" The primary objective of the MNB shall be to achieve and maintain price stability. Without prejudice to its primary objective, the MNB shall support the economic policy of the Government using the monetary policy instruments at its disposal. "

Official devaluations of the forint, 1990-2003

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31 January 1990
1.0%
6 February 1990
2.0%
20 February 1990
2.0%
7 January 1991
15.0%
8 November 1991
5.8%
16 March 1992
1.9%
24 June 1992
1.6%
9 November 1992
1.9%
12 February 1993
1.9%
26 March 1993 2
.9%
7 June 1993
1.9%
9 July 1993
3.0%
29 September 1993
4.5%
3 January 1994
1.0%
16 February 1994
2.6%
13 May 1994
1.0%
10 June 1994
1.2%
5 August 1994
8.0%
11 October 1994
1.1%
29 November 1994
1.0%
3 January 1995
1.4%
14 February 1995
2.0%
13 March 1995
9.0%
16 March 1995–
1.9% (rate of daily devaluation: 0.060%)
29 June 1995–
1.3% (rate of daily devaluation: 0.042%)
2 January 1996–
1.2% (rate of daily devaluation: 0.040%)
1 January 1997–
1.2% (rate of daily devaluation: 0.040%)
1 April 1997–
1.1% (rate of daily devaluation: 0.036%)
15 August 1997–
1.0% (rate of daily devaluation: 0.033%)
1 January 1998–
0.9% (rate of daily devaluation: 0.030%)
15 June 1998–
0.8% (rate of daily devaluation: 0.026%)
1 October 1998–
0.7% (rate of daily devaluation: 0.023%)
1 January 1999–
0.6% (rate of daily devaluation: 0.020%)
1 July 1999–
0.5% (rate of daily devaluation: 0.0163%)
1 October 1999–
0.4% (rate of daily devaluation: 0.0133%)
1 April 2000–
0.3% (rate of daily devaluation: 0.0098%)
1 April 2001–
0.2% (rate of daily devaluation: 0.00654%)
1 October 2001–
No devaluation

4 June 2003- Shift of the central parity of the forint by 2.26%, with

the currency's ±15% intervention band remaining unchanged

 
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