
Euro Slightly Down Against Dollar, Hungarian Forint Weakens Significantly
The Euro saw a marginal decrease of 0.03% against the dollar, trading at $1.157. Meanwhile, the Hungarian Forint significantly weakened by morning.
110 stories found

The Euro saw a marginal decrease of 0.03% against the dollar, trading at $1.157. Meanwhile, the Hungarian Forint significantly weakened by morning.

The strengthening of the Hungarian forint is causing significant losses for the country's transport sector, as revenues are primarily in euros while costs remain in forints. This currency shift is negatively affecting profitability for road and rail freight companies.

The Hungarian Forint is celebrating a significant milestone, with the total value of 20,000 Forint banknotes surpassing 7 trillion, and 5 Forint coins representing 4.5 billion Forint.

A Hungarian woman attempted to smuggle luxury goods worth nearly 14,000 euros (approximately 5 million Hungarian forints) through customs at Zagreb Airport. She was caught trying to bypass airport customs with the high-value items.

A rare car belonging to Pink Floyd's drummer, a known car enthusiast, is expected to sell for an astonishing 11 billion Hungarian Forints (approximately $30 million USD).

The Hungarian Forint has begun to strengthen against the Euro, showing positive movement in the currency market.

The recent strengthening of the Hungarian Forint is expected to negatively impact sectors accounting for three-quarters of the Hungarian economy, particularly if the minimum wage continues to rise, though domestic market-oriented and state-owned segments may benefit.

A Tyrannosaurus rex skeleton has been sold for an amount equivalent to 16 billion Hungarian Forints, sparking controversy. The auction of the dinosaur skeleton has generated public discontent.

Investors have likely reaped most of the short-term profits available on Hungarian assets, but the forint and the Hungarian stock market could still be attractive long-term if the government's outlined economic path is achieved.

The Hungarian forint halted its strengthening trend and reversed, with the euro exchange rate again hovering around 360, negatively impacted by the ongoing Middle East conflict and an announcement from the Ministry of Finance.

The strengthening of the Hungarian forint has led to a 10-11 percent increase in total costs for some businesses, negatively impacting the profitability of industrial companies.

The Hungarian Forint has broken a psychological barrier against the Euro and is nearing a significant milestone against the dollar, reportedly influenced by news of peace in Iran.

The Hungarian Forint strengthened to a five-year high following news of the peace agreement between the US and Iran.

Károly Gerendai, organizer of the Sziget Festival, stated that the appreciation of the Hungarian Forint has made the festival more expensive for foreigners, leading to lower-than-expected ticket sales and a projected 1.5 billion Forint loss for the current year.

Fluctuations in the euro-forint exchange rate are significantly impacting Hungarian small and medium-sized enterprises (SMEs), hindering their ability to move beyond low value-added contract work.

Investor Viktor Zsiday commented on the strong Hungarian forint, stating that the current exchange rate is becoming challenging for some Hungarian exporters.

Strong demand for the Hungarian Forint and government debt could enable the Hungarian National Bank (MNB) to continue cutting its base rate, diverging from the global trend of central banks focusing on inflation control.
Hungary is moving closer to a potential interest rate cut in June, a decision influenced by the recent rally of the Hungarian forint.

A 10% strengthening of the Hungarian forint could lead more tourists to choose seaside holidays abroad, negatively impacting service providers in the Balaton region after a mixed season last year.

The Hungarian Forint has shown significant strengthening in recent weeks, challenging long-held beliefs among economic actors that the currency could only weaken.

Formula 1 driver Fernando Alonso was seen in Monaco with a Pagani car valued at 4 billion Hungarian Forints, a similar model to one previously owned by Lewis Hamilton.
The Hungarian Forint has strengthened against the Euro, falling below 360 forints per euro, a level not sustained since February 2022.

The Hungarian Forint, despite a 15-year weakening trend, could see a sustained appreciation due to its interest rate advantage, drawing comparisons to the Slovak currency's trajectory.

Budapest Mayor Gergely Karácsony has developed plans for how to spend 300 billion Hungarian Forints in EU funds. The mayor sees a historic opportunity if the new government brings the EU money home.

A new restomod car, built from an old Rolls-Royce, has been completed after approximately five thousand working hours. The vehicle is priced at 175 million Hungarian Forints.

The Hungarian Forint experienced a minor weakening but remains stronger than its pre-election level, providing reassurance to investors.

Tisza party leader Péter Magyar defeated Viktor Orbán in Hungary's parliamentary election, ending the prime minister's 16-year rule. International leaders celebrated the result while the Kremlin signaled hopes for continued pragmatic ties with Budapest.

A Ferrari F40, described as being in perhaps the most beautiful condition, is anticipated to sell for 1.5 billion Hungarian Forints. The car has reportedly been kept under a glass dome, preserving its immaculate state.

The European Commission has decided to provide 4.2 billion Hungarian Forints in emergency aid to Hungarian farmers, drawn from the EU agricultural reserve, to compensate for losses incurred due to last year's drought.

Hungary's central bank anticipates higher inflation than previously expected in December, with the ongoing Iran war potentially worsening the situation. The Hungarian forint has weakened more significantly than other regional currencies.

The Ministry of Finance building located in József nádor square, Hungary, has been put up for auction again. The current asking price is 35 billion Hungarian Forints, which is more than two billion Forints cheaper than its previous listing.

The Hungarian currency, the Forint, experienced a substantial weakening on Thursday afternoon.

The Hungarian Forint depreciated by 20 forints in a week, primarily attributed to the Middle East war's impact on imported energy prices and global fossil energy market fluctuations.

The Hungarian forint continues its week-long weakening trend, experiencing its weakest day of the year.

The Hungarian Forint has weakened significantly, with the Euro surpassing 390 Forints and the Dollar rising above 336 Forints.

The Hungarian Forint has reached its strongest level against the Euro in nearly three years, with Mihály Varga and Medián cited as potential contributing factors.

The government-affiliated Mathias Corvinus Collegium (MCC) reportedly spent 82 million Hungarian Forints supporting programs by the Roger Scruton Foundation at Cambridge and Oxford universities, according to a British civil organization.

Police are investigating a fraud case where scammers managed to steal 8 million (currency unspecified, likely Hungarian Forint) by altering a single letter in an email address.

A super-rare and barely used 37-year-old Porsche 959 Sport is awaiting a new owner, with its value estimated at nearly 2 billion Hungarian Forints.

An article explores the 80-year history of the Hungarian Forint, which replaced the hyperinflated pengő on August 1, 1946, tracing its origins back to the Middle Ages.

The euro's exchange rate against the Hungarian forint has reached its highest point since April, marking a new peak under the current Tisza government.

The Hungarian Forint experienced a decline during a speech by Minister Varga, attributed to decreasing Hungarian base rates, impending US tariff measures, and a deteriorating situation in the Middle East.

The FBI has cracked down on a group of scammers who stole approximately 70 million Hungarian Forints from players by distributing games containing malicious code on Steam.

The Hungarian Forint saw a significant weakening against the Euro, approaching the psychological threshold of 365.

The strong Hungarian Forint has reportedly broken one of the most stubborn public perceptions, as inflation expectations have fallen below official targets and forecasts, a rare occurrence.

The Hungarian forint strengthened on Friday morning, approaching the 355 level against the euro, following a decrease in oil prices.
Barclays, an early proponent of the Hungarian Forint's strength, now anticipates that the currency's rally will diminish as efforts to transition towards the Euro commence. This forecast suggests a shift in the Forint's market dynamics.

The Hungarian Forint strengthened in response to the Hungarian National Bank's interest rate cut, while Mihály Varga stated that even an immediate removal of price caps would not jeopardize price stability.
The Hungarian Forint continued to strengthen on Monday, with the Euro's exchange rate dropping below 350 for the first time in nearly five years.

Thieves stole items worth approximately 5.5 million Hungarian Forints, including Lego, plush lions, shoes, and jerseys, from the English national football team, though most of the stolen goods have since been recovered.

The Hungarian Forint has strengthened significantly, defying typical economic correlations and even offsetting the impact of rising foreign energy prices, with analysts reacting to the latest inflation data.

The direct flight service between Budapest and Toronto has relaunched, offering a new travel option with return tickets starting from 250,000 Hungarian Forints.

The Hungarian forint is approaching a five-year high against the euro. This strengthening of the currency indicates positive economic trends for Hungary.

Revolut has launched a new feature allowing users to withdraw up to 300,000 Hungarian Forints (HUF) in cash for free, requiring users to declare this option within the app. Users are advised to calculate if this benefit outweighs other bank options.

The Hungarian forint faces a stress test, with market confidence potentially eroding if the government and the National Bank of Hungary (MNB) fail to maintain good relations, despite investors acknowledging a positive shift in the new central bank leadership.

The Hungarian Forint is noted as one of the world's best investments, benefiting importers and travelers but negatively impacting exporters. Neither the government nor the central bank currently desires a stronger Forint.

The Hungarian Forint has strengthened against the Euro to pre-Ukrainian war levels and is nearing 300 against the dollar, reaching its strongest point against the dollar since September 2021.

Over the past 11 years, companies owned by Balásy have secured state contracts totaling more than 1,000 billion Hungarian Forints, with a significant portion coming from the National Communications Office.

The Hungarian Forint has strengthened against the Euro, trading below 360 for the first time since 2022, a notable movement compared to its value before the parliamentary elections.

Hungary's State Secretariat for Sport signed a contract worth nearly 1.7 billion Hungarian Forints for the TAO system license just three days before the elections, with only one company bidding for the public procurement.

Mary Barra, CEO of General Motors, is reported to have the highest salary among women in the automotive industry, earning 9 billion Hungarian Forints.

The exchange rate of the Hungarian Forint strengthened significantly against the Euro, reaching its highest level in four years during early afternoon trading.

The Hungarian Forint is strengthening due to market expectations that Hungary will join the Eurozone in the foreseeable future.

The Hungarian forint saw a boost in its exchange rate against the euro following initial reports of record voter turnout and an anticipated major opposition victory in Hungary.

The Hungarian Forint experienced significant strengthening, reaching a 33-month high, influenced by the Iran ceasefire before fluctuating and then resuming its upward trend.

The Hungarian forint has demonstrated remarkable stability, trading near a two-week high, despite initial pressure following the outbreak of the Iran War and ongoing uncertainty in the region.

A new card game based on the Cyberpunk video game has quickly raised 3 billion Hungarian Forints, making it the most successful crowdfunding campaign in Kickstarter's history within half a day.

The Hungarian currency experienced a rollercoaster day on Friday the 13th, initially weakening before recovering.

The Hungarian forint has seen significant fluctuations, weakening and then strengthening, indicating a lack of stability in its value.

The Hungarian Forint has weakened against the Euro, reaching a six-month low, with its exchange rate last consistently above 391 in October 2025.

The Hungarian Forint began the day with a noticeable decline, falling to 388 against the Euro.

According to GKI, the weakening of the Hungarian forint significantly contributed to inflation in recent years. If the currency had not depreciated by 8% in 2022, inflation would have been lower.

A Hungarian article discusses the legalities and implications of setting executive salaries in a foreign currency (e.g., EUR) while paying them in Hungarian Forints.
The Hungarian forint is reported to be the top performer among Central and Eastern European currencies.

The Hungarian Forint is experiencing a decline, with analysts suggesting that the causes for its weakening are not originating from within Hungary.

The Hungarian Forint has reached its weakest point against the Euro in nearly three months, though a dramatic collapse has not yet occurred.

IKEA announced a one-time payment of 100,000 Hungarian Forints to its employees affected by strikes, alongside a commitment to long-term wage development.

The Hungarian Forint has strengthened significantly, leading to a reduction in the Hungarian state's foreign currency debt, while household government bond holdings have reached over 12.6 trillion forints.

An artwork by David Hockney, signed by the artist, was discovered inside a book donated to a Salvation Army charity shop in Norwich and subsequently sold for 17.5 million Hungarian Forints.

The winning numbers for Hungary's "Ötös lottó" (five-number lottery) have been drawn. The jackpot for this round was over 1.1 billion Hungarian Forints.

The Hungarian Forint's exchange rate saw a sudden and significant fluctuation early Friday morning, prompting questions about its unusual movement.

A Real Madrid jersey worn by legendary footballer Ferenc Puskás during a friendly match against Manchester United is available for auction, with bids starting around 18,000 pounds (7.5 million Hungarian Forints).

The Hungarian Forint has weakened against the US dollar to a level not seen since the last elections.

The strengthening of the Hungarian forint is causing pain for the country's industrial sector and large service companies, primarily due to increased labor costs.

Civil organizations associated with Fidesz politician Nóra Király have received over 455 million Hungarian forints in public funds. The politician expressed dissatisfaction with how RTL reported on the matter.

Revolut has launched a new payment method called 'qvik,' which allows users to make transactions under 20 million Hungarian Forints without incurring any fees.

The Hungarian currency briefly strengthened below 353 against the euro before slightly weakening again, reaching a four-and-a-half-year high.

The Hungarian Forint has been exceptionally strong for weeks, prompting Hungarian citizens to purchase foreign currency, a situation not seen in years.

The Hungarian Forint is performing strongly, and consumer spending is up, with markets showing patience towards a new government. The article explores what drives investor sentiment.

Organizations with close ties to the Fidesz party, some led by Fidesz municipal representatives, have received 400 million Hungarian Forints in NKA (National Cultural Fund) money in Szabolcs.

The Hungarian Forint has reached a multi-year high against the Euro, trading below 354, after the central bank opted against cutting its base interest rate.

A painting by renowned Hungarian abstract artist Simon Hantaï was sold for 85 million Hungarian Forints at a contemporary art auction held by Virág Judit Gallery. This significant sale highlights the value of his work in the art market.

The Hungarian Forint began to weaken against the Euro, nearing 360, following a tender by the Hungarian National Bank (MNB).

The Hungarian Forint strengthened, increasing the likelihood of a June interest rate cut, while the Euro also saw gains against the US dollar.

The Hungarian Forint strengthened significantly against the Euro, reaching a four-year high and trading below 356. This marks a notable surge in the currency's value.

The significantly increased cost of personalized license plates, now nearly 600,000 Hungarian Forints, has made them less appealing to drivers in Hungary.

The Hungarian Forint's appreciation is easing consumer burden, with German discount chain Aldi passing on lower purchasing prices directly to consumers by reducing prices on over a hundred products.
A report indicates that young people in Hungary need approximately 500,000 Hungarian Forints per month to achieve financial security.

The Hungarian Forint's exchange rate has strengthened, dropping below 360 against the euro.

The Hungarian Forint initially strengthened against the Euro and Dollar, briefly falling below 362 and 307 respectively, before experiencing a slight weakening later in the day.

A 37-year-old Ferrari F40 with less than 1,800 kilometers driven is highlighted for its pristine condition and potential value of up to 1.5 billion Hungarian Forints.

The Hungarian Forint is showing signs of strengthening, approaching levels seen before the war-induced decline, while global oil prices have also decreased.

The new Omoda 7, a large Chinese plugin hybrid SUV, features a unique touch-sensitive sliding display and offers 279 horsepower for 16.4 million Hungarian Forints.

The euro-forint exchange rate saw significant fluctuations early Monday morning, with similar volatility expected throughout the day due to the uncertain international situation.

A family-run business at the Szeged wholesale market has been found to have evaded 700 million Hungarian Forints in VAT, primarily through vegetable trading.

The Hungarian forint has started the week weakly, with its exchange rate approaching 400 against the euro, reaching depths last seen in the summer of the previous year.

The Hungarian forint is showing volatility reminiscent of the 2022 energy crisis, with persistently high energy prices worsening the country's economic outlook due to its significant energy import dependency.

Amazon is set to invest $16 billion (16,000 billion Hungarian Forints) in OpenAI as part of a long-term strategic partnership announced in late February, with an initial installment of $15 billion and an additional $35 billion contingent on certain conditions.

The Hungarian Forint-Euro exchange rate briefly rose above 380 before correcting slightly, though it remains above its morning level.

British celebrity chef Gordon Ramsay has purchased a new hypercar worth 400 million Hungarian Forints, adding to his collection of unique vehicles.