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.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

369 Hungarian Forint to British Pound exchange rates chart

369 HUF to GBP exchange rates graph
369 HUF to GBP 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.

369 HUF to GBP exchange rates table

Exchange HUF to GBP
369 Hungarian Forint = 0.992 British Pound
738 Hungarian Forint = 1.985 British Pound
1845 Hungarian Forint = 4.961 British Pound
3690 Hungarian Forint = 9.923 British Pound
Exchange Hungarian Forint to British Pound
369 Hungarian Forint to British Pound 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.

Best HUF/GBP rate at Thomas Exchange Global in London

369 HUF to GBP exchange rates at Thomas Exchange Global in London
369 Hungarian Forint = 0.956 British Pound
Thomas Exchange Global
Thomas Exchange Global

Thomas Exchange Global was established in 1993 and has grown to become one of the leading providers of wholesale, retail, travel and commercial foreign exchange services to businesses and individual private clients in the UK. As a dedicated foreign exchange specialist, we have the professional expertise, in depth market knowledge, technological infrastructure and commitment to provide you with an unprecedented level of service that sets the standard in the foreign exchange industry. We are...

369 HUF to GBP exchange rates news

Forint leads currencies lower, Italy-EU dispute weighs

Currencies ease as euro falls on Italy's budget deadline; Markets seek direction after 3-day losing streak; Stocks tread water, but OTP Bank lifts.

conditional neutral
Emerging stocks and currencies fall as Fed stays hawkish
Emerging stocks and currencies fall as Fed stays hawkish

MSCI currency index on track for worst day in over a month; Turkish lira biggest loser among EM currencies

indicative negative
Why Hungarian Stocks Are Ready to Rise

This European market’s valuations are much lower than its historical levels, dividend yields are high, and the economy is posting solid gains.

conditional positive
Brexit Latest: British Pound Recovers as UK PM May Announces Deal

UK Prime Minister Theresa May and her cabinet have agreed to a Brexit deal with the European Union. The Brexit saga isn’t over yet, though.

indicative positive
British Pound Wavers On Brexit Milestone - Swissquote

British Pound Wavers on Brexit Milestone - Swissquote

conditional neutral
GBP/JPY Price Forecast - British pound finds a bit of support against yen

The British pound pulled back against the Japanese yen initially during the trading session on Friday but found enough support near the ¥147 level to turn around and form a hammer. This hammer suggests that we are trying to break towards the upside but there is so much in the way of noise between here and the ¥150 level that I think we will find sellers.

conditional positive
Exchange Rates Update Today: British Pound Awaits UK Labour Data, Euro Under Pressure, US Dollar Strength Ensues

The British Pound (GBP) posted heavy losses against the Dollar (USD) on Monday, as the Euro (EUR) also posted heavy losses.

conditional negative

369 HUF to GBP currency converter