• Home
• Channel: Finance
• New Historic Low: Forint Just Dropped Past 399 to Euro

New Historic Low: Forint Just Dropped Past 399 to Euro

• 7 Mar 2022 1:45 PM

HUF dropped as low as 399.56 to the euro around 10 am CET today, yet another historical low recorded after it fell heavily last week.

The Hungarian National bank (MNB) announced that it was ready to intervene at any time to keep the currency stable.

The forint’s plunging is clearly a consequence of Hungary’s exposure to the Russian-Ukrainian war, as evidenced by the fall of all regional currencies as well.

Related links

Hungarian Forint Recovers After Reaching New Historical Low

Forint Recovers from Historic Low

Hungarian Central Bank Raises Leading Rate to 5.35%

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Forint

Explore More Reports

Why Unanimous Vote at Hungary’s Central Bank Keeps Base Rate Steady

• 16 Apr 2026 1:07 PM

The Monetary Council of the National Bank of Hungary (NBH) voted unanimously to keep the central bank's base rate on hold at 6.25pc at a meeting in March, minutes released on Wednesday show.



Currency Insight: Forint Hits 4-Year High After Election Result

• 14 Apr 2026 5:50 AM

The forint firmed to a four-year high against the euro on Monday, after a landslide election victory by the Tisza Party. The forint traded at 363.12 to the euro around 5:00 in the evening on Monday, advancing from 375.13 late Friday.



Special 50 Forint Coin Enters Circulation in Hungary

• 8 Apr 2026 10:50 AM

Visitors to Budapest may currently find a small piece of Hungarian history in their pockets, arriving as simple change from a coffee or a tram ticket. The Magyar Nemzeti Bank (MNB) has released a special commemorative 50-forint coin into general circulation, marking a significant anniversary for one of the country’s most revered figures.



Oil Price Surge Threatens Hungarian Forint

• 3 Mar 2026 12:46 PM

A sustained 10% rise in oil prices could lift inflation by 0.5% in Romania and 0.45% in Hungary, according to an analysis by ING bank underlining the vulnerability of energy-importing economies in Central and Eastern Europe.