HUF/MYR: what to know
The HUF/MYR rate shows how much MYR you get for 1 HUF. Right now, 1 HUF buys 0.0130 MYR at the mid-market rate. In the other direction, 1 MYR is worth 77.0165 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while MYR responds to commodity prices and regional demand.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Malaysian Ringgit (MYR) is issued by Bank Negara Malaysia. “Ringgit” means “jagged”, after the milled edges of old Spanish silver dollars.
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.