of Polymer Banknotes
Bangladesh introduces polymer banknotes for the first time, enhancing durability, security, and public acceptance of the Bangladeshi Taka.
01/05/2004: Accession to the European Union
Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.
28/02/2001: Currency Exchange Rate Stability
The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.
16/06/1989: Transition to a Market Economy
Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.
02/03/1976: Introduction of Decimal System
Bangladesh transitions from the Indian Rupee-based monetary system to the decimal-based system, resulting in the issuance of new banknotes and coins.
15/08/1975: Assassination of Sheikh Mujibur Rahman
The assassination of Sheikh Mujibur Rahman, the founding father of Bangladesh and the advocate for the Bangladeshi Taka, creates political instability and economic challenges.
04/01/1972: Introduction of Bangladeshi Taka
The Bangladeshi Taka is introduced as the national currency replacing the Pakistani Rupee at par.
25/03/1971: Declaration of Independence
Bangladesh declares independence from Pakistan, leading to the establishment of the Bangladeshi Taka as the official currency.
20/08/1949: Forint becomes a planned economy currency
Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.
03/08/1946: Introduction of the Forint
The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.