
Planning a trip to Budapest? Save money and hassle with these essential currency exchange tips. First up, avoid airport and train station exchange booths as they typically have the worst rates. Instead, head into the city and use local Hungarian banks like OTP or MKB for better rates and minimal fees. ATMs are convenient, but beware of high fees at non-bank ATMs, especially Euronet machines, which are notorious for poor exchange rates and hidden charges. Always opt to be charged in Hungarian Forint (HUF) rather than your home currency to avoid extra costs.
When it comes to handling your money in Budapest, using credit cards is convenient as most places accept them. However, keep some cash in Forints for smaller shops or markets. Be cautious with your money, especially when withdrawing large amounts or exchanging money at less reputable places. For the best experience, always stay informed about current exchange rates and choose your exchange locations wisely.
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