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Hungarian forint Markets

HUF Currency Update - Our review of Hungarian forint forecasts and news plus charts and historic rates. Check HUF Trends over various time periods.

 

Hungarian forint (HUF) Market Update

The recent forecasts for the USD to HUF exchange rate reflect a complex interplay of geopolitical and economic factors. Analysts note that the US dollar has shown a tendency to strengthen in light of the Federal Reserve’s hawkish stance, particularly as market participants await the latest FOMC minutes. However, there are concerns regarding economic data, such as the anticipated contraction in US GDP, which could weigh on the dollar's value if it underperforms expectations. Uncertainty surrounding the US trade policies, including the proposed tariffs from President Trump, further complicates the dollar outlook.

Despite the dollar's current strength, some experts suggest that Trump's trade agreements and the potential for a weakening dollar to enhance U.S. competitiveness are significant topics of discussion. Market sentiment points to an evolving perspective where the dollar's long-term strength could be hampered by recession fears and changing fiscal policies.

On the other hand, the Hungarian forint has shown relative resilience recently, partly due to the National Bank of Hungary's hawkish posture following the new governor's appointment. However, forecasters indicate that Hungary's weak economic fundamentals, inflationary pressures, and fiscal uncertainties could put downward pressure on the forint in the medium term. They believe that while global factors may support the HUF in the short run, domestic issues are likely to drive the exchange rate higher.

The current exchange rate for USD to HUF stands at 355.7, which is notably 1.9% lower than its three-month average of 362.7. Over the past quarter, the rate has fluctuated within a narrow range of 353.7 to 381.0, suggesting a recent period of stability amid broader market volatility.

In summary, while the dollar may benefit from safe-haven flows and potentially supportive Fed policies, the forint’s trajectory remains uncertain due to local economic challenges. Investors should keep a close watch on upcoming economic data and geopolitical developments, as these could significantly influence the USD/HUF exchange rate in the near term.

 

US dollar to Hungarian forint - USD/HUF Trend

 
USD to HUF at 355.7 is 1.9% below its 3-month average of 362.7, having traded in a relatively stable 7.7% range from 353.7 to 381.0
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Top HUF Rates


Hungarian forint to US dollar
HUF to USD at 0.002814 is 2.0% above its 3-month average of 0.002758, having traded in a relatively stable 7.7% range from 0.002625 to 0.002827
HUF to USD
0.002838
+0.1%

Hungarian forint to Euro
HUF to EUR is at 14-day lows near 0.002476, near its 3-month average, having traded in a very stable 3.2% range from 0.002438 to 0.002515
HUF to EUR
0.002481
14d-lows

Hungarian forint to British pound
HUF to GBP is at 7-day highs near 0.002088, just below its 3-month average, having traded in a very stable 2.7% range from 0.002067 to 0.002122
HUF to GBP
0.002096

Japanese yen to Hungarian forint
JPY to HUF at 2.4744 is just 0.5% below its 3-month average of 2.4868, having traded in a quite stable 5.3% range from 2.4339 to 2.5626
JPY to HUF
2.4692
+0.2%

Canadian dollar to Hungarian forint
CAD to HUF is at 14-day highs near 259.2, just above its 3-month average, having traded in a very stable 3.3% range from 254.1 to 262.6
CAD to HUF
256.87
+0.1%
14d-highs

A-Z


Hungarian forint to Euro
HUF to EUR is at 14-day lows near 0.002476, near its 3-month average, having traded in a very stable 3.2% range from 0.002438 to 0.002515
HUF to EUR
0.002481
14d-lows

Hungarian forint to British pound
HUF to GBP is at 7-day highs near 0.002088, just below its 3-month average, having traded in a very stable 2.7% range from 0.002067 to 0.002122
HUF to GBP
0.002096

Hungarian forint to Indian rupee
HUF to INR is at 30-day highs near 0.2407, 1.8% above its 3-month average of 0.2364, having traded in a quite stable 5.2% range from 0.2292 to 0.2411
HUF to INR
0.2423
30d-highs

Hungarian forint to US dollar
HUF to USD at 0.002814 is 2.0% above its 3-month average of 0.002758, having traded in a relatively stable 7.7% range from 0.002625 to 0.002827
HUF to USD
0.002838
+0.1%