About this pair
HUF/CNH: what to know
The HUF/CNH rate shows how much CNH you get for 1 HUF. Right now, 1 HUF buys 0.0214 CNH at the mid-market rate. In the other direction, 1 CNH is worth 46.7170 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while CNH responds to sentiment toward China and offshore flows.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. CNH is the “offshore” version of the Chinese yuan, traded mainly in Hong Kong — hence the “H”.
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.