The comparison table above helps you see the total cost of your CIBC 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’.
HUF to EUR Market Data
Hungarian forint (HUF) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.
HUF/USD Outlook: Likely to increase as the rate trades above its recent average and is near recent highs, supported by inflation trends and central bank policies.
USD/EUR Outlook: The outlook for USD/EUR is likely to decrease as the rate is below its recent average and near recent lows, pressured by ongoing political uncertainty in the U.
EUR/HUF Outlook: The pair is slightly weaker and likely to trade sideways, as it's below recent averages without clear drivers for a bounce. Key drivers: ECB's neutral stance vs. MNB's high rates, elevated energy costs straining Hungary's economy, persistent inflation. Range: Expected to hold within the recent 3-month limits unless Eurozone confidence improves or Hungary's inflation pressures prompt tighter MNB policy
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HUF to EUR Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Hungarian forint are worth in Euro across a range of amounts.
This gives a quick view of what you’d get when converting different HUF amounts at today’s rate * :
What is the
best Send Money conversion rate for HUF to EUR?
The best HUF to EUR exchange rate is 0.0026 from OFX . This is -1.1% compared to the mid-market rate 0.002628.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Hungarian forint (HUF) to Euro (EUR) rates from different sources before making a conversion.
The above
CIBC - Forint to Euro comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
CIBC and other foreign exchange providers against the latest HUF-EUR mid-rate and the possible savings of using various providers.
How do CIBC HUF-EUR rates compare between providers?
Looking at the full
HUF to EUR - Send Money comparison table the provider with the best HUF to EUR exchange rate is OFX at 0.0026, -1.1% from the latest mid-market rate 0.002628.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like CIBC often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.