The yuan ( yoo-A(H)N; sign: ¥; Chinese: 圓/元; pinyin: yuán; [ɥæ̌n] ) is the base unit of a number of former and present-day currencies throughout China.
A yuan (Chinese: 圓/元; pinyin: yuán) is also known colloquially as a kuai (simplified Chinese: 块; traditional Chinese: 塊; pinyin: kuài; lit. 'lump'; originally a lump of silver). One yuan is divided into 10 jiao (Chinese: 角; pinyin: jiǎo; lit. 'corner') or colloquially mao (Chinese: 毛; pinyin: máo; lit. 'feather'). One jiao is divided into 10 fen (Chinese: 分; pinyin: fēn; lit. 'small portion').
Hungarian Forint
The forint (Hungarian pronunciation: [ˈforint] , sign Ft; code HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilisation of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Between 2001 and 2022, inflation was in single digits, and the forint has been declared fully convertible. In May 2022, inflation reached 10.7% amid the Russian invasion of Ukraine and economic uncertainty. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, although under the current government there is no target date for adopting the euro.
