HUF
Definition of 'HUF'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 that were minted in the city of Florence in the middle ages. |
|
Investopedia explains 'HUF'The Forint was first seen with its present name in Hungary in 1325. This currency was used throughout the middle ages and also 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; it may be wholly replaced by the Euro after 2012. |
Related Definitions
Articles Of Interest
-
What Causes A Currency Crisis?
Find out what can cause a currency to collapse, and what central banks can do to help. -
The Greatest Currency Trades Ever Made
These speculators took big positions - and scored huge profits - in the currency market. -
The New World Of Emerging Market Currencies
Take advantage of foreign currency markets without stepping out of your house. -
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. -
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