TRY/HUF: what to know
The TRY/HUF rate shows how much HUF you get for 1 TRY. Right now, 1 TRY buys 6.5033 HUF at the mid-market rate. In the other direction, 1 HUF is worth 0.1538 TRY.
In the short term TRY is driven mainly by high inflation and central-bank policy, while HUF responds to Hungarian central-bank policy and regional sentiment.
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. 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 TRY/HUF rate has ranged between 6.4270 and 8.1326 — a change of -19.37% 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.