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British pound to Hungarian forint exchange rates

Everything you need to know about the Hungarian forint and its rate against the British pound.


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Exchange rates last updated Monday, 27 May 2024 21:32:01 BST.

Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: Last month

Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 3 months

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Historical Rates for conversion of [FromCurrencyIso] to [ToCurrencyIso]: 12 months

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The latest on pound to Hungarian forint exchange rates

One British pound is currently worth 359.5704 HUF. 

To see the latest exchange rate and compare historic rates year on year, head over to our exchange rates page.

And for the lowdown on the history of the Hungarian forint, keep on reading!

The latest on pound to Hungarian forint exchange rates

Convert British Pound to Hungarian forint

From a quid to a couple grand, check out our Hungarian forint currency conversion table to see a quick snapshot of how much you will be taking on your trip.

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Need to convert your pounds to forint for an upcoming holiday?

If you need to convert your pounds to Hungarian Forint, it’s easy! Simply place your order online and you’ll be able to pick up your baht in store or have them delivered to your home.

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The lowdown on the Hungarian forint

The Hungarian forint gets its name from the city of Florence in Italy, where gold coins known as fiorino d’oro were minted from 1252. In Hungary, a gold-based currency known as florentinus was used from 1325.

By the time of the Austro-Hungarian Empire, the currency used between 1868 and 1892 was known as the florin in German and as the forint in Hungarian. From 1892 onwards, the Austro-Hungarian korona was the currency of the empire, until the end of the First World War in 1918 when, as part of the Treaty of Saint-Germain, the Austro-Hungarian Bank had to be liquidated and the korona had to be replaced with a different currency. In Hungary, this was the Hungarian korona.

When inflation rose to serious levels, the korona was replaced by the Hungarian pengő in 1927, at a rate of 12,500 korona to one pengő, and defined as 3,800 pengő to one kilogram of fine gold. The American Great Depression of the 1930s affected Hungarian agriculture and worsened the country’s debt, as did the onset of the Second World War.

By 1945, the pengő had suffered the highest rate of hyperinflation ever recorded, and had become basically worthless. The only way to save the Hungarian economy was to introduce another new currency: the Hungarian forint that’s still in use today. On 1st August 1946, the forint was introduced at a rate of 400,000,000,000,000,000,000,000,000,000 (that’s 400 octillion!) pengő to one forint, dropping 29 zeros from the old currency. The gold exchange rate was set at 13.21 forint per gram of gold.

A look back at British pound to Hungarian forint rates

Until 1972, the Hungarian forint steadily traded at a value of around 144 forint to the British pound. Over the next decade, the forint saw an increase in value, climbing all the way to 55 forint to the pound by 1987.

After the collapse of the Soviet Union in the early ‘90s, the former eastern bloc had to begin the transition from a planned economy to a market economy. Hungary lost nearly 70% of its export markets in Eastern and Central Europe, and the value of the forint began to tumble. In 1991, the forint was valued at 100 to the pound, continuing to fall to 200 by 1995, 300 by 1997, and 400 by the year 2000.

By 2001, the forint eventually began to stabilise and was declared fully convertible. Its value hovered below 400 forint to the pound, continuing up until the world financial crisis of 2008 hit.

Hungary’s economy has been showing signs of recovery since 2011, although the forint has been steadily rising against the pound once more, climbing back over 400 forint to the pound by the end of 2014. This is great news for your pounds however, meaning you’ll get more forint for your money than last year!

Travel Money Card for HUF

Travel Money Card for HUF

Another great option for spending in HUF is our Travelex Money Card.

  • Safe and secure - card not linked to your bank account
  • Choice of 22 currencies, including HUF
  • Seamless spending with Apple Pay and Google Pay 
  • Manage your Hungarian Forint effortlessly via the Travelex Money App
  • In case your card is lost, stolen, or damaged, our 24/7 global assistance team is here for you
Learn More

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