Hungary uses the forint (HUF, sometimes written Ft), not the euro, despite being an EU member. Getting the currency right is one of the most useful practical details for a trip.
Getting Cash
Bank ATMs generally give the fairest exchange rate. OTP Bank, K&H Bank, Erste and Raiffeisen are major domestic banks with ATMs across Budapest and other cities. Independent ATM operators, with Euronet the most common, tend to charge worse rates and higher fees. When an ATM or card terminal asks whether to charge you in forint or your home currency, choose forint and decline the conversion (“dynamic currency conversion”), which usually costs more.
Currency Exchange Offices
Exchange offices in tourist areas, particularly around Váci utca and the main squares, are a well-known trap. Advertised rates are often not the rate applied, and the real cost can be much worse than a bank ATM. If you must use one, confirm the exact amount you will receive before handing over cash, and ask for it in writing.
Cards and Contactless
Hungary is very card-friendly, and contactless payment is standard in most shops, restaurants and taxis. Carry some cash for small local restaurants, tips and rural areas.
Tipping
About 10 to 15 percent is customary in restaurants with table service. Check the bill first, because some places already add a service charge. A common local habit is to tell the server the total you want to pay, including the tip, when the bill is processed, rather than leaving cash on the table. Tipping is not expected at counter-service places, though rounding up is common.
What Things Cost
Prices change, so check current menus and fares. In general, the weekday set lunch is the best value, a beer or coffee at a local place is cheap by Western European standards, and restaurant mains and airport transfers cost more. Use the official taxi and ride-hailing apps and agree or check the fare before you start. For more, see our budget guide.
Related: Practical Info Hub | Tourist Traps and Scams | Plan Your Trip