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pound sterling exchange uk or Budapest?

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morpeth...
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124 posts
30 reviews
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pound sterling exchange uk or Budapest?

Hi guys

Hope you are all doing fine and hope you can help us. We are coming to Budapest next month and wonder if we are better getting our currency over there or in the UK?

if anyone can tell us the current rate in the banks over there this would help. Should we bring pound notes or Euro's?

Thanks and any help will be much appreciated.

Budapest
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353 posts
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1. Re: pound sterling exchange uk or Budapest?

You'll find that the exchange rates buying Forints here are much better than in the UK.

Here's the link to the the big bank chain, OTP, exchange rates:

https:/…CashandFX

Right now it is almost 315HUF/1GBP.

Depending on how you arrive you could take a chance and not arrive with any Forints and just go to an ATM right away to pay for your transport. If you are unsuccessful or your bank card doesn't work here (do a search of this forum to learn from others to determine if your card will work) have enough cash to get by. Most places do not accept foreign currency, and if they do, it is the Euro and not at a favorable exchange rate.

nyc, usa
Destination Expert
for Budapest
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7,611 posts
9 reviews
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2. Re: pound sterling exchange uk or Budapest?

I agree that exchange rates tend to be considerably better in Budapest than in the UK (assuming you can find Forint somewhere in the UK), but the OTP link is perhaps not the best way to scope that out, and using that chart the correct current value for 1 GBP bought by OTP for Forint would be about 304 Forint. A better deal can be found at an exchange bureau, and Northline (http://northline.hu) is currently quoting about 307 Forint/GBP. Compare that to the best bottom line you can find in the UK.

morpeth...
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124 posts
30 reviews
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3. Re: pound sterling exchange uk or Budapest?

Thanks guys

I have bought £200 worth of currency over here as i arrive on Saturday morning and it will last until the weekend. got a worse rate than you have detailed in your emails so i will get the rest when we are over there.

Thank you for your valued information and it is trippies like you that make our holidays so much easier. coming over on the 23rd April and cant wait to find out what your country has in store for us.

Much appreciated Dave and Perla

4. Re: pound sterling exchange uk or Budapest?

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