HUF (ft)
Hungarian forint
Current regime
Trading the HUF between market participants and across borders is unrestricted and the market price is primarily determined without central bank intervention. Highly standardised payment processing.
History
The HUF was introduced on 1 August 1946 to replace the pengő that had been rendered worthless by massive hyperinflation in 1945–46.
The HUF was floated on 26 February 2008.
The HUF accounted for 0.4% of global FX turnover in April 2019.
