What We Do
We exchange currencies at the best rate and make international payments and money transfers simple.
We save you time and money by offering the best rates, zero commission and no fees. Online and anytime, 24/7.
How It Works
See how easy it is by viewing our 45 second demo.
What's New
Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro, US and Canadian Dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Hungarian Forint (HUF) Money Transfer Information
The Hungarian Forint (HUF) is the currency of Hungary. Hungary since joining the EU in 2004 has an advanced and diversified free-market economy. Economic growth is strong relative to other countries in Europe, and Hungary has its sights set clearly on accession to the European Union (EU) before 2010. Hungary has undergone significant economic reform since 1989 including privatization, reform of important state-supported sectors like health care, pensions, social security and housing supports. It has also experienced significant regional development and the encouragement of both foreign and domestic investment.
Live Hungarian Forint Currency Exchange Quote For Your Money Transfer
Real rates, no surprises. Don't be fooled by currency converters on other sites. They give you non-tradable rates just to get your attention. Use the tool below to get the best currency exchange rate from FTT for your Hungarian Forint conversion and international payment or money transfer. The tool can be used to get the best currency exchange rate for buying Hungarian Forint or selling Hungarian Forint.
Money Transfers into Hungary
Money Transfers into Hungary in Hungarian Forint are easy to process. Money transfers and payments can generally be made within 2 days using an advanced payment provider such as FTT.
Payments will need a SWIFT/BIC code which is a unique code for the bank where the destination account is held. The SWIFT/BIC ID consists of between 8 and 11 capital letters and numbers.
Money Transfers out of Hungary
Money Transfers out of Hungary in Hungarian Forints require some careful planning. If you send the payment directly to another bank account which is not denominated in Hungarian Forints then the bank holding the account will charge you several percent to convert the currency. The best way to avoid this charge is to use FTT Currency as we hold a Hungarian Forint account. This way your funds can leave Hungary as Forints and be converted at beneficial exchange rates to the currency of your choice.
Why FTT Currency for Hungarian Forint Money Transfers?
FTT Currency are experts at exchanging and transferring Hungarian Forints. We save you up to 90% of the cost of sending Hungarian Forints overseas and save you time because everything is online. In a few minutes you can send your first payment. Your funds are processed through protected client accounts at Barclays Bank and are fully insured against fraud or negligence by an 'A' rated insurer.
Latest Hungarian Forint News
Yesterday's Trading (02-Sep-2010)
GBP/HUF - closing market price was 341.5900 with a low of 340.5100 and a high of 343.8800.
USD/HUF - closing market price was 221.9300 with a low of 221.1000 and a high of 223.2000.
EUR/HUF - closing market price was 284.4200 with a low of 283.7200 and a high of 285.5700.
8th June 2010 17:00 - Forint Update
The Hungarian Forint (HUF) has seen major losses in the last few days on the suspicion that the Hungarian economic situation is worse than official figures suggest. Inter-bank trading against the US Dollar has dropped to rates as low as 242.
FTT Trading Desk: www.fttcurrency.co.uk
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Manufacturing boosts economy (source: FT)
The economy continued to perform strongly as it entered the third quarter, says the National Institute of Economic and Social Research, with growth of 0.9 per cent in the three months ending in July (source: FT)
Currencies: Dollar falls after payrolls, slides for 9th week (source: Market Watch)
Nonfarm-payrolls data for July heighten concerns over the durability of the U.S. economic recovery, putting the dollar on the defensive. (source: Market Watch)
Redenominating currencies (source: FT)
A string of zeros at the end of a currency is a pain for everyone (source: FT)
Italian growth edges up in second quarter (source: FT)
Italy's economy continues to emerge slowly from its worst post-war recession as figures show that GDP grew 0.4 per cent in the quarter to June (source: FT)
German unions seek pay rises on back of recovery (source: FT)
Germany's leading trade unions are gearing up to put forward increased wage demands in the coming months, in response to continuing evidence of faster growth in Europe's largest economy (source: FT)
Euro cedes early gains in tepid trade (source: FT)
There were low levels of activity as investors awaited non-farm payrolls, prompting sideways trading in the dollar (source: FT)
Currencies: Dollar slips as focus turns to U.S. payrolls (source: Market Watch)
The U.S. dollar slumps as traders are hesitant to make large bets ahead of Friday's U.S. payrolls report for July. (source: Market Watch)
Currencies: Dollar gains for first day in six (source: Market Watch)
The dollar turns higher against the Japanese yen and adds to gains versus the euro after better-than-anticipated reports on private payrolls and the services industry dampen worries about the U.S. economy's growth. (source: Market Watch)
Currencies: Dollar hits 4-month low on reports of Fed shift (source: Market Watch)
The U.S. dollar slips against its major rivals, weighed down by a news report that Federal Reserve officials will consider a slight policy shift. (source: Market Watch)
Euro Headed Below 1.55 (source: AME)
- Dollar Rally Set to Continue - British Pound Falls as UK Consumers Cut Back (source: AME)
The ECB Has Room to Raise Interest Rates?! (source: AME)
- Dollar Rallies on Strong Data, but Watch Out for a Big Week - Is the UK Headed for a Recession? (source: AME)
Euro Extends Losses on Disappointing Data (source: AME)
- US Dollar: The Best of the Worst? - Euro Extends Losses on Disappointing Data - British Pound Gets Killed by Retail Sales (source: AME)
Will the US Dollar Continue to Rally? (source: AME)
- New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut - Will the US Dollar Continue to Rally? - Euro Could Come Under Further Pressure on German IFO Report (source: AME)
Dollar in doldrums as Fed meeting looms (source: FT)
The dollar hovers around its weakest level in months against a selection of the world's main currencies as investors increase their bets against it amid growing doubts about the US economic rebound (source: FT)
German exports surge points to rebound (source: FT)
German exports rose in June to the highest level since the collapse of the investment bank Lehman Brothers sent the global economy into a tailspin two years ago, in the latest sign of the rebound in Europe's largest economy (source: FT)
