HUF/NOK: what to know
The HUF/NOK rate shows how much NOK you get for 1 HUF. Right now, 1 HUF buys 0.0297 NOK at the mid-market rate. In the other direction, 1 NOK is worth 33.6247 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while NOK responds to oil and gas prices.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Norwegian Krone (NOK) is issued by Norges Bank. “Krone” means “crown”.
Over the past 12 months the HUF/NOK rate has ranged between 0.0279 and 0.0320 — a change of -0.56% 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.