COP/HUF: what to know
The COP/HUF rate shows how much HUF you get for 1 COP. Right now, 1 COP buys 0.1016 HUF at the mid-market rate. In the other direction, 1 HUF is worth 9.8463 COP.
In the short term COP is driven mainly by oil and commodity prices, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Colombian Peso (COP) is issued by Banco de la República. The 50,000-peso note features the writer Gabriel García Márquez. 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.