Archduke Károly Franz József was born on February 12, 1768 in Florence, the capital of the Grand Duchy of Tuscany. His father is the Tuscan grand duke Lipót of the House of Habsburg-Lorraine, the later II. Lipót (1747–1792), Holy Roman Emperor, King of Hungary and Bohemia, his mother was the Spanish princess Mária Ludovika (María Luisa de España, 1745–1792) from the House of Bourbon. He was born as the second and oldest son of the royal couple's 16 children. At the age of 24, he inherited from his father the title of Austrian ruler, Archduke, and then German-Roman Emperor. He occupied the Hungarian royal throne on March 1, 1792, and was crowned on June 6, 1792 in Buda. He was crowned German-Roman Emperor on July 14, 1792 in Frankfurt am Main, and Czech King on August 9, 1792 in Prague. After his accession to the throne, he began the armed intervention against revolutionary France that his father had already planned. As an enemy of progress and enlightenment, he built a strong police rule and an intelligence system, his rule was called Franciscan, or cabinet absolutism, distinguishing it from the feudalism of Leopold I, and the Mária Theresia - II. From József's enlightened absolutism. In 1795, he liquidated the Hungarian Jacobin movement and executed the leaders. In 1804, he established the hereditary Austrian imperial title and became Emperor of Austria under the name Franz I. After several defeats in the war against France and the loss of significant territories (Italian possessions, parts of southern Germany), he was forced to renounce the title of German-Roman Emperor on August 6, 1806. In 1810, he gave his daughter, the 19-year-old Archduchess Mária Lujza, to Napoleon. In 1811, he carried out a currency devaluation, which increased the opposition of the Hungarian orders. After the fall of Napoleon, the House of Habsburg regained its lost possessions at the Congress of Vienna in 1814-15. In September 1815, with the Russian Tsar Alexander I and III. He established the Holy Alliance with King William of Prussia to suppress revolutionary movements and consolidate the reactionary feudal system. In 1820-21, Austria intervened against the revolutions in Naples and Piedmont. In the first years of Francis' reign, extremely important laws were passed regarding the internal affairs of the Kingdom of Hungary. Francis 1835 .died in Schönbrunn on March 2, a few weeks after his 67th birthday. From the second of his four marriages (which he concluded in 1790 with his niece, Mária Theresia Karolina, royal princess of Naples and Sicily), his eldest son, Ferdinand I, succeeded him on the Austrian imperial throne, as well as on the Hungarian and Czech royal thrones. He was buried in the traditional burial place of the Habsburgs, in the crypt of the Capuchin church in Vienna.

II. Ferenc (1784-1835) was Austrian emperor and Hungarian king, ruler of the Habsburg Monarchy. During his reign, several changes and developments took place in the field of coinage. In 1792, the Napoleonic Wars began, but the monetary system was stable. A silver-based conventional forint system is in effect, 1 krajcár and its fractional parts are copper coins. Paper money (banknotes) was stable and convertible until 1797. The war took an increasingly toll on the economy. The most popular 3 and 6 kraj coins are minted in copper instead of silver, the banknotes were inflated. As a result of the war, the state went bankrupt. Paper forints and copper coins are devalued by a fifth, banknotes are replaced by bills of exchange, with which the Vienna currency (WW) is introduced. Paper money continued to inflate. II. During the reign of Francis, the dual currency system is officially recognized. The conventional and the Vienna currency live side by side, with a stable exchange rate of 100:250 since 1819. Afterwards, peaceful economic development with a stable monetary system was typical. II. In the last five years of Ferenc's reign, coins with the image of the Madonna began to be minted again in the Hungarian version, from ducats to tallers, forints and twenties.