The Hungarian forint (HUF) is the official currency of Hungary. It was introduced in 1946, replacing the pengő, and is subdivided into 100 fillér, although fillér coins are no longer in circulation. The forint is symbolized by "Ft" and is used for everyday transactions in the country. The forint's value fluctuates against other currencies, influenced by economic factors such as inflation and interest rates. The National Bank of Hungary manages the currency and implements monetary policy to maintain stability. The forint plays a crucial role in Hungary's economy and international trade.