What Is the HUF to INR Rate Today?

Skydo gives the highest INR on HUF 1,600,000 today among the platforms with full published pricing for HUF. The table ranks those platforms by INR received, then lists other platforms that accept HUF, which are never ranked. Fees were checked on 30 Sept 2026.

Hungarian clients usually pay by SWIFT transfer, in HUF, EUR or USD. Your AD bank converts the payment to rupees or credits an EEFC account in a currency it supports. FEMA export rules require service payments within nine months of invoice.

A rate history is not shown for HUF because the European Central Bank does not publish a HUF reference rate, and this page does not mix sources in one chart. The Hungarian forint floats. The ECB Convergence Report of June 2026 says the forint traded under a flexible exchange rate regime and did not join ERM II. The Magyar Nemzeti Bank targets inflation of 3 percent, plus or minus 1 point, using its central bank base rate. The target moves to 2.5 percent from 2028.

Each row applies the platform's published fee, FX markup and 18% GST on the fee to the mid-market rate of ₹0.2934 for 4 Nov 2026.

HUF/INR is a thinly traded pair, so banks often build the rate from HUF against EUR or USD and USD/INR, adding a margin on each leg. A client converting forints to dollars before sending adds another spread. Large forint amounts also mean small rate differences matter, so compare the full rupee amount received.

Say a bank converts HUF 1,600,000 at a TT buying rate 1.5% below the mid-market rate of ₹0.2934. It credits about ₹4,62,387 instead of ₹4,69,428, a difference of ₹7,041 before any fees. The 1.5% is an illustration, not a quote from any bank.

Search engines show the mid-market rate, the midpoint between buying and selling prices. A card rate is a bank's own rate for card transactions, and a TT buying rate is the rate a bank pays when it buys foreign currency received by wire. Both sit below the mid-market rate.

The Hungarian forint floats. The ECB Convergence Report of June 2026 says the forint traded under a flexible exchange rate regime and did not join ERM II. The Magyar Nemzeti Bank targets inflation of 3 percent, plus or minus 1 point, using its central bank base rate. The target moves to 2.5 percent from 2028.

• Interest rates: The Monetary Council of the MNB sets the central bank base rate at its rate-setting meetings. Changes in the base rate affect capital flows and the forint against the euro.
• Politics: The ECB Convergence Report of June 2026 notes the forint appreciated strongly after parliamentary elections in mid-April 2026. Policy news can move HUF sharply.
• Energy prices: The ECB report says Hungary is vulnerable to global energy shocks, made worse by limited diversification of its energy supply. Energy price shocks can shift rate expectations and the forint.
• Risk sentiment: The ECB report found the forint showed relatively high volatility against the euro over the two years to June 2026, partly on swings in investor sentiment.
• RBI action: The rupee side of HUF/INR moves with USD/INR. Indian rates, inflation and RBI market operations shape that side.

Many exporters convert HUF at spot on receipt, or ask clients to pay in EUR or USD instead. Forwards involving INR are permitted for hedging, but HUF is not among the INR pairs traded on Indian exchanges and direct HUF/INR quotes may be scarce. Holding HUF in EEFC depends on whether your bank offers it.

• Spot: Converts the payment when it arrives, at your AD bank's rate. Compare the HUF quote with the EUR or USD route before agreeing the invoice currency.
• Forward: AD banks may offer deliverable forwards involving INR for hedging. A user may hedge contracted exposure up to USD 100 million equivalent across banks without first proving it, and may cancel and rebook freely, under RBI Master Direction on Risk Management and Inter-Bank Dealings. Exchange-traded INR contracts in India cover only USD, EUR, GBP and JPY.
• Limit order: Some AD banks accept a target rate for conversion. For HUF this is less common, so confirm with your bank.
• EEFC holding: An EEFC account can hold up to 100 percent of export earnings in foreign currency and pays no interest. Each calendar month's credits must be converted to rupees by the last day of the next month, after approved uses or forward commitments, under para 3.1 of RBI Master Direction on Deposits and Accounts.

• Choose currency: Ask your AD bank for its HUF/INR, EUR/INR and USD/INR margins, then agree with the client on the invoice currency with the narrowest total margin.
• Compare quotes: Check the rate your bank applied against the mid-market rate shown on this page for the same date.
• Ask about charges: Agree in the contract who pays SWIFT sender, intermediary and receiving charges.
• Watch MNB dates: The Monetary Council holds eight rate-setting meetings a year. Avoid converting large HUF sums just before one unless you have hedged.

Compare platforms side by side on the compare page, or check every currency on the currency convertor.

• Feed: XE live mid-market rates, published live; this site refreshes it every 15 minutes. The page refreshes at most hourly.
• Markup: Markup is the gap between a platform's rate and the mid-market rate, taken from each platform's own published pricing. GST of 18% applies to fees where the platform says so.
• Stale data: If the feed fails, the page shows no rate and pauses the calculator rather than showing an old rate as current.
• Method: The full formula is on the methodology page.

Rates come from XE live mid-market rates, dated 4 Nov 2026. Platform pricing was checked on each platform's own pages on 30 Sept 2026 or later. Currency facts are linked to official sources below.

1. XE live mid-market rates (checked 4 Nov 2026)
2. European Central Bank: Convergence Report, June 2026, Section 4.2 and 5.2 Hungary: forint did not participate in ERM II but traded under a flexible exchange rate regime with relatively high volatility; strong appreciation after parliamentary elections in mid-April 2026; inflation sensitive to limited diversification of energy supply; Hungary particularly vulnerable to global energy shocks, exacerbated by limited diversification of its energy supply (checked 8 Oct 2026)
3. Magyar Nemzeti Bank: Inflation targeting, MNB meets its inflation target by changing the central bank base rate, set by the Monetary Council; 3 per cent target with +/-1 point band; target set at 2.5 percent from 1 January 2028 (checked 8 Oct 2026)
4. RBI: Foreign Exchange Management (Export and Import of Goods and Services) Regulations, 2026, as amended by FEMA 23(R)/(1)/2026-RB of 22 September 2026, Regulation 5(1)(a): export value of services to be realised and repatriated within nine months from the date of invoice (checked 8 Oct 2026)
5. RBI Master Direction - Risk Management and Inter-Bank Dealings (updated as on 1 October 2026), Directions 2.2 to 2.4 for OTC transactions: forwards for retail users, deliverable INR derivatives for hedging, USD 100 million contracted exposure without establishing exposure, free cancel and rebook; para 3.2: exchange-traded INR pairs are USD-INR, EUR-INR, GBP-INR and JPY-INR (checked 8 Oct 2026)
6. RBI Master Direction - Deposits and Accounts (updated as on 2 September 2026), Para 3.1: EEFC credits up to 100 percent of foreign exchange earnings; non-interest bearing; accruals in a calendar month converted into rupees by the last day of the succeeding month after approved uses or forward commitments (checked 8 Oct 2026)