HUNGARY
March 7th, 2010 | 
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The Republic of Hungary, located in central Europe, has an area of 35,929 sq. mi. (93,030 sq. km.) and a population of 10.7 million. Capital: Budapest. The economy is based on agriculture, bauxite and a rapidly expanding industrial sector. Machinery, chemicals, iron and steel, and fruits and vegetables are exported.
The ancient kingdom of Hungary, founded by the Magyars in the 9th century, achieved its greatest extension in the mid-14th century when its dominions touched the Baltic, Black and Mediterranean Seas.After suffering repeated Turkish invasions, Hungary accepted Habsburg rule to escape Turkish occupation, regaining independence in 1867 with the Emperor of Austria as king of a dual Austro-Hungarian monarchy.
After World War I, Hungary lost 2/3 of its territory and 1/2 of its population and underwent a period of drastic political revision. The short-lived republic of 1918 was followed by a chaotic interval of communist rule, 1919, and the restoration of the monarchy in 1920 with Admiral Horthy as regent of the kingdom. Although a German ally in World War II, Hungary was occupied by German troops who imposed a pro-Nazi dictatorship, 1944. Soviet armies drove out the Germans in 1945 and assisted the communist minority in seizing power. A revised constitution published on Aug. 20, 1949, established Hungary as a People's Republic' of the Soviet type. On October 23, 1989, Hungary was pro-claimed the Republic of Hungary.
RULERS
Franz Joseph I, 1848-1916
Karl I, 1916-1918
MINT MARKS
B, K, KB – Kremnitz (Kormoczbanya)
BP – Budapest
MONETARY SYSTEM
1892-1925
100 Filler = 1 Korona
1926-1945
100 Filler = 1 Pengo
Commencing 1946
100 Filler = 1 Forint
NOTE: Many coins of Hungary through 1948, especially 1925-1945, have been restruck in recent times. These may be identified by a rosette in the vicinity of the mintmark. Restrike mintages for KM#440-449, 451-458, 468-469,475-477, 480-483, 494, 496-498 are usually about 1000 pieces, later date mintages are not known.
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