KRW/HUF: what to know
The KRW/HUF rate shows how much HUF you get for 1 KRW. Right now, 1 KRW buys 0.2337 HUF at the mid-market rate. In the other direction, 1 HUF is worth 4.2797 KRW.
In the short term KRW is driven mainly by tech exports and global risk appetite, while HUF responds to Hungarian central-bank policy and regional sentiment.
The South Korean Won (KRW) is issued by Bank of Korea. “Won” shares a root with yen and yuan, meaning “round”. 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 KRW/HUF rate has ranged between 0.1974 and 0.2390 — a change of -2.33% 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.