New 500-forint bills will be put into circulation in Hungary on 1 February 2019, and the old banknotes may be used for payment until 31 October next year, the central bank(MNB) announced on Monday.

The 500-forint notes will remain an official means of payment until 31 October 2019, after which the MNB will have them withdrawn from circulation, and only the new 500-forintbills may be used for payment after that.

The central bank started to replace banknotes in 2014. The previous series was issued in 1997. Each of the new banknotes depicts the same persons and locations on their obverseand the reverse, respectively. Only the placement and size of the texts were changed besides the colours. The new banknotes also have additional security features which makes iteven more difficult to forge them.

We have collected the old (left) and new (right) bank notes, both the obverses and reverses. We believe the pictures speak for themselves and clearly prove speculation wrongthat the two series are easy to mix up.

To read the complete article, see:
Here comes Hungary's new 500-forint banknote(http://www.portfolio.hu/en/economy/here-comes-hungarys-new-500-forint-banknote.38115.html)

Dave writes: