Denier - Andrew II

Andrew II's reign was defined less by monetary policy than by the catastrophic giveaway of royal assets — his decades-long alienation of crown lands and revenues to magnates earned him the epithet "Andrew the Jerusalemite" from admirers, but left the treasury perpetually strained. The 1222 Golden Bull, Hungary's foundational constitutional document, was in part a direct consequence of this fiscal erosion, forced upon him by nobles who had watched royal authority hollow itself out coin by coin.

Deniers of this period circulated across a kingdom that briefly extended its ambitions into Galicia and the Crusader states, Andrew having led the Fifth Crusade's Hungarian contingent in 1217.