HUF/EUR: what to know
The HUF/EUR rate shows how much EUR you get for 1 HUF. Right now, 1 HUF buys 0.002761 EUR at the mid-market rate. In the other direction, 1 EUR is worth 362.1552 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while EUR responds to ECB policy and eurozone growth.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the HUF/EUR rate has ranged between 0.002499 and 0.002862 — a change of +9.75% 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.