Mátyás I. (Hunyadi), also known as Mátyás the Provider of Justice or Mátyás Corvin, was born on February 23, 1443 in Cluj and died on April 6, 1490 in Vienna. His father was János Hunyadi, the governor of Hungary, his mother was Erzsébet Szilágyi, the daughter of a Hungarian noble family. Mátyás was king of Hungary and Croatia from 1458, king of Bohemia from 1469, and archduke of Austria from 1487. During his reign, he led significant campaigns and boosted the country's economy. Mátyás, who did not come to the throne by right of inheritance, must have had a particularly great need for a regular coronation in order to strengthen his legitimacy and social acceptance. Despite this, it was only three quarters of a year after regaining the crown, on March 29, 1464, that he did so in Székesfehérvár. At the same time, he announced a national assembly in the coronation city. The main goals of Mátyás' domestic political activities in the first period of his reign were to strengthen his own power, then to increase treasury revenues, and finally to ensure the succession of János Corvin to the throne. Regarding the noble ruling class, including the lords, this policy was primarily about the almost continuous redistribution of positions of power and the accompanying estates. Mátyás also paid attention to the situation of the wider common people, the urban bourgeoisie, and even the peasantry. He did not give in to the pressure of the tax press, but during his tours of the country he tried to remedy the glaring injustices committed by the lords, later this activity became the real seed of the legends about the "righteous King Matthias". The king also introduced reforms in the field of justice. It eliminated the unnecessary duality of the royal "special" and "personal" attendance courts. Mátyás was outstanding not only as a ruler, but also as a general. He was well versed in foreign policy, and knowledgeable in ancient and contemporary military literature. Through his diplomatic and intelligence network, he learned about the plans of his adversaries. Mátyás's family, in accordance with the noble customs of the time, made marriage plans for him already in his childhood. In 1455, János Hunyadi agreed with Ulrik Cillei that Mátyás would marry his daughter Erzsébet Cillei. However, since the bride died suddenly in 1455, the marriage could not take place. While Mátyás was in captivity, at the beginning of 1458, his uncle Mihály Szilágyi agreed with László Garai that Mátyás would marry Garai's daughter Anna. Later it turned out that Mátyás, on the other hand, agreed with György Podjebrád in Prague that he would marry his daughter Katalin in return for his release. This marriage took place on May 1, 1463, but Katalin died in childbirth already in the spring of 1464, at the age of 15. In October 1474, during the war with the Czechs and Poles, the king received the good news that King Ferdinand I of Naples is willing to marry Beatrix's daughter. Beatrix of Aragon was considered a very noble princess, considering both her Castilian and Aragonese ancestors. It soon became clear, however, that Beatrix could not have children, that is, Mátyás Hunyadi's plans to establish a dynasty were threatened with failure, he could not have a legitimate successor. From then on, the king wanted to ensure the succession of his son János Corvin, who was born out of wedlock, by all means. From 1486 onwards, Mátyás had been ill a lot, due to a stroke and severe gout, he could hardly leave his room, and sometimes carried himself on a stretcher. The king fell ill on April 4, 1490, and died on April 6, after two days of suffering. He was buried in the Basilica of Saint István in Székesfehérvár.

During the reign of Mátyás Hunyadi, starting in 1470, the minting of the first coins with Mátyás's name began on the decision of the parliament, which elected the young king. This marked the beginning of the minting of coins with the name of Mátyás, which can be divided into two major stages, the era of annual coinage and the era of permanent money. To make them easily distinguishable from each other, the medal image was changed every year and provided with different coats of arms. These so-called heraldic silver coins were minted between 1458 and 1467. After that, a huge reform took place in the field of Hungarian silver coinage, as a result of which Mátyás stabilized the Hungarian denarius currency for a long time. It was then that the so-called madonna coins appeared, which were coins with a permanent coin image and did not have to be redeemed every year, but remained in circulation for a long time. New coins were minted only when they were needed to make up for and supplement the lack of money in circulation. The permanent coinage continued until the end of Matthias's reign. During this period, silver coins were minted in three currencies: each denarius had an obule and a garasa. The essence of the reform was that Mátyás took the moneta maiort, the famous Sigismund-era silver coin, as a model, and minted valuable, high-quality silver coins. He eliminated the currency deterioration, and silver coins of a constant value were minted in all the country's mints, the exchange rate of which became 1 gold forint = 100 denars. They also minted the heavier silver coin, the garas, of which twenty pieces were sold for one gold forint. Mátyás' monetary reform stabilized monetary value relations for more than fifty years and consolidated the gold forint-denar exchange rate.