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PENG to HUF Converter and calculator

PENG/HUF: 1 PENG = 5.34 HUF. The price of converting 1 Peng (PENG) to Hungarian Forint (HUF) is 5.34 HUF today.
PENG
PENG
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PENG to HUF real-time exchange rates, making it easy to convert Peng (PENG) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 PENG is currently valued at 5.34 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PENG is currently valued at 5.34 HUF, which means buying 5 PENG would cost 26.69 HUF. Similarly, Ft1 HUF can be converted to 0.1873 PENG, and Ft50 HUF can be converted to 0.9367 PENG, excluding any platform or gas fees.

Convert PENG to HUF

Convert HUF to PENG

Peng
Hungarian Forint
1 PENG
5.34  HUF
Exchange 1 PENG for 5.34 HUF
2 PENG
10.68  HUF
Exchange 2 PENG for 10.68 HUF
5 PENG
26.69  HUF
Exchange 5 PENG for 26.69 HUF
10 PENG
53.38  HUF
Exchange 10 PENG for 53.38 HUF
20 PENG
106.76  HUF
Exchange 20 PENG for 106.76 HUF
50 PENG
266.91  HUF
Exchange 50 PENG for 266.91 HUF
100 PENG
533.81  HUF
Exchange 100 PENG for 533.81 HUF
200 PENG
1,067.62  HUF
Exchange 200 PENG for 1,067.62 HUF
500 PENG
2,669.05  HUF
Exchange 500 PENG for 2,669.05 HUF
1000 PENG
5,338.1  HUF
Exchange 1000 PENG for 5,338.1 HUF
5000 PENG
26,690.51  HUF
Exchange 5000 PENG for 26,690.51 HUF
10000 PENG
53,381.01  HUF
Exchange 10000 PENG for 53,381.01 HUF
In the table above, you'll find a comprehensive PENG to HUF converter that shows the value of Peng in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 PENG to HUF, all the way up to 10000 PENG, providing a clear view of their respective values.
Hungarian Forint
Peng
1 HUF
0.1873 PENG
Exchange 1 HUF for 0.1873 PENG
10 HUF
1.87 PENG
Exchange 10 HUF for 1.87 PENG
50 HUF
9.37 PENG
Exchange 50 HUF for 9.37 PENG
100 HUF
18.73 PENG
Exchange 100 HUF for 18.73 PENG
200 HUF
37.47 PENG
Exchange 200 HUF for 37.47 PENG
500 HUF
93.67 PENG
Exchange 500 HUF for 93.67 PENG
1000 HUF
187.33 PENG
Exchange 1000 HUF for 187.33 PENG
2000 HUF
374.67 PENG
Exchange 2000 HUF for 374.67 PENG
5000 HUF
936.66 PENG
Exchange 5000 HUF for 936.66 PENG
10000 HUF
1,873.33 PENG
Exchange 10000 HUF for 1,873.33 PENG
50000 HUF
9,366.63 PENG
Exchange 50000 HUF for 9,366.63 PENG
100000 HUF
18,733.25 PENG
Exchange 100000 HUF for 18,733.25 PENG
In the table above, you'll find a comprehensive HUF to PENG converter that shows the value of Hungarian Forint in Peng across commonly used conversion amounts. The list covers conversions from 1 HUF to PENG, all the way up to 100000 HUF, providing a clear view of their respective values.

PENG to HUF chart

PENG/HUF: 1 PENG = 5.34 HUF; 2025/08/14 13:12:31
In the past 1D, Peng has changed -6.80% to HUF. Based on the trend and price charts, Peng(PENG) has changed -6.80% to HUF while Hungarian Forint(HUF) has changed % to PENG in the last 24 hours.
1D7D1M3M1YAll

PENG to HUF conversion data: Volatility and price changes of Peng in HUF

The highest Peng price in HUF over the past 7 days was 5.79 HUF while the lowest Peng price in HUF over the past 7 days was 5.02 HUF. The relative change between the highs and lows in Peng price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and PENG to HUF prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
5.71 HUF
5.79 HUF
8.55 HUF
9.98 HUF
Low
5.29 HUF
5.02 HUF
4.91 HUF
4.6 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
-6.80%
-5.54%
-11.78%
-43.45%

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Peng information

PENG to HUF market statistics

PENG/HUF:
Ft5.34
PENG 24h volume:
Ft70,573,934.93
PENG market cap:
Ft533,809,973.44
PENG circulating supply:
100.00M PENG

Current PENG to HUF exchange rate

Peng to Hungarian Forint is falling this week.
Peng's current market price is Ft5.34 per PENG, with a total market cap of Ft533,809,973.44 HUF based on a circulating supply of 99,999,976 PENG. The trading volume of Peng has changed by +4.58% (Ft3,092,343.91 HUF) in the last 24 hours. Last trading day, PENG's trading volume was Ft67,481,591.02.

More info about Peng on Bitget

Hungarian Forint information

About the Hungarian Forint (HUF)

What Is the Hungarian Forint (HUF)?

The Hungarian Forint (HUF), symbolized as Ft, is the national currency of Hungary. It was introduced in 1946 to stabilize the Hungarian economy after World War II, replacing the pengő which had suffered from extreme hyperinflation. The Hungarian Forint is the sole legal tender in Hungary.

The Hungarian Forint is issued and managed by the Hungarian National Bank, known in Hungarian as Magyar Nemzeti Bank. This central bank of Hungary is responsible for maintaining the stability of the national currency, controlling its circulation, and implementing monetary policy in alignment with the country's economic objectives. The Hungarian National Bank plays a crucial role in the financial system of Hungary, including the issuance of banknotes and coins in various denominations of the Forint.

What Is the History of HUF?

The Forint’s name originates from the city of Florence, where gold coins, known as fiorino d'oro, were minted from 1252. Hungary adopted a similar gold-based currency, the Florentinus, under Charles Robert in 1325. The forint was also the currency of the Austro-Hungarian Empire between 1868 and 1892. The modern Forint was reintroduced on August 1, 1946, replacing the pengő, which had suffered from severe hyperinflation post-World War II.

Notes and Coins of HUF

Hungarian banknotes are issued in denominations of 500, 1000, 2000, 5000, 10,000, and 20,000 forints, each featuring prominent Hungarian historical figures and landmarks. Coins come in 5, 10, 20, 50, 100, and 200 forint denominations. The Forint was initially subdivided into 100 fillér, but these coins were phased out due to inflation.

Economic Stability and Exchange Rates

The economic stability of the Hungarian Forint (HUF) has been a journey of significant transformation, especially since the fall of communism and Hungary's transition to a market economy. In the early 1990s, this shift brought about considerable inflation, peaking at 35% in 1991. However, the subsequent years saw a stabilization effort, with inflation dropping to single digits between 2001 and 2022. This period of relative stability was disrupted in February 2023 when inflation climbed to 25.80%, influenced by global economic factors such as the war in Ukraine and broader economic uncertainties. Despite these challenges, the Forint has maintained its status as a fully convertible currency, crucial for Hungary's trade and economic relations.

The exchange rate of the Hungarian Forint has seen fluctuations reflective of both domestic economic policies and global financial trends. As Hungary is a member of the European Union but has not adopted the Euro, the Forint’s value against the Euro and other major currencies like the U.S. dollar is a critical economic indicator

Why Doesn’t Hungary Use the Euro?

Hungary has not adopted the Euro for several reasons, despite initial plans to do so. Initially, Hungary aimed to replace the Hungarian Forint with the Euro around 2007 or 2008, later targeting January 1, 2010. However, these plans were abandoned due to high budget deficits, inflation, and public debt, preventing Hungary from meeting the Maastricht criteria. The global financial crisis of 2008 further complicated matters, despite aid from the IMF, EU, and World Bank. The Fidesz government, elected in 2010, has shown a soft Eurosceptic stance, maintaining the Forint and postponing discussions about adopting the Euro. Prime Minister Viktor Orbán stated that Euro adoption would not be considered until Hungary's public debt reached a 50% threshold, a significant reduction from its level in 2011.

Additionally, broader reasons why some EU countries, including Hungary, choose not to adopt the Euro involve maintaining financial independence. This independence allows for control over key issues like setting monetary policy, handling national debt, modulating inflation, and the ability to devalue the currency in certain circumstances. The European Central Bank sets economic and monetary policies for all Eurozone nations, which means individual states lack the independence to craft policies tailored to their own conditions. This lack of economic independence and the desire to maintain control over national financial policies contribute to Hungary's decision to retain the Forint instead of adopting the Euro.

Bitget crypto-to-fiat exchange data shows that the most popular Peng currency pair is the PENG to HUF, with for Peng's currency code being PENG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

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How to convert PENG to HUF

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PENG to HUF Conversion tables

The exchange rate of Peng is decreasing.
The exchange rate of 1 PENG to Hungarian Forint has changed by -5.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.80%, reaching a high of 5.71 HUF and a low of 5.29 HUF . One month ago, the value of 1 PENG was Ft6.05 HUF , which represents a -11.78% change from its current value. Over the last year, Peng has changed by
-Ft
42.41HUF
, resulting in a change of -88.90% in its value.
24 hours ago1 month ago1 year ago
Amount 13:12 today 24 hours ago 24h change
0.5 PENG
Ft2.67Ft2.86
-6.80%
1 PENG
Ft5.34Ft5.72
-6.80%
5 PENG
Ft26.69Ft28.62
-6.80%
10 PENG
Ft53.38Ft57.24
-6.80%
50 PENG
Ft266.91Ft286.22
-6.80%
100 PENG
Ft533.81Ft572.43
-6.80%
500 PENG
Ft2,669.05Ft2,862.15
-6.80%
1000 PENG
Ft5,338.1Ft5,724.31
-6.80%

PENG to HUF FAQ

How much is 1 Peng in HUF?
Right now, the price of 1 Peng (PENG) in Hungarian Forint (HUF) is Ft5.34.
How much PENG can I buy for 1 HUF?
Based on the current exchange rate, you can get 0.1873 PENG for 1 HUF.
How do I calculate or convert PENG to HUF?
You can use our PENG to HUF calculator at the top of this page to convert any amount of PENG to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 0.9367 PENG, while 5 PENG will cost around 26.69HUF.
What is the highest price of PENG/HUF in history?
The all-time high price of 1 PENG in HUF is Ft725.75. It remains to be seen if the value of 1 PENG/HUF will exceed the current all-time high.
What is the price trend of Peng in HUF?
Over the past 7 days, the exchange rate of Peng (PENG) has gone down by 5.54%.   Over the last month, the exchange rate of Peng (PENG) has gone down by 11.78% against Hungarian Forint (HUF).

What factors influence the conversion rate of PENG to HUF?

There are many factors that affect the relationship between Peng and Hungarian Forint, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PENG/HUF. When there is positive news in the market about the widespread adoption of PENG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PENG/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PENG/HUF.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PENG/HUF. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Peng and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Peng currency pairs: PENG to US Dollar (USD), PENG to Euro (EUR), PENG to Pound Sterling (GBP), PENG to Canadian Dollar (CAD), PENG to Indian Rupee (INR), PENG to Pakistani Rupee (PKR), PENG to Brazilian Real (BRL), PENG to…
The price of Peng in the US is $0.01578 USD. Additionally, Peng’s price is €0.01352 EUR in the eurozone, £0.01163 GBP in the UK, C$0.02176 CAD in Canada, ₹1.38 INR in India, ₨4.48 PKR in Pakistan, R$0.08519 BRL in Brazil, and more.
The most popular Peng currency pair is the PENG to Hungarian Forint(HUF). The price of 1 Peng (PENG) in Hungarian Forint (HUF) is Ft5.34.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.