HUF/RON: what to know
The HUF/RON rate shows how much RON you get for 1 HUF. Right now, 1 HUF buys 0.0144 RON at the mid-market rate. In the other direction, 1 RON is worth 69.2247 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while RON responds to regional sentiment and euro moves.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Romanian Leu (RON) is issued by National Bank of Romania. “Leu” means “lion”.
Over the past 12 months the HUF/RON rate has ranged between 0.0129 and 0.0150 — a change of +10.77% 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.