Hungarian Forint

Hungarian Forint

The forint (sign: Ft; code: HUF) is the currency of Hungary. It was formerly divided into 100 fillér, but fillér coins are no longer in circulation. The introduction of the forint on 1 August 1946 was a crucial step in the post-World War II stabilization of the Hungarian economy, and the currency remained relatively stable until the 1980s. Transition to a market economy in the early 1990s adversely affected the value of the forint; inflation peaked at 35% in 1991. Since 2001, inflation is in single digits, and the forint has been declared fully convertible. As a member of the European Union, the long-term aim of the Hungarian government may be to replace the forint with the euro, but that does not appear to be likely until some time during the 2020s.

Singapore Dollar

Singapore Dollar

The Singapore dollar (sign: S$; code: SGD) is the official currency of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore issues the banknotes and coins of the Singapore dollar. As of 2016, the Singapore dollar is the twelfth-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore.

206 Hungarian Forint to Singapore Dollar exchange rates chart

206 HUF to SGD exchange rates graph
206 HUF to SGD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

206 HUF to SGD exchange rates table

Exchange HUF to SGD
206 Hungarian Forint = 0.996 Singapore Dollar
412 Hungarian Forint = 1.992 Singapore Dollar
1030 Hungarian Forint = 4.980 Singapore Dollar
2060 Hungarian Forint = 9.961 Singapore Dollar
Exchange Hungarian Forint to Singapore Dollar
206 Hungarian Forint to Singapore Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

206 HUF to SGD exchange rates news

XRP was the Hottest Product on eToro in 2018
XRP was the Hottest Product on eToro in 2018

XRP eToro. Some claim that 2018 was the worst investment year in recent times. It was full of market volatility and economic downturns, and many investors now look back with regret at profits that were wiped out, or chances that were lost.

about 22 hours conditional positive
Asian stocks rise on Fed restraint, U.S-China trade hopes

Asian markets are mostly higher as investors cheer a more reactive Federal Reserve and U.S.-China trade talks

5 days indicative positive
New year brings fresh hopes for bulls in Asian currencies

With the trade talk outcome still uncertain, failure could quickly reignite pressure on the yuan with some still expecting it to breach the key 7-per-dollar mark on dimming growth outlook.

6 days subjunctive neutral
Singapore Gets First SGD-Backed Stablecoins
Singapore Gets First SGD-Backed Stablecoins

Stablecoin Singapore. A new stablecoin project called Singapore Dollar Rate (SGDR) has launched in Singapore. Created by the team behind blockchain startup Rate, SGDR is said to be the first Singapore dollar-backed stablecoin.

9 days conditional neutral

206 HUF to SGD currency converter