Catalog
20 000 Forint
| Issuer | Magyar Nemzeti Bank (Hungarian National Bank) |
|---|---|
| Year | 2015-2024 |
| Type | Standard circulation banknote |
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| Obverse description | Intaglio-printed portrait of Ferenc Deák at right, set against a pale guilloche underprint with the large numeral "20000" in blue-grey at upper left and centre. The Hungarian coat of arms appears as a vignette at lower left, flanked by the issuer inscription "MAGYAR NEMZETI BANK" along the lower margin and the denomination "HÚSZEZER FORINT" in bold letterpress. Date and place of issue "BUDAPEST 2015" appear beneath the facsimile signatures at centre. |
|---|---|
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| Protection description | Portrait of Ferenc Deák with the denomination '20000' below; embedded security thread; holographic foil element. |
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| Comments |
The 20,000 forint is the highest denomination in regular Hungarian circulation, introduced as part of the 2014–2015 series update that brought significant security upgrades across the forint range. Magyar Pénzjegynyomda has printed Hungarian currency continuously since 1926 — the 1923 founding date marks the company's establishment, with production beginning a few years later — making this one of relatively few countries whose central bank notes are entirely designed, engraved, and printed domestically at a single facility.
Vagyóczky's intaglio engraving on the obverse is worth noting: Hungarian banknote engraving remains one of the few active traditions of hand-engraved intaglio in European central bank production.