HUF/CHF: what to know
The HUF/CHF rate shows how much CHF you get for 1 HUF. Right now, 1 HUF buys 0.002589 CHF at the mid-market rate. In the other direction, 1 CHF is worth 386.3091 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while CHF responds to safe-haven demand and SNB policy.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Swiss Franc (CHF) is issued by Swiss National Bank (SNB). In uncertain times investors park money in the franc to preserve value.
Over the past 12 months the HUF/CHF rate has ranged between 0.002273 and 0.002636 — a change of +8.48% 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.