HUF/JPY: what to know
The HUF/JPY rate shows how much JPY you get for 1 HUF. Right now, 1 HUF buys 0.5007 JPY at the mid-market rate. In the other direction, 1 JPY is worth 1.9970 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while JPY responds to Bank of Japan policy and global risk appetite.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”.
Over the past 12 months the HUF/JPY rate has ranged between 0.4382 and 0.5331 — a change of +13.43% 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.