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. -
How Bitcoin Works
Bitcoin is a digital currency that exists almost wholly in the virtual realm, unlike physical currencies like dollars and euros. A growing number of proponents support its use as an alternative ... -
How To Survive When Prices Double Every Day And A Half
Hyperinflation can destroy your life savings in a matter of months or less. We’ve seen again and again throughout history…Germany in the 1920s, Hungary in the 1940s, Yugoslavia in the 1990s and ... -
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? -
Five ETFs To Cash In On Japan’s Rise
With the election of Shinzo Abe and birth of “Abenomics”, things are looking up for Japan's exporting dependent nation. For investors, Japan may finally be awaking from its doldrums.
Free Annual Reports