HUF/KRW: what to know
The HUF/KRW rate shows how much KRW you get for 1 HUF. Right now, 1 HUF buys 4.2797 KRW at the mid-market rate. In the other direction, 1 KRW is worth 0.2337 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while KRW responds to tech exports 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 South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”.
Over the past 12 months the HUF/KRW rate has ranged between 4.1847 and 5.0647 — a change of +2.38% 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.