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    Hungary - Hungarian forint - Currency Guide

     

    Foreign exchange guide to Hungary and the Hungarian forint (HUF)

         

    USD/HUF Trend (90-day)

    USD to HUF at 311.9 has risen 3.2% above its 90-day average, range 292.6-312.6.
    |
    1-DAY+0.5%
    90-DAYHIGH
     

    The below interactive chart displays the USD/HUF trend and UP DOWN HIGH LOW alerts

     
    USD to HUF Currency Trend Chart

    General Currency Info - Hungarian forint

    The forint – originally florentinus, taken from the Italian city of Florence – was used in Hungary as early as the fourteenth century. It is subdivided into 100 fillér, although due to the effects of inflation one fillér is now virtually worthless and the fillér coins are no longer in circulation.

    The forint was replaced as Hungary’s currency but reintroduced following World War II after hyperinflation crippled the pengő used during and prior to the war.

    As a member of the European Union, Hungary should, at some point, adopt the euro as its national currency. Since Hungary has not yet joined ERM-II (a requirement for euro adoption), the single currency is unlikely to be used in Hungary prior to the 2020s. In a survey of public opinion by the European Commission in 2015, 60% of Hungarians were in favour of replacing the forint with the euro.

    Hungarians are mostly concerned with the value of their currency against the euro, since nearly 80% of Hungarian exports go to the euro area. Since the euro’s introduction in 1999, the EUR/HUF exchange rate has traded between 227.29 (July 2008) and 326.64 (January 2015).

    Against the world’s reserve currency, the US dollar, the forint was weakest in October 2000 when USD/HUF reached 317.56. The currency was strongest in July 2008 when USD/HUF fell to 143.39.

       

    US dollar to Hungarian forint - Historical Rates

    USD/HUF wasChangePeriod
    308.55
    05 Oct 2021
    1% 2 Weeks
    305.05
    21 Jul 2021
    2.1% 90 Days
    310.11
    19 Oct 2020
    0.5% 1 Year
    280.83
    20 Oct 2016
    10.9% 5 Years
    215.36
    22 Oct 2011
    44.7% 10 Years
    283.57
    24 Oct 2001
    9.9% 20 Years
    USD/HUF change over periods to 19-Oct-2021
     

    $10,000 USD
    =
    Ft3,121,060 HUF

    Converted at USD/HUF interbank rate, compare Send Money and Currency Exchange exchange rates.

    USD to HUF - Quick Amounts

    Sell USD   →   Buy HUF
    USD HUF
    $ 1 Ft 312.11
    $ 5 Ft 1,561
    $ 10 Ft 3,121
    $ 20 Ft 6,242
    $ 50 Ft 15,606
    $ 100 Ft 31,211
    $ 250 Ft 78,028
    $ 500 Ft 156,055
    $ 1,000 Ft 312,110
    $ 2,000 Ft 624,220
    $ 5,000 Ft 1,560,550
    $ 10,000 Ft 3,121,100
    $ 20,000 Ft 6,242,200
    $ 50,000 Ft 15,605,500
    $ 100,000 Ft 31,211,000
    USD HUF
    $ 0.0032 Ft 1
    $ 0.0160 Ft 5
    $ 0.0320 Ft 10
    $ 0.0641 Ft 20
    $ 0.1602 Ft 50
    $ 0.3204 Ft 100
    $ 0.8010 Ft 250
    $ 1.6020 Ft 500
    $ 3.2040 Ft 1,000
    $ 6.4080 Ft 2,000
    $ 16.02 Ft 5,000
    $ 32.04 Ft 10,000
    $ 64.08 Ft 20,000
    $ 160.20 Ft 50,000
    $ 320.40 Ft 100,000

    More amounts

     

    Frequently Asked Questions

     

    What currency should I use in Hungary?

    The domestic currency in Hungary is the Hungarian forint.

    What is the Hungarian forint currency code and symbol?

    The three letter currency code for the Hungarian forint is HUF — symbol is Ft.

    Which countries use the Hungarian forint?

    It is the domestic currency in    Hungary.

    Is the Hungarian forint a closed currency?

    No, the Hungarian forint is freely available and convertible. See guide: What is a closed currency?

     

    Travel, Currency and Money saving tips for Hungary

    Hungary is still considered to be a really good value travel destination. You can still get by on a shoestring budget staying in a dorm, having a meal, and doing an excursion each day. That doesn't mean to say there's nothing there for the more well-heeled traveller, Budapest has boutique hotels, fine dining restaurants, cafes and bars, plus the famous thermal baths sprinkled around the city.

    The official currency is the Forint (Ft), and its still possible to get by on daily budget of 12,000ft, which is significantly less than one could get by on in western Europe.

    Credit cards are widely accepted in the capital but as always, carry some cash or a travel card especially if you are travelling outside of Budapest. Euros are generally accepted but stay aware of the exchange rate as it is unlikely that you will be getting a good rate when you spend Euros.

    At present, you can not preload hungarian forint onto a travel card, but you can pre-load with Euros and spend Euros. Be aware, dynamic currency conversion will occur when you make a purchase or withdrawal in Euros, and often this will cost more. The upside is you will know exactly what you will be paying at the time of purchase.

     

    Travel money for Hungary

    Save money and time by Ordering your Hungarian forint online from Travelex, you get better rates and can pick up the HUF cash locally or even on travel day at the airport.

    Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

    For card purchases if offered a choice of currencies always select to Pay in Hungarian forint otherwise you may get much worst exchange rates.

     

    Send Money to Hungary - Best Rates

    To get a good (and fair) exchange rate when sending money to Hungary you need to find and compare exchange rates for International Money Transfers (IMTs).

    The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.

    You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.


    Get a better deal for foreign transfers to Hungary

    When sending money to Hungary it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

    1. Open an account with a BER reviewed FX provider (id docs may be required)
    2. You specify the local or Hungarian forint amount you want to transfer
    3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
    4. Once your funds are received by the provider the converted HUF amount will be transfered to the recipient account you specify in Hungary.

    Use the above Send to Hungarian forint calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Hungarian forint deposited into the recipient bank account and less margins and fees kept by the banks!


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