500forint

The 500 forint is the highest denomination banknote currently in circulation in Hungary. It was first introduced in 1946, and has undergone several redesigns since then. The current design features a portrait of King Matthias Corvinus on the obverse and a scene from the Castle of Vajdahunyad on the reverse. The banknote is printed on cotton paper and has several security features, including a watermark, a security thread, and a holographic strip. The 500 forint banknote is a common sight in Hungary and is used for a wide variety of transactions. It is important to note that while the 500 forint is the highest denomination banknote, there are also coins in circulation with higher values, such as the 200 forint coin. The design and security features of the banknote are regularly updated to prevent counterfeiting. The National Bank of Hungary is responsible for the issuance and management of all Hungarian currency.