Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Hooked Protocol

Hooked Protocol to Hungarian Forint Converter and calculator

Convert 1Hooked Protocol (HOOK) to Hungarian Forint (HUF) equals Ft 295.32 | Bitget
HOOK
HOOK
swap
HUF
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Hooked Protocol(HOOK) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 HOOK at a value of 1 HOOK for 295.32 HUF . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

HUF 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.

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

HOOK to HUF conversion rate trend

1D7D1M3M1YAll
In the past 1D, Hooked Protocol has changed -1.79% to HUF. Based on the trend and price charts, Hooked Protocol(HOOK) has changed -1.79% to HUF while Hungarian Forint(HUF) has changed % to HOOK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ft297.12
0.0001% / 0.0004%vip-iconVIP
Binance
Ft296.98
0.1000% / 0.1000%
Yes
Gate.io
Ft296.59
0.1000% / 0.1000%
Yes
Bybit
Ft296.91
0.1000% / 0.1000%
Yes
Last updated 2024/05/18 13:00:21(UTC+0)

How to buy Hooked Protocol

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Hooked Protocol (HOOK)
Use a variety of payment options to buy Hooked Protocol on Bitget. We'll show you how.

What factors influence the conversion rate of Hooked Protocol to Hungarian Forint?

Hooked Protocol to Hungarian Forint is falling this week.
Hooked Protocol's current market price is Ft 295.32 per HOOK, with a total market cap of Ft 44,333,840,084.01 HUF based on a circulating supply of 150,120,930 HOOK. The trading volume of Hooked Protocol has changed by -11.80% (Ft -265,032,264.17 HUF) in the last 24 hours. Last trading day, HOOK's trading volume was Ft 2,245,160,904.81.
Market cap
$124.49M
24h volume
$5.56M
Circulating supply
150.12M HOOK

Conversion tables

The exchange rate of Hooked Protocol is decreasing.
1 HOOK is currently valued at Ft 295.32 HUF , which means buying 5 HOOK will cost Ft 1,476.6 HUF . Similarly, Ft1 HUF can be traded for 0.003386 HOOK, and Ft50 HUF can be converted to 0.1693 HOOK, excluding any platform or gas fees.
The exchange rate of 1 HOOK to Hungarian Forint has changed by -2.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.79%, reaching a high of 306.1 HUF and a low of 294.39 HUF . One month ago, the value of 1 HOOK was Ft 320.54 HUF , which represents a -7.90% change from its current value. Over the last year, Hooked Protocol has changed by
-Ft
241.32HUF
, resulting in a change of -45.06% in its value.

HOOK to HUF

Amount
13:59 today
0.5 HOOK
Ft147.66
1 HOOK
Ft295.32
5 HOOK
Ft1,476.6
10 HOOK
Ft2,953.21
50 HOOK
Ft14,766.04
100 HOOK
Ft29,532.09
500 HOOK
Ft147,660.43
1000 HOOK
Ft295,320.87

HUF to HOOK

Amount13:59 today
0.5HUF0.001693  HOOK
1HUF0.003386  HOOK
5HUF0.01693  HOOK
10HUF0.03386  HOOK
50HUF0.1693  HOOK
100HUF0.3386  HOOK
500HUF1.69  HOOK
1000HUF3.39  HOOK
Buy Hooked Protocol for 1 HUF
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Hooked Protocol now

Today vs. 24 hours ago

Amount13:59 today24 hours ago24h change
0.5 HOOK$0.4146$0.4221
-1.79%
1 HOOK$0.8292$0.8443
-1.79%
5 HOOK$4.15$4.22
-1.79%
10 HOOK$8.29$8.44
-1.79%
50 HOOK$41.46$42.21
-1.79%
100 HOOK$82.92$84.43
-1.79%
500 HOOK$414.62$422.13
-1.79%
1000 HOOK$829.24$844.26
-1.79%

Today vs. 1 month ago

Amount13:59 today1 month ago1M change
0.5 HOOK$0.4146$0.4500
-7.90%
1 HOOK$0.8292$0.9001
-7.90%
5 HOOK$4.15$4.5
-7.90%
10 HOOK$8.29$9
-7.90%
50 HOOK$41.46$45
-7.90%
100 HOOK$82.92$90.01
-7.90%
500 HOOK$414.62$450.03
-7.90%
1000 HOOK$829.24$900.06
-7.90%
Buy Hooked Protocol for 1 HUF
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Hooked Protocol now

Today vs. 1 year ago

Amount13:59 today1 year ago1Y change
0.5 HOOK$0.4146$0.7534
-45.06%
1 HOOK$0.8292$1.51
-45.06%
5 HOOK$4.15$7.53
-45.06%
10 HOOK$8.29$15.07
-45.06%
50 HOOK$41.46$75.34
-45.06%
100 HOOK$82.92$150.69
-45.06%
500 HOOK$414.62$753.43
-45.06%
1000 HOOK$829.24$1,506.85
-45.06%

Hooked Protocol price prediction

What will the price of HOOK be in 2025?

Based on HOOK's historical price performance prediction model, the price of HOOK is projected to reach $1.35 in 2025.

What will the price of HOOK be in 2030?

In 2030, the HOOK price is expected to rise by 0.00%. By the end of 2030, the HOOK price is projected to reach $1.88, with a cumulative ROI of +127.01%.
Buy Hooked Protocol for 1 HUF
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Hooked Protocol now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Hooked Protocol for 1 HUF
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Hooked Protocol now
Buy Hooked Protocol for 1 HUF
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Hooked Protocol now

FAQ

Buy Hooked Protocol for 1 HUF

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Hooked Protocol now
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.