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Banknote Reproduction and Coin Reproduction Decrees

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Money reproductions (banknote or coin reproduction) include all tangible or intangible (virtual) representations that are suitable of giving resemblance of a forint banknote or coin, irrespective of the size, material, colour and the graphic elements displayed thereon. Based on Article 26 (1)-(2) of Act CXXXIX of 2013 on the Magyar Nemzeti Bank, reproductions of banknotes and coins (including the commemorative banknote and commemorative coin) that are in circulation or withdrawn from circulation but still exchangeable to legal tender may only be produced in accordance with the provisions of the relevant decree issued by the Governor of MNB.

The detailed rules of reproduction are defined in respect of the banknotes by MNB Decree 2/2010 (I.28.), in respect of the coins by MNB Decree 7/2021. (II. 25.).

In order to protect the commemorative coins and circulation coins issued by the MNB, and to suppress the practices suitable for misleading the consumers with effect of 1 November 2014 the MNB has tightened the rules on coin reproductions. On 1 April 2021, a new MNB decree on reproduction of forint and euro coins entered into force (MNB Decree 7/2021. (II. 25.).

The MNB decrees related to the reproductions specify the requirements that the banknote and coin reproductions must satisfy in order to be eligible for reproduction without MNB's authorisation. For more information about the reproductions not requiring authorisation see >>>> and >>>> .

Banknote and coin reproductions not satisfying the requirements applicable to reproductions that can be produced freely shall be subject to MNB's authorisation. The authorisation procedure is free of charge; applications must be sent to MNB's central mail address on the application form specified in the annex to the MNB decrees. For more information about the authorisation procedure see >>>>

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