HUF/HKD: what to know
The HUF/HKD rate shows how much HKD you get for 1 HUF. Right now, 1 HUF buys 0.0250 HKD at the mid-market rate. In the other direction, 1 HKD is worth 39.9430 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while HKD responds to its peg to the US dollar.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Hong Kong Dollar (HKD) is issued by Hong Kong Monetary Authority. Most banknotes are issued by three commercial banks, not a central bank.
Over the past 12 months the HUF/HKD rate has ranged between 0.0228 and 0.0260 — a change of +6.18% 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.