JPY/HUF: what to know
The JPY/HUF rate shows how much HUF you get for 1 JPY. Right now, 1 JPY buys 2.0010 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.4997 JPY.
In the short term JPY is driven mainly by Bank of Japan policy and global risk appetite, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Japanese Yen (JPY) is issued by Bank of Japan. “Yen” literally means “round object”. The Hungarian Forint (HUF) is issued by Hungarian National Bank. The forint is named after the gold florin of Florence.
Over the past 12 months the JPY/HUF rate has ranged between 1.8760 and 2.2819 — a change of -11.84% 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.