Hungary’s official currency is the Hungarian Forint (HUF). While credit cards are widely accepted in most restaurants, hotels, and larger stores, it’s a good idea to carry some cash for smaller shops, street markets, and certain cafes.
If you need to exchange currency, avoid exchange offices at the airport or around major tourist attractions, as they tend to have higher fees or less favorable rates. Instead, look for reputable exchange offices in the city center or use ATMs, which often provide better rates. Many visitors find that withdrawing local currency directly from an ATM using their credit or debit card is the most convenient and economical way to get Hungarian Forints. Just ensure your bank doesn’t charge exorbitant international withdrawal fees.
Additionally, it’s important to note that tipping in Budapest is customary. In restaurants, a 10-15% tip is usually added to the bill unless explicitly stated otherwise. For taxis and other services, rounding up the fare is appreciated.