50,000 forint – 100th Anniversary of the Foundation of the Independent Central Bank

On the Hungarian Sports Day, the Magyar Nemzeti Bank will issue a silver collector coin with a face value of 15,000 forints and its non-ferrous metal version with a denomination of 3,000 forints, named ‘XXXIII. Nyári Olimpiai és XVII. Nyári Paralimpiai Játékok’ (XXXIII Summer Olympic Games and XVII Paralympic Games) to mark the occasion of the world’s most significant sporting event. The MNB has been issuing collector coins in connection with the five-ring games since 1980, but on recent occasions has issued ‘joint’ commemorative coins featuring both the Olympics and the Paralympics. This year’s collector coin, made in part to celebrate the achievements of Hungarian sportsmen and sportswomen, was designed by applied artist Zoltán Endrődy. In 2024, Paris will host the XXXIII Olympiad and the XVII Paralympic Games. The French capital is the second city to host the Summer Olympics for the third time and the Summer Paralympics for the first time. During the 128-year history of the modern Summer Olympics, the Hungarian Olympic Team has won a total of 525 medals, including 184 gold medals, thereby occupying the distinguished 8th place on the all-time Olympic Games medal tally. At the XXXIII Summer Olympic Games, 10,500 athletes from over 200 countries will compete in a total of 329 events in 32 sports. The Hungarian team is expected to be represented by around 190 athletes at the Paris Games. Similar to the Tokyo Paralympics, the best athletes will compete in 22 sports for medals in Paris, although in 549 events this time. So far, Hungarian para-athletes have won 160 medals at the Paralympic Games. Based on preliminary surveys, Hungary hopes to ‘achieve its all-time best results with its all-time largest team’, a team of over 50 athletes. The primary role of the collector coins named ‘XXXIII. Nyári Olimpiai és XVII. Nyári Paralimpiai Játékok’ is to transfer value and draw attention to excellent sports achievements. Their use in everyday payment transactions should be avoided. The face value displayed on the collector coins is meant to preserve their collector’s value. The silver and the non-ferrous metal versions will be issued with the same coin design. Only their denominations will be different. In the spirit of equality, integration and inclusion, the central bank wishes to convey the message of ‘united team – one country’.