HUF/TRY: what to know
The HUF/TRY rate shows how much TRY you get for 1 HUF. Right now, 1 HUF buys 0.1551 TRY at the mid-market rate. In the other direction, 1 TRY is worth 6.4457 HUF.
In the short term HUF is driven mainly by Hungarian central-bank policy and regional sentiment, while TRY responds to high inflation and central-bank policy.
The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence. The Turkish Lira (TRY) is issued by Central Bank of Türkiye. In 2005 Türkiye removed six zeros: 1,000,000 old lira became 1 new lira.
Over the past 12 months the HUF/TRY rate has ranged between 0.1230 and 0.1556 — a change of +24.02% 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.