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.

Philippine Peso

Philippine Peso

The Philippine peso, also referred to by its Filipino name piso (Philippine English: , , plural pesos; Filipino: piso [ˈpiso, pɪˈso]; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 centavos or sentimos in Filipino. As a former colony of the United States, the country used English on its currency, with the word "peso" appearing on notes and coinage until 1967. Since the adoption of the usage of the Filipino language on banknotes and coins, the term "piso" is now used. From September 2017 to 2 August 2018, the ISO 4217 standard referred to the currency by the Filipino term "piso". It has since been changed back to "peso".The peso is usually denoted by the symbol "₱". Other ways of writing the Philippine peso sign are "PHP", "PhP", "Php", or just "P". The "₱" symbol was added to the Unicode standard in version 3.2 and is assigned U+20B1 (₱). The symbol can be accessed through some word processors by typing in "20b1" and then pressing the Alt and X buttons simultaneously. This symbol is unique to the Philippines as the symbol used for the peso in countries like Mexico and other former colonies of Spain in Latin America is "$".Banknotes and coins of the Philippines are minted and printed at the Security Plant Complex of the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) in Quezon City.

5 Hungarian Forint to Philippine Peso exchange rates chart

5 HUF to PHP exchange rates graph
5 HUF to PHP 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.

5 HUF to PHP exchange rates table

Exchange HUF to PHP
5 Hungarian Forint = 0.934 Philippine Peso
10 Hungarian Forint = 1.868 Philippine Peso
25 Hungarian Forint = 4.671 Philippine Peso
50 Hungarian Forint = 9.341 Philippine Peso
Exchange Hungarian Forint to Philippine Peso
5 Hungarian Forint to Philippine Peso 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.

5 HUF to PHP exchange rates news

Peso weaker, local shares move up Thursday

MANILA -- Local markets went their own direction as the Philippine peso weakened while the Philippine Stock Exchange index (PSEi) gained strength on Thursday’s trading.Tracking the movements in regional markets, the peso ended the day at 52.41 to the US dollar, weaker by PHP0.28 from...

about 15 hours indicative neutral
GenSan to hire 1,200 students for SPES

GENERAL SANTOS CITY -- The city government will hire at least 1,200 student workers for the implementation of the Special Program for the Employment of Students (SPES) this year.Nur Juanday, head of the Public Employment Services Office (PESO), said Wednesday that preparations are underway for...

1 day conditional neutral
Vote Philippines
Vote Philippines

Manila Standard | Defining The News

7 days conditional positive

5 HUF to PHP currency converter