Hungarian Forint in Syrian Pound

HUF Hungarian Forint

Country of application:
Hungary

Coin denominations in circulation:
5, 10, 20, 50, 100, 200 forints.

Denominations of banknotes in circulation:
500, 1,000, 2,000, 5,000, 10,000, 20,000 forints.

History reference:
The state monetary unit of Hungary is the Hungarian Forint (Hungarian Forint, international code - HUF). Used since 1946, before that the pengő was used as the Hungarian currency, which could not sur...vive the largest hyperinflation in history. Previously, forints had small change coins - fillers, but now they are out of circulation. When the Hungarian National Bank first issued the new currency, banknotes denoting 10 and 100 forints entered circulation. Each forint was subdivided into 100 fillers. Until 1991, following the inflationary processes, the National Bank expanded the available set of banknotes by issuing banknotes with a higher denomination. Later, it was decided to revise the design of the currency, and since 2001, on each banknote, on the one hand, a Hungarian statesman is depicted, and on the other, an event associated with his activities. It should be noted that there are no watermarks on the forints. Protection against counterfeiters is provided, first of all, by a holographic strip.

SYP Syrian Pound

Country of application:
Syria

Coin denominations in circulation:
5, 10, 25, 50 lbs.

Denominations of banknotes in circulation:
10, 100, 200, 500, 1000, 2000 lbs.

History reference:
The Syrian pound, sometimes the currency of Syria, is issued by the Central Bank of Syria. In 1920, the Syrian Arab Kingdom was created, but the independent state was only a few months old, after whi...ch its territory was occupied by the French army. In this regard, the Egyptian pound was replaced by the Syrian pound, which was pegged to the French franc at a ratio of 1:20 (1 franc to 20 Syrian pounds). In 1926, the French mandated territory was divided into Lebanon and Syria and the Bank of Syria was renamed the Bank of Syria and Lebanon. It is interesting that the Syrian 10 pounds coin in terms of its characteristics and size completely coincides with the 20 Norwegian kroner coin.