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Hungarian Forint

Hungarian Forint Rates

For a live quote on the Czech Crown, simply fill in your details on the form above and an FSA-regulated currency expert will be in touch with a competitive quote.

 

Latest Hungarian Forint Rates

Please see our latest exchange rates page for the most up-to-date mid-market rate.

 

Recent Trading Range

In 2011, the Hungarian Forint traded between 293 to 363 against the Pound.

 

Latest Hungarian Forint Exchange Rate News

Please see our news section for the latest currency news affecting worldwide exchange rates. You can also visit our dedicated page on Money Transfers to Hungary, including timescales and information needed to make your transfer.

 

Overview - HUF

The Hungarian Forint is the currency used in Hungary and its ISO code is HUF. It is officially subdivided into 100 Fillér, but due to inflation and the low worth of the Forint the circulation of Fillér was abandoned in 1996. The name Forint comes from the Italian city of Florence where golden coins were minted from 1252 called Fiorino d’Oro. Hungary began using its own gold-based currency from 1325, which were called Florentinus.

 

The Forint in its current form has been the currency of Hungary since 1946. It remained relatively stable for several years post-war, but started to lose its purchasing power as the Hungarian state socialist economic system lost its competitiveness during the 1970s and 1980s. After democratic change in 1989-90, there was hyper inflation for around 3 years, before significant economic reforms helped restabilise it.

 

As part of Hungary’s integration into the European Union, it is expected the Forint will be replaced by the Euro, although this depends on the economic situation, and is unlikely to happen before 2020.