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.

Turkish Lira

Turkish Lira

The Turkish lira (Turkish: Türk lirası; sign: ₺; code: TRY; usually abbreviated as TL) is the currency of Turkey and the self-declared Turkish Republic of Northern Cyprus. The Turkish lira is subdivided into 100 kuruş.

51 Hungarian Forint to Turkish Lira exchange rates chart

51 HUF to TRY exchange rates graph
51 HUF to TRY 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.

51 HUF to TRY exchange rates table

Exchange HUF to TRY
51 Hungarian Forint = 0.989 Turkish Lira
102 Hungarian Forint = 1.977 Turkish Lira
255 Hungarian Forint = 4.944 Turkish Lira
510 Hungarian Forint = 9.887 Turkish Lira
Exchange Hungarian Forint to Turkish Lira
51 Hungarian Forint to Turkish Lira 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.

51 HUF to TRY exchange rates news

Turkey’s year-end budget deficit in 2018 at 73 billion liras: Minister - Latest News

Turkey’s budget deficit stood at 72.6 billion Turkish Liras ($14.8 billion) in 2018, meeting a year-end target under the country’s new economic program, Treasury and Finance Minister Berat Albayrak said on Jan. 15.

3 days indicative positive
Composition With Creditors - Corporate/Commercial Law - Turkey

It is no secret that the Turkish economy has been suffering from a few problems. Turkey Corporate/Commercial Law Gün + Partners 8 Jan 2019

10 days conditional neutral

51 HUF to TRY currency converter