Thursday, March 30, 2017 8:43 AM
Currencies rates online for Hungarian Forint (HUF) to Chinese Renminbi (CNH).
Forex data is updating every 5 minutes.
In order to convert currencies, please go to Chinese Renminbi (CNH) to Hungarian Forint (HUF).
The currency converter uses the latest Forex exchange rates.
The Hungarian forint (symbol: Ft; currency code: HUF) is the official currency of Hungary. One (1) forint is equal to one hundred (100) fillér, although the circulation of fillér coins ceased in 1999.
The forint is issued by the Hungarian National Bank.
The Hungarian currency derives its name from the Italian city of Florence. It was adopted as official currency on August 1, 1946. The forint remained relatively stable until its devaluation in the early 1990s, yet has been fully convertible since 2001.
The Chinese renminbi (symbol: ¥; currency code: CNY, CNH – when traded in Hong Kong –) is the official currency of the People’s Republic of China. It is often abbreviated as RMB or CN¥, to distinguish between it and other currencies with the same symbol. The basic unit of the renminbi is the yuan, which is often employed to refer to the Chinese currency in general. One (1) yuan is equal to ten (10) jiao, and one (1) jiao is equal to ten (10) fen.
The renminbi is issued by the People’s Bank of China and, as of 2015, is the fifth most heavily traded currency in the world.
During the Republic of China era, several different currencies were in circulation. These were replaced by one currency in 1948, issued by the People’s Bank of China after the Communist Party of China gained greater control. This currency eventually came to be known as the renminbi in 1949.