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 truck I'm driving costs approximately Hungarian Forints HUF 40 million (Euro 150,000), and another mothly HUF 2 million (Euro 7,500) to operate.
Clearnet s SwapClear offer compression cycles for 13 currencies: AUD Australian Dollar, CAD Canadian Dollar, CHF Swiss Franc, EUR Euro, GBP British Sterling, HKD Hong Kong Dollar, HUF Hungarian Forint, JPY Japanese Yen, NZD, PLN Polish Zloty, SEK Swedish Kroner, USD, ZAR.
The Hungarian forint has plunged since the financial crisis.
TransferWise supports currency transfers between euro, British pound, Swiss franc, Polish zloty, Turkish lira, Romania leu, Bulgarian lev, Georgian lari, Hungarian forint, Danish, Swedish, Czech, Norwegian krone, Canadian and US dollar.
Credit Suisse (NYSE: CS) has said that the Hungarian forint could face more price pressures if Hungary is not able to secure aid from the IMF and other international agencies.
The EBRD made its first local currency loan, in Hungarian Forint, in 1994.
The Hungarian forint is valued at 180 per franc and 250 against the euro.
Mr Brown added: "We have seen growth of 163% in sales of the Hungarian forint since 2010 on the back of cheap prices in Budapest and the rising value of sterling.
Effective immediately, the Hungarian forint (HUF) will no longer be an eligible currency for the Global Aggregate Index due to an absence of investment grade index-eligible debt.

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