The redemption deadline is approaching: billions are still lying with Hungarians from an old banknote
The deadline for exchanging the old 1000 forint banknotes issued in 1998 is August 31, 2027. These notes were withdrawn from circulation in 2007, and only the Hungarian National Bank can exchange them now. Many people still possess these banknotes, which lack a hologram and were issued before the 2018 version. The Hungarian National Bank confirmed that a significant amount of these notes remains unexchanged among the public.
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