Trade Responsibly. Trade Responsibly.CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.60% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

USDHUF - US Dollar / Hungarian Forint

Swap Short: 36.481 PointsSwap Long: -162.2493 Points
Low: 349.120Spread MT5 floatingHigh: 356.942
Global Stock Exchanges Session Times
Sydney
3:11 am (Local)
Opens in 6h 39m
Tokyo
1:11 am (Local)
Opens in 7h 49m
London
5:11 pm (Local)
Opens in 14h 49m
New York
12:11 pm (Local)
Closes in 3h 49m

USDHUF Trading Chart

D1
W1
M1
No chart data
Past performance is not a guarantee or prediction of future performance.

Trading Conditions

Platform
cTrader
cTrader
MT4
MT5
Execution
Market Execution
Market Execution
cTraderSpreads + 0.35$ per 10K traded
Minimum: 465.00Average: 1,355.10
Market Hours*Open Now
Market Hours*Open Now
Limit and Stop Level0 points
Used Margin (1:100 leverage rate) in US Dollar1000 HUF X USDHUF Rate
Minimum contract size1000 USD (0.01 lots)
Minimum step for increasing contract size1000 USD
Margin requirements to open a lock position *0

* Only if Margin Level > 100%

The average spreads provided for each platform are updated on a daily basis to reflect the average for the previous day. Though FxPro attempts to provide competitive spreads during all trading hours, clients should note that these may vary and are susceptible to underlying market conditions. The above is provided for indicative purposes only. Clients are advised to check important news announcements on our Economic Calendar, which may result in the widening of spreads, amongst other instances.

The above spreads are applicable under normal trading conditions. FxPro has the right to amend the above spreads according to market conditions as per the 'Terms and Conditions of Business'.

The USD/HUF combination links an important European currency to a major global currency, in the forms of the Hungarian forint and the American dollar. The pair is heavily influenced by the economic performances of these two nations, and thanks to the varied factors that influence them, it tends to be volatile, hard to predict and high risk. This renders the combination largely unsuitable for novices, yet it means that it poses an ideal investment for the experienced trader with a high risk threshold and an eye for opportunity.

In 2001, the Hungarian forint was tied to the Euro. Already in 2008, the National Bank of Hungary refused to bind the forint in order to make the national currency exchange rate stronger and reduce inflation as well (the strongest inflation in Hungary in 1946 was about 400% per day). The main factors that may affect the exchange rate of USD/HUF is the situation in the USA and in Hungary itself.

If you are interested in trading the USD/HUF currency pair, contact FxPro today and open trading account in several minutes to test your trading strategy.