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.

Argentine Peso

Argentine Peso

The peso (established as the peso convertible) is the currency of Argentina, identified by the symbol $ preceding the amount in the same way as many countries using dollar currencies. It is subdivided into 100 centavos. Its ISO 4217 code is ARS. Since the late 20th century, the Argentine peso has experienced a substantial rate of devaluation, reaching 25% in 2017. The official exchange rate for the United States dollar hovered around 3:1 from 2002 to 2008, climbing to 6:1 between 2009 and 2013. By August 2018, the rate had risen to 40:1.

7 Hungarian Forint to Argentine Peso exchange rates chart

7 HUF to ARS exchange rates graph
7 HUF to ARS 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.

7 HUF to ARS exchange rates table

Exchange HUF to ARS
7 Hungarian Forint = 0.921 Argentine Peso
14 Hungarian Forint = 1.841 Argentine Peso
35 Hungarian Forint = 4.603 Argentine Peso
70 Hungarian Forint = 9.205 Argentine Peso
Exchange Hungarian Forint to Argentine Peso
7 Hungarian Forint to Argentine 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.

7 HUF to ARS exchange rates news

A sign of Argentina’s decadence

BUENOS AIRES, Argentina—Argentina's proud soccer tradition has been sullied by its fervent, fanatical fans. The land of Lionel Messi and Diego Maradona has won

conditional positive
G-20 leaders descend on Buenos Aires as host Argentina battles worst economic crisis in a decade

Argentina has been grappling with currency flight and an economy sinking deeper into recession, not to mention the worst drought in decades.

conditional neutral
Aluminum producer Aluar profits 54% up thanks to devaluation of Argentine peso

The aluminum producer Aluar will distribute dividends among its shareholders for $ 2,884 billion (79.71 million US dollars) as a result of an increase in semiannual profits of 54.5%, the company reported to Argentina's stock exchange regulator Comisión Nacional de Valores (CNV), which was due mainly to the peso devaluation.

conditional neutral

7 HUF to ARS currency converter