The Hungarian National Bank was established in 1924, but the Hungarian Forint, which the bank was authorized to print, was introduced to the world in 1946. The main purpose of the bank is to manage monetary policies, to ensure price stability, to provide money supply, to determine official exchange rates and to manage foreign exchange and gold reserves. The short name of the bank is MBB. The abbreviation of the currency is recognized in the markets as HUF.
