MXN/HUF: what to know
The MXN/HUF rate shows how much HUF you get for 1 MXN. Right now, 1 MXN buys 18.4649 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.0542 MXN.
In the short term MXN is driven mainly by the US economy and capital flows, while HUF responds to Hungarian central-bank policy and regional sentiment.
The Mexican Peso (MXN) is issued by Bank of Mexico. The Spanish-colonial peso and its “$” sign influenced the US dollar symbol. 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 MXN/HUF rate has ranged between 17.4852 and 19.2620 — a change of +2.93% 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.