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AUD to HUF - Rate Guide

Australian Dollar to Hungarian Forint exchange rates aren't all the same.

The total cost you are charged by your bank or foreign exchange provider consists of a margin from the interbank mid-rate plus fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD/HUF update & alerts

1 AUD = 203.45 HUF

At 203.27 AUD/HUF was trading near its 90 day average with period range 195.21 to 207.42. There are currently no alerts. Updated: 08:15-AEDT 22:15-BST 17:15-EDT
AUD/HUF - 90 Day Trend

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AUD/HUF Exchange Rates and Providers Compared

This guide to the Australian Dollar to Hungarian Forint exchange rate with 90-day chart & alerts, historic rates, forecasts and AUD to HUF comparison tables for foreign transfers and travel money rates and fees on offer by banks and foreign exchange providers. If you want to calculate equivalent amounts in foreign currencies or rate margins then use our AUD/HUF Quick Calculator.

AUD and HUF in the Markets

When determining the best time to make a foreign exchange transaction, in this case the AUD vs HUF, you should pay attention to the recent market trends for both currencies.

Australian Dollar (AUD)

The RBA dropped interest rates 25 basis points to a record 0.75% on Oct 1 with the Aussie responding with a drop below US67 cents. Investors have sold AUD in recent months as they’ve bet on aggressive interest-rate cuts by the Reserve Bank of Australia. These bets paid off: the RBA cut its cash rate in both June and July to a record low of 1 percent.

Lower borrowing costs are necessary, investors believe, in light of persistently soft domestic data and the fallout from a US-China trade standoff that shows no sign of nearing an end.

AUD will continue to track changes in interest-rate expectations. Economists expect at least one further cut this year and many expect two by early 2020. After July's cut, the RBA hinted it would leave rates unchanged for several months.

Interestingly, AUD has decoupled from commodity prices in 2019. The price of iron ore (Australia’s largest export) nears multi-year highs while AUD languishes.

Further RBA interest rate cuts this year are now a certainty, and that doesn’t bode well for currency valuations. Westpac has predicted three cuts this year.

Read more in the article AUD Forecasts.

 

Hungarian Forint (HUF)

No recent Hungarian Forint market updates.

Why can't I just get the AUD/HUF market rate I see online or in the media?

The mid-rate is the rate you will see quoted online or the news. It is actually just the half-way point (hence mid-rate) between the last rate at which the AUD / HUF was traded (bought or sold) in the international markets.

All foreign exchange providers charge a fee for providing their service and this fee is usually contained within the exchange rate margin (or difference to the mid-rate). Some providers such as Transferwise will quote you the mid-rate (or close to) and charge a separate percentage fee.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

We help you Compare & Save Money on Exchange Rates.

 

View all AUD Exchange Rates