01/07/2019: Redenomination of the Belarusian Ruble
Belarusian ruble undergoes another redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
01/12/2016: Introduction of new 20 and 50 ruble banknotes
New banknotes with improved security features and modern designs are introduced in denominations of 20 and 50 rubles.
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.
20/05/2009: Devaluation of the Belarusian Ruble
Due to economic crisis, the Belarusian ruble devalues by approximately 20% against major foreign currencies.
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.
01/05/2004: 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.
28/05/2000: Introduction of New Coins
New coins, denominated in kopeks, are introduced alongside the ruble banknotes.
30/06/1998: Introduction of New Banknotes
New series of banknotes is introduced, featuring improved security features and designs.
24/05/1994: Belarusian Ruble Redenomination
To stabilize the currency, the Belarusian ruble undergoes a redenomination, with 10,000 old rubles being exchanged for 1 new ruble.
20/05/1992: Introduction of the Belarusian Ruble
The Belarusian Ruble is introduced as the official currency of Belarus, replacing the Soviet ruble at a rate of 1 Belarusian ruble to 10 Soviet rubles.
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.
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.