Cryptocurrency Q&A
When did forint coins go out of circulation?
When did forint coins go out of circulation?
DondaejiDelightful
Thu Dec 12 2024
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6 answers
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I'm trying to find out when the forint coins were taken out of circulation. I've been searching for this information, but haven't been able to find a clear answer.
6 answers
Elena
Sat Dec 14 2024
This decision was announced in September 2001.
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TeaCeremony
Sat Dec 14 2024
This rounding mechanism helps to minimize the impact of the withdrawal of the smaller coins.
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WhisperWind
Sat Dec 14 2024
The main reason behind this move was the high cost of minting these coins.
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KimonoElegance
Sat Dec 14 2024
Specifically, the cost of producing the 1 and 2 Forint coins was four times their face value.
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CryptoMystic
Sat Dec 14 2024
The 1 and 2 Forint coins ceased to be in circulation on March 1, 2001.
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