389.713 HUF
-0.28 (-0.07%)
1H
4H
1D
1W
1MN

USDHUF Key Statistics

Open price
390.005
High today
392.152
Low today
389.653
52 Week high
397.977
52 Week low
343.135
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification
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About USDHUF

USDHUF is an exotic pair consisting of the U.S. dollar (USD) as the base currency and the Hungarian forint (HUF) as the quote currency. This forex pair is highly volatile with low volume compared to major currency pairs, offering traders unique profit opportunities. USDHUF refers to how many HUFs are needed to buy one USD.

What is the U.S. Dollar vs. Hungarian Forint (USDHUF)?

One of the most versatile forex indexes remains the USDHUF, which shows the relation between the U.S. Dollar and the Hungarian Forint. Even though the two countries are far away, they have strong commercial and trade relations. It's impressive how Hungary managed to be in the EU and not adopt the Euro currency. The rate between USD and Hungarian Forint is a case study for most economists. The USDHUF forex index started right after the end of the Cold War in the 1990s. Before that, the Hungarian Forint was under the domination of the Eastern Russian Ruble, and there was no chance to trade freely in the global economic markets. Investors who want to know how to invest in USDHUF should remember these historical aspects, which might impact even nowadays. Today, the index gathers billions of transactions daily and is one of the most vivid indexes globally.

How does USDHUF work?

The currency pair works by trading on various platforms, like SimpleFX. First, the trader needs to open an account. SimpleFX provides a demo account where investors can learn how to trade USDHUF. It gives access to the simulation of real-time market conditions without financial risks. Investors need to know the movements of the central banks. The FED is the most important one; however, we have seen the Hungarian Central Bank in Budapest increase interest rates rapidly when inflation comes up in the Hungarian economy. The market works daily, changing every 15 seconds like all the others.

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