Forint


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Forint

The currency of Hungary. It was issued in 1946, not long before Hungary became a communist country. It was an inconvertible currency until the fall of the Iron Curtain, when Hungary transitioned to capitalism. It dealt with high inflation in the 1990s but stabilized afterwards.
References in periodicals archive ?
The decrease was principally attributable to the devaluation of the Hungarian forint against the euro and the renegotiation and retention of certain major contracts.
HTCC has included certain non-GAAP financial measures in Hungarian forints and euros, including Pro-forma Adjusted EBITDA, in this press release.
Predicting a 'run' on the currency, analysts at the bank said, 'Based on the weak fundamentals and unpredictable policies our base case is that the forint will fall further.
These growth rates in Hungarian forint terms can be seen in the reported U.
5 million for the six months ended June 30, 2000, reflects the appreciation of the Hungarian forint against the euro, of approximately 8% between January 1, 2001 and June 30, 2001.
DE) for weakening the Hungarian forint significantly on October 15 2008, when Hungary was hit hardest by the global credit crunch.
This 10% devaluation of the Hungarian forint against the U.
The new forint amount, which is based on a EUR50,000 limit, was calculated at a forint-euro exchange rate of HUF300.
These growth rates in Hungarian forint terms are not readily apparent in the reported U.
It is expected that Hungary's central bank may increase the benchmark interest rate in order to halt the slide of the forint after prime minister, Ferenc Gyurcsany, said he would resign soon.
Sitraka Software's DeployDirector Bundler for JNLP is a GUI tool that provides quick deployment using Java Web Start," said Peter Forint, DeployDirector Product Manager at Sitraka Software.