Hungarian Forint (HUF)
The Hungarian forint is the currency of Hungary and floats freely. The Magyar Nemzeti Bank sets policy and is closely watched for its tone on inflation.
The latest available mid-market reference is 1 HUF = 0.003044 USD. The table below shows the same rate against the other major currencies.
Key facts
Structural details reviewed . Regimes and issuing arrangements can change.
The role of the Hungarian Forint
Hungary is a major exporter of cars, batteries and electronics to the European Union. The forint is used mainly in domestic and regional trade and is sensitive to energy imports.
A short history
The forint was introduced in 1946 after the pengo hyperinflation. Hungary floats the currency and has not adopted the euro.
What moves the Hungarian Forint
Magyar Nemzeti Bank policy, EU funds, energy imports and risk appetite in central Europe.
Live HUF exchange rate
| Currency | 1 HUF equals |
|---|---|
| US Dollar (USD) | 0.003044 |
| Euro (EUR) | 0.002739 |
| British Pound (GBP) | 0.00229 |
| Japanese Yen (JPY) | 0.4856 |
| Chinese Yuan (CNY) | 0.020352 |
| Indian Rupee (INR) | 0.2857 |
| Canadian Dollar (CAD) | 0.004335 |
| Australian Dollar (AUD) | 0.004442 |
| Swiss Franc (CHF) | 0.002532 |
Mid-market rate updated . Banks and transfer providers add a margin. About our rates.
HUF conversion pages
Other currency profiles
Hungarian Forint questions
What is the Hungarian Forint?
Hungarian Forint (HUF) is used in the following countries and territories: Hungary. Central bank: Magyar Nemzeti Bank. Exchange rate regime: free float.
Which countries use the Hungarian Forint?
The Hungarian Forint is used in the following countries and territories: Hungary.
What affects the Hungarian Forint exchange rate?
Magyar Nemzeti Bank policy, EU funds, energy imports and risk appetite in central Europe.