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Foreign Exchange Guide to Hungary

Latest market mid-rate: 1.0 =

Country Code:
HU
Domestic Currency:
Hungarian forint
Symbol - Code:
Ft HUF
Telephone Prefix:
+36

The domestic currency in Hungary is the Hungarian forint with currency code HUF. Read this foreign exchange guide to Hungary and the Hungarian forint with money transfer and travel tips plus Hungarian forint exchange cross rates.

In this guide we review :

  1. Hungarian forint info - general info about the Hungarian forint
  2. Hungarian forint in the markets - recent HUF moves and predictions from the FX markets
  3. Travelling in Hungary - currency & money saving tips
  4. Buying Hungarian forint cash online - travel money for Hungary
  5. Sending money to Hungary - save on Hungarian forint bank transfers to Hungary
  6. Hungarian forint exchange rates - latest & historic exchange rates.

Hungarian forint (HUF) general currency information

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.

What is the Hungarian forint currency code and symbol?

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

Which countries use the Hungarian forint?

It is the domestic currency in Hungary.


Hungarian forint (HUF) in the markets

The interactive chart below shows the HUF to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


HUF-USD 3 Month chart
Loading HUF/USD Chart
HUF currency converter

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.

Hungary Trip Checklist   

  1. Compare HUF travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Hungary
  3. Lonely Planet - world's best travel guide (coupon and deals)

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.

 

Travel Money for Hungary

Compare FtHUF Cash rates

 

Sending money to Hungary

When searching around for information on how to get a good exchange rate when sending money to Hungary you need to start with finding out the latest Hungarian forint foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

Getting a better deal when sending money 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 our Send to HUF 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!

   

Bank Transfers to Hungary

Compare FtHUF Transfer Rates

 

Hungarian forint - exchange rates - live and historic

Major HUF cross rates
View Full List (A-Z)
1HUF=

HUF/USD - Hungarian forint to U.S. dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0036861 Week
18 May 20180.0036991 Month
19 Dec 20170.0037816 Months
17 Jun 20170.0036401 Year
17 Jun 20160.0035862 Years
18 Jun 20130.0045685 Years
19 Jun 20080.00642910 Years

HUF/EUR - Hungarian forint to Euro - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0031281 Week
18 May 20180.0031381 Month
19 Dec 20170.0031946 Months
17 Jun 20170.0032511 Year
17 Jun 20160.0031802 Years
18 Jun 20130.0034125 Years
19 Jun 20080.00414910 Years

HUF/GBP - Hungarian forint to British pound sterling - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0027481 Week
18 May 20180.0027461 Month
19 Dec 20170.0028256 Months
17 Jun 20170.0028491 Year
17 Jun 20160.0024972 Years
18 Jun 20130.0029205 Years
19 Jun 20080.00326010 Years

HUF/JPY - Hungarian forint to Japanese yen - 10 Year History

DateExchange RatePeriod
10 Jun 20180.40351 Week
18 May 20180.40991 Month
19 Dec 20170.42736 Months
17 Jun 20170.40351 Year
17 Jun 20160.37382 Years
18 Jun 20130.43525 Years
19 Jun 20080.693610 Years

HUF/AUD - Hungarian forint to Australian dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0048491 Week
18 May 20180.0049251 Month
19 Dec 20170.0049416 Months
17 Jun 20170.0047751 Year
17 Jun 20160.0048482 Years
18 Jun 20130.0048205 Years
19 Jun 20080.00677010 Years

HUF/CAD - Hungarian forint to Canadian dollar - 10 Year History

DateExchange RatePeriod
10 Jun 20180.0047801 Week
18 May 20180.0047701 Month
19 Dec 20170.0048706 Months
17 Jun 20170.0048091 Year
17 Jun 20160.0046282 Years
18 Jun 20130.0046615 Years
19 Jun 20080.00652110 Years