HUF/NZD: what to know
The HUF/NZD rate shows how much NZD you get for 1 HUF. Right now, 1 HUF buys 0.00548922 NZD at the mid-market rate. In the other direction, 1 NZD is worth 182.1753 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while NZD responds to soft-commodity prices and risk appetite.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The New Zealand Dollar (NZD) is issued by Reserve Bank of New Zealand. The New Zealand dollar is nicknamed the “Kiwi”, after the bird on the $1 coin.
Over the past 12 months the HUF/NZD rate has ranged between 0.00493528 and 0.00571276 — a change of +8.22% 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.