HUF (Hungarian Forint)
Definition of 'HUF (Hungarian Forint)'The currency abbreviation or currency symbol for the Hungarian forint (HUF), the currency for Hungary. The forint is made up of 100 filler and is often presented with the symbol Ft. The forint gets its name from gold coins called fiorino d'oro, which were minted in the city of Florence in the middle ages. |
|
Investopedia explains 'HUF (Hungarian Forint)'The forint was first seen with its present name in Hungary in 1325. This currency was used throughout the middle ages and the Renaissance, emerging as the currency used by the Austro-Hungarian Empire. It was discontinued after World War I and then reactivated in 1946 by the Hungarian Communist Party. The future of the forint is uncertain, as it may be wholly replaced by the euro after 2012. |
Related Definitions
Articles Of Interest
-
Currency Exchange: Floating Rate Vs. Fixed Rate
Baffled by exchange rates? Wonder why some currencies fluctuate while others are pegged? This article has the answers. -
Forex: Wading Into The Currency Market
We go over the ground rules and available resources needed for this undertaking. -
Top 7 Questions About Currency Trading Answered
Whether you're puzzled by pips or curious about carry trades, your queries are answered here. -
6 Factors That Influence Exchange Rates
Find out how a currency's relative value reflects a country's economic health and impacts your investment returns. -
Using Currency Correlations To Your Advantage
Knowing the relationships between pairs can help control risk exposure and maximize profits. -
A Primer On The Forex Market
Moving from equities to currencies requires you to adjust how you interpret quotes, margin, spreads and rollovers. -
The Yen Is Setting Up To Be An Attractive Long-Term Investment
As Japan embarks on quantitative easing, the yen has come under pressure. Will it continue to be the source of big profits in the latter half of 2013? -
3 Costly Spelling Errors
History has proved that some spelling errors can cost companies and governments millions of dollars. -
Developing Nations With The Most Debt
These emerging markets have the most debt of any others. How does this affect the world economy? -
The Most Counterfeit-Proof Currencies
The IACA awards provide some of the best insight into the currencies that are proving the most difficult to fake.
Free Annual Reports