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Exchange rate

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Value of the Hungarian Currency Falls Again

D&T
Aug 16, 2022

The price of one euro (EUR) was 405 forints (HUF) by midday this Tuesday. The Hungarian forint started the week at HUF 392/EUR, and has been free-falling for the second day in a row, the business news site napi.hu writes. The forint weakened sharply on Tuesday after Monday's plunge. At the end of last week, […]

Hungary Needs a Strong Forint

D&T
Jun 25, 2022

"It's time to say that a strong forint, not a weak one, is in the national interest", writes investment expert Viktor Zsiday in a post published this week, commenting on the weakening of the Hungarian currency HUF) in recent weeks. He is quoted by the business news site napi.hu as saying that it should be […]

HUF Per EUR Rate Breaks Psychological Barrier

D&T
Jun 13, 2022

The Hungarian currency, the forint fell to an all-time low value against the euro as the exchange rate exceeded HUF 400 for one euro. The Hungarian currency also sank to a historic low against the US dollar on Monday. Analysts expect further deterioration in the value of the forint. "On Friday, the euro/forint exchange rate […]

Hungarian Currency Rate: Historic Low Against the Euro

D&T
Mar 7, 2022

The Hungarian currency, the forint (HUF) weakened steadily on Monday, with the euro at HUF 388.19 at dawn and crossing HUF 390 by the morning. The weakening did not stop thereafter, with negative records being broken one after the other, reaching the HUF 399 mark a few minutes before 10 am. This is how the […]

Russian Invasion: HUF Hits New Low Against the Euro

D&T
Mar 1, 2022

The Hungarian currency, the forint weakened to unprecedented levels, first to 375 forints and then to 379 forints against the euro this Tuesday. According to Lajos Török, senior analyst at Equilor, two pieces of news in particular could have played a role, Hungary's greater involvement in the conflict, supporting Ukraine's EU membership, and the contradictory […]

Hungarian Currency Further Loses Value in 2021

D&T
Jan 2, 2022

The Hungarian forint (HUF) weakened in 2021: by 1.3% against the euro (EUR), 9.3% against the American dollar (USD) and 6.0% against the Swiss franc (CHF). On December 31, the forint ended the year at 368.87 forints against the euro and 324.48 forints against the American dollar, while the Swiss franc stood at 355.55 forints. […]

Hungarian Currency at Historic Low Against the Euro

D&T
Nov 22, 2021

Despite the National Bank of Hungary (MNB) raising the policy rate by a total of 70 basis points in two steps last week, the Hungarian forint (HUF) fell to a new historic low against the common European currency (EUR) on Monday morning. In one day, the euro exchange rate broke through the psychological barrier of […]

Hungarian Currency Rate at Five-Month Low

D&T
Sep 21, 2020

With the intensification of the second wave of the coronavirus and the pricing of local closures spreading again in Europe, the international investor sentiment deteriorated significantly on Monday, which also dragged the Hungarian forint with it after the opening around 360 against the euro. As portfolio.hu reports, already in the morning the forint fell to […]

Hungarian Currency Hits New Historic Low

D&T
Nov 26, 2019

Hungary's currency, the forint weakened to a new historical low against the euro this morning with the exchange rate reaching HUF 337.24/EUR on the interbank market. The Hungarian currency has depreciated by 2.5% over the past month and by 5% since the beginning of the year. The US dollar is currently close to 306 forints, […]

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