1. Better Exchange Rates: When exchanging currency, you will likely get better exchange rates for Forints compared to USD. This is because the Forint is the local currency, and the exchange rates are often more favourable.
2. Wider Acceptance: While Euros are widely accepted in Hungary, Forints are more universally accepted, especially in smaller shops, local markets, and public transportation. You may encounter difficulties using USD in some places, as it is less common.
3. Convenience: Using the local currency eliminates the need for constant currency conversions. You can avoid confusion, potential calculation errors, and the inconvenience of having to check exchange rates every time you make a purchase.
4. Potential Fees: Some credit cards and banks charge foreign transaction fees when using your card abroad. Using Forints can help minimise or eliminate these fees, as you are using the local currency.
5. Tipping and Local Transactions: When tipping in Hungary, it's customary to give in Forints. It is considered more appropriate and shows appreciation for the service received. Additionally, paying in local currency is often appreciated by locals, as it contributes to the local economy.
While having some Euros or USD on hand as backup is always advisable when travelling abroad, it is generally recommended to use Forints in Hungary for convenience and cost-effectiveness.
