About this pair
CNH/HUF: what to know
The CNH/HUF rate shows how much HUF you get for 1 CNH. Right now, 1 CNH buys 46.7651 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.0214 CNH.
In the short term CNH is driven mainly by sentiment toward China and offshore flows, while HUF responds to Hungarian central-bank policy and regional sentiment.
CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
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.