Hungary announces redesigned 500-forint note

The Central Bank of Hungary is replacing all issued banknotes. The new banknotes will get an updated design, new security features and the printing process will be made more cost efficient. The new banknotes are expected to last for another 20 years.

The last banknote to be changed will be the 500-forint note. The general public will be able to use upgraded 500 forint notes from 1 February 2019 though the new note will be legal tender from 4 July 2018. Yes, that sounds a bit weird...