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SMT to HUF Converter and calculator

SMT/HUF: 1 SMT = 17.2 HUF. The price of converting 1 Swarm Markets (SMT) to Hungarian Forint (HUF) is 17.2 HUF today.
SMT
SMT
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SMT to HUF real-time exchange rates, making it easy to convert Swarm Markets (SMT) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 SMT is currently valued at 17.2 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SMT is currently valued at 17.2 HUF, which means buying 5 SMT would cost 85.99 HUF. Similarly, Ft1 HUF can be converted to 0.05815 SMT, and Ft50 HUF can be converted to 0.2907 SMT, excluding any platform or gas fees.

Convert SMT to HUF

Convert HUF to SMT

Swarm Markets
Hungarian Forint
100 SMT
1,719.79  HUF
200 SMT
3,439.57  HUF
500 SMT
8,598.93  HUF
1000 SMT
17,197.86  HUF
5000 SMT
85,989.3  HUF
10000 SMT
171,978.6  HUF
In the table above, you'll find a comprehensive SMT to HUF converter that shows the value of Swarm Markets in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 SMT to HUF, all the way up to 10000 SMT, providing a clear view of their respective values.
Hungarian Forint
Swarm Markets
100000 HUF
5,814.68 SMT
In the table above, you'll find a comprehensive HUF to SMT converter that shows the value of Hungarian Forint in Swarm Markets across commonly used conversion amounts. The list covers conversions from 1 HUF to SMT, all the way up to 100000 HUF, providing a clear view of their respective values.

SMT to HUF chart

SMT/HUF: 1 SMT = 17.2 HUF; 2025/06/20 18:03:06
In the past 1D, Swarm Markets has changed +1.61% to HUF. Based on the trend and price charts, Swarm Markets(SMT) has changed +1.61% to HUF while Hungarian Forint(HUF) has changed % to SMT in the last 24 hours.
1D7D1M3M1YAll

SMT to HUF conversion data: Volatility and price changes of Swarm Markets in HUF

The highest Swarm Markets price in HUF over the past 7 days was 21.71 HUF while the lowest Swarm Markets price in HUF over the past 7 days was 16.8 HUF. The relative change between the highs and lows in Swarm Markets price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and SMT 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
18.9 HUF
21.71 HUF
36.19 HUF
41.45 HUF
Low
16.92 HUF
16.8 HUF
16.8 HUF
16.8 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+1.61%
-14.80%
-39.94%
-34.97%

Swarm Markets information

SMT to HUF market statistics

SMT/HUF:
Ft17.2
SMT 24h volume:
Ft42,461,403.13
SMT market cap:
Ft1,443,579,742.64
SMT circulating supply:
83.94M SMT

Current SMT to HUF exchange rate

Swarm Markets to Hungarian Forint is falling this week.
Swarm Markets's current market price is Ft17.2 per SMT, with a total market cap of Ft1,443,579,742.64 HUF based on a circulating supply of 83,939,496 SMT. The trading volume of Swarm Markets has changed by -0.80% (Ft-343,984.09 HUF) in the last 24 hours. Last trading day, SMT's trading volume was Ft42,805,387.22.

More info about Swarm Markets 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 Swarm Markets currency pair is the SMT to HUF, with for Swarm Markets's currency code being SMT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

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How to convert SMT to HUF

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SMT to HUF Conversion tables

The exchange rate of Swarm Markets is decreasing.
The exchange rate of 1 SMT to Hungarian Forint has changed by -14.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.61%, reaching a high of 18.9 HUF and a low of 16.92 HUF . One month ago, the value of 1 SMT was Ft28.63 HUF , which represents a -39.94% change from its current value. Over the last year, Swarm Markets has changed by
-Ft
148.09HUF
, resulting in a change of -89.60% in its value.
24 hours ago1 month ago1 year ago
Amount 18:03 today 24 hours ago 24h change
0.5 SMT
Ft8.6Ft8.46
+1.61%
1 SMT
Ft17.2Ft16.92
+1.61%
5 SMT
Ft85.99Ft84.62
+1.61%
10 SMT
Ft171.98Ft169.25
+1.61%
50 SMT
Ft859.89Ft846.24
+1.61%
100 SMT
Ft1,719.79Ft1,692.47
+1.61%
500 SMT
Ft8,598.93Ft8,462.36
+1.61%
1000 SMT
Ft17,197.86Ft16,924.72
+1.61%

SMT to HUF FAQ

How much is 1 Swarm Markets in HUF?
Right now, the price of 1 Swarm Markets (SMT) in Hungarian Forint (HUF) is Ft17.2.
How much SMT can I buy for 1 HUF?
Based on the current exchange rate, you can get 0.05815 SMT for 1 HUF.
How do I calculate or convert SMT to HUF?
You can use our SMT to HUF calculator at the top of this page to convert any amount of SMT to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 0.2907 SMT, while 5 SMT will cost around 85.99HUF.
What is the highest price of SMT/HUF in history?
The all-time high price of 1 SMT in HUF is Ft1,041.7. It remains to be seen if the value of 1 SMT/HUF will exceed the current all-time high.
What is the price trend of Swarm Markets in HUF?
Over the past 7 days, the exchange rate of Swarm Markets (SMT) has gone down by 14.80%.   Over the last month, the exchange rate of Swarm Markets (SMT) has gone down by 39.94% against Hungarian Forint (HUF).

What factors influence the conversion rate of SMT to HUF?

There are many factors that affect the relationship between Swarm Markets 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 SMT/HUF. When there is positive news in the market about the widespread adoption of SMT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SMT/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SMT/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 SMT/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 Swarm Markets 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 Swarm Markets currency pairs: SMT to US Dollar (USD), SMT to Euro (EUR), SMT to Pound Sterling (GBP), SMT to Canadian Dollar (CAD), SMT to Indian Rupee (INR), SMT to Pakistani Rupee (PKR), SMT to Brazilian Real (BRL), SMT to…
The price of Swarm Markets in the US is $0.04916 USD. Additionally, Swarm Markets’s price is €0.04268 EUR in the eurozone, £0.03650 GBP in the UK, C$0.06750 CAD in Canada, ₹4.26 INR in India, ₨13.96 PKR in Pakistan, R$0.2706 BRL in Brazil, and more.
The most popular Swarm Markets currency pair is the SMT to Hungarian Forint(HUF). The price of 1 Swarm Markets (SMT) in Hungarian Forint (HUF) is Ft17.2.

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