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The currency of Hungary is the forint (symbol: Ft; code: HUF), derived from the city of Florence where gold coins known as fiorino d'oro were first minted in 1252. In Hungary, the florentinus, later referred to as the forint, served as a gold-based currency from 1325 under the reign of Charles Robert, setting a precedent followed by several other nations. The introduction of the forint on August 1, 1946, played a pivotal role in stabilizing the Hungarian economy post-World War II.
Engraver: István Iván
Obverse
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Depicts the Széchenyi Chain Bridge surrounded by the country name (Hungarian People's Republic). MAGYAR |
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Reverse
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Depicts a wheat sheaf with laurel branches, the People's Republic coat of arms above divides value, the dates and the mintmark (BP.) below. 20 Ft |
Edge |
Depicts an abbreviation of the Hungarian State Mint (Magyar Állami Pénzverő) M . Á . P . V. |
20 Forint
People's Republic
10th Anniversary of the Forint
Széchenyi Chain Bridge
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KM# 553 Unger# 1579 Huszar# 2345 Adamo# EM5
10th Anniversary of the Forint
Széchenyi Chain Bridge