USDHUF (US Dollar vs Hungarian Forint). Exchange rate and online charts.
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25 Mar 2025 14:07
(-0.04%)
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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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- The Euro is Searching for a Foothold for Reversal
Author: Laurie Bailey
05:59 2025-03-25 UTC+2
1078
- Will money return to North America?
Author: Marek Petkovich
09:18 2025-03-25 UTC+2
1063
- The Pound is Ready to Resume Growth
Author: Laurie Bailey
05:59 2025-03-25 UTC+2
913
- AUD/USD Eyes the Upside Again
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05:59 2025-03-25 UTC+2
853
- Intraday Strategies for Beginner Traders on March 25
Author: Miroslaw Bawulski
08:49 2025-03-25 UTC+2
838
- Fundamental analysis
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07:30 2025-03-25 UTC+2
823
- Technical analysis
Technical Analysis of Intraday Price Movement of EUR/JPY Cross Currency Pairs, Tuesday March 25, 2025.
From what is seen on the 4-hour chart of the EUR/JPY cross currency pair, it is clearly visibleAuthor: Arief Makmur
08:19 2025-03-25 UTC+2
793
- Trading plan
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