USDHUF (US Dollar vs Hungarian Forint). Exchange rate and online charts.
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29 Apr 2025 15:11
(0.01%)
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USD/HUF (United States Dollar vs Hungarian Forint)
USD/HUF is not actively traded on Forex. The exchange rate of this instrument was pegged to the euro since its introduction in most countries of the European Union. However, in 2008 the country launched the floating forint rate.
Hungary is a country with high proportion of foreign capital, for this reason, its economy is highly dependent on those organizations that operate within the territory of this Central European state.
Hungary is an advanced industrial country of Central Europe. The Hungary's economy is represented mostly by engineering, metallurgy, and chemical industries. Moreover, agricultural sector, especially gardening and wine making sectors, is also robust. The greater part of the products are exported abroad. Tourism is pivotal to Hungarian economy. Millions of foreigners visit this country annually, attracted by its nature, ancient traditions, and architecture. Hungary's main trading partners are the EU countries and Russia. For this reason, when you try to predict the further course of the Hungarian forint, you should pay the utmost attention to the economic indicators of these regions.
If you trade USD/HUF, you need to consider the dynamics of EUR/USD, GBP/USD, and USD/JPY currency pairs as they can influence the forint greatly indicating the future course of the Hungarian national currency. In addition, monitor the global prices for oil and other minerals vital for the country's economy as they can change the USD/HUF rate.
See Also
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- Intraday Strategies for Beginner Traders on April 29
Author: Miroslaw Bawulski
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On Monday, the GBP/USD currency pair also traded with low volatility and mainly moved sidewaysAuthor: Paolo Greco
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898
Fundamental analysisWhat to Pay Attention to on April 29? A Breakdown of Fundamental Events for Beginners
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898
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Trading Recommendations and Analysis for GBP/USD on April 29: The Pound Sterling Is Back to Its Old Ways
On Monday, the GBP/USD currency pair once again traded higher despite having no fundamental reasonsAuthor: Paolo Greco
04:32 2025-04-29 UTC+2
838
Type of analysisEUR/USD: Simple Trading Tips for Beginner Traders on April 29. Review of Yesterday's Forex Trades
EUR/USD: Simple Trading Tips for Beginner Traders on April 29. Review of Yesterday's Forex TradesAuthor: Jakub Novak
08:22 2025-04-29 UTC+2
778
Trading planHow to Trade the GBP/USD Pair on April 29? Simple Tips and Trade Analysis for Beginners
On Monday, the GBP/USD pair rose by 130 pipsAuthor: Paolo Greco
06:43 2025-04-29 UTC+2
778
- On Monday, the EUR/USD currency pair remained immobilized
Author: Paolo Greco
04:33 2025-04-29 UTC+2
1003
- Trading plan
How to Trade the EUR/USD Pair on April 29? Simple Tips and Trade Analysis for Beginners
On Monday, the EUR/USD currency pair showed somewhat mixed movements, no matter how you lookAuthor: Paolo Greco
06:43 2025-04-29 UTC+2
1003
- Fundamental analysis
Trade Negotiations Between China and the U.S. Are Ongoing. Markets Await Results (There Is a Risk of Local Declines in EUR/USD and GBP/USD Pairs)
Markets have once again paused amid uncertainty over whether a trade agreement between the U.S. and China will be reached anytime soonAuthor: Pati Gani
10:04 2025-04-29 UTC+2
1003
- Intraday Strategies for Beginner Traders on April 29
Author: Miroslaw Bawulski
07:18 2025-04-29 UTC+2
988
- On Monday, the GBP/USD currency pair also traded with low volatility and mainly moved sideways
Author: Paolo Greco
04:33 2025-04-29 UTC+2
898
- Fundamental analysis
What to Pay Attention to on April 29? A Breakdown of Fundamental Events for Beginners
Very few macroeconomic events are scheduled for Tuesday, and none are significantAuthor: Paolo Greco
07:00 2025-04-29 UTC+2
898
- Trading plan
Trading Recommendations and Analysis for GBP/USD on April 29: The Pound Sterling Is Back to Its Old Ways
On Monday, the GBP/USD currency pair once again traded higher despite having no fundamental reasonsAuthor: Paolo Greco
04:32 2025-04-29 UTC+2
838
- Type of analysis
EUR/USD: Simple Trading Tips for Beginner Traders on April 29. Review of Yesterday's Forex Trades
EUR/USD: Simple Trading Tips for Beginner Traders on April 29. Review of Yesterday's Forex TradesAuthor: Jakub Novak
08:22 2025-04-29 UTC+2
778
- Trading plan
How to Trade the GBP/USD Pair on April 29? Simple Tips and Trade Analysis for Beginners
On Monday, the GBP/USD pair rose by 130 pipsAuthor: Paolo Greco
06:43 2025-04-29 UTC+2
778