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Hungarian forint (HUF)

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Hungarian Forint Starts Year on Strong Footing

D&T
Jan 8, 2021

The Hungarian currency set out on a strengthening path in the first week of 2021 as optimism that vaccinations will curb the pandemic and Democrats’ Senate election gains in the U.S. boosted international investor sentiment. The forint reached its strongest level against the USD in 2.5 years on Thursday. The forint appreciated sharply in the […]

Forint Set to Breach All Time Record Against Euro

D&T
Sep 25, 2020

The Hungarian currency has been on a weakening path for the past weeks and is trading dangerously close to its weakest ever against the euro, seen in April this year. In addition to unfavorable international sentiment, local supporting factors have also vanished and analysts argue that the forint may set new negative records in the […]

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 […]

Forint Weakens to 5-Month Low

D&T
Sep 3, 2020

Hungary’s forint weakened to levels last seen in April as international currency market movements coupled with a record number in COVID-19 infections in Hungary put the forint under pressure. Could a weaker forint be here to stay in the longer run? The Hungarian forint fell to its weakest level since late April on Wednesday, moving […]

Hungarians Support Euro Adoption

D&T
Jun 3, 2020

Two-thirds of Hungarians support the idea of ​​adopting the euro and replacing the forint as soon as possible, according to a recent poll conducted by Pulzus Research for the news site Napi.hu. However, the reality of the move is small for the time being. To the question, "Would you support the introduction of the euro […]

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