Hungary, located in Central Europe, has a long history as a major kingdom in the region and formed part of the Austro-Hungarian Empire from 1867 until its collapse in 1918. It became an independent republic after World War I, later experienced monarchy without a monarch, fascist and communist rule, and emerged as a democratic republic in 1989.
Hungary has produced a rich and highly regarded range of postage stamps since issuing its first independent stamps in 1871. Early issues featured the Hungarian coat of arms and national symbols, while later stamps celebrated kings, historical figures, architecture, culture, science, and important national events. Hungarian stamps are particularly admired for their detailed engraving and sophisticated graphic design.
The country used the Austro-Hungarian krone before adopting the Hungarian korona, pengő, forint, and other transitional currencies during the 20th century. Its philatelic history closely follows Hungary's turbulent political and economic transformation from an imperial partner to an independent modern state.