CAD/HUF: what to know
The CAD/HUF rate shows how much HUF you get for 1 CAD. Right now, 1 CAD buys 225.9951 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.00442488 CAD.
In the short term CAD is driven mainly by oil prices and the US economy, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Canadian Dollar (CAD) is issued by Bank of Canada. The C$1 coin is the “loonie” (after the loon bird) and the C$2 is the “toonie”. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
Over the past 12 months the CAD/HUF rate has ranged between 215.0184 and 252.7931 — a change of -5.15% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.