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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
British pound (GBP) to Hungarian forint (HUF) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/HUF Outlook: Slightly weaker, but likely to move sideways as the pair trades below its recent average and lacks a clear driver.
GBP/USD Outlook: Slightly positive, but likely to move sideways as the rate is above its recent average yet lacks a clear driver.
USD/HUF Outlook: Likely to decrease, as the rate is below its recent average and near recent lows, pressured by several factors.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Hungarian forint across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-HUF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For travelers planning a week-long mid-range stay in Hungary, a good budget would be around 200,000 HUF (approximately 550 USD), which will allow you to enjoy a comfortable visit. Here’s a quick breakdown of typical daily expenses in Hungarian Forints (HUF):
Overall, Hungary is considered an affordable destination compared to locations such as the United States or the UK. While a meal out or transport fares might touch the higher end of your budget, they still represent excellent value. Compared to the US, where a similar meal could average around 15 USD, and in the UK, where about 12 GBP could be expected, Hungary offers travelers significant cost savings without sacrificing quality.
For expats living in Hungary, the typical monthly living costs hover around 330,000 HUF (approximately 925 USD), which includes rent, utilities, groceries, and leisure activities. When it comes to banking, while credit and debit cards are widely accepted, it's crucial to ensure your card provider has low foreign transaction fees. Many expats find it's beneficial to keep a local bank account for everyday expenses, as ATM withdrawals or purchases in HUF often provide better rates than converting cash abroad.
When considering how to handle money, using online transfer services like Wise or OFX can often provide better exchange rates than exchanging cash locally, primarily for larger amounts. For daily expenses, withdrawing cash from ATMs can also be a smart strategy, but be aware of the withdrawal limits and potential fees. In summary, for expats intending to settle in Hungary, understanding local banking practices and managing cash effectively can lead to significant savings.
View a full list of exchange rates by selecting your Base (from) currency:
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