Best British Pounds to Hungarian Forint Exchange Rate Today (2024)

FAQs

Best British Pounds to Hungarian Forint Exchange Rate Today? ›

For this reason, it is better to exchange local currency and always keep some Forint on you. Popular tourist places like Vaci Street sometimes have people on the street offering to exchange your foreign money to Forints – they most probably offer you a fake exchange rate, so be careful with giving them money.

For this reason, it is better to exchange local currency and always keep some Forint on you. Popular tourist places like Vaci Street sometimes have people on the street offering to exchange your foreign money to Forints – they most probably offer you a fake exchange rate, so be careful with giving them money.

The exchange rates at the airport, train stations or at the hotel reception are in most cases significantly worse than in the city. The rule described at the beginning also applies to the ATMs at the airport: do not accept the exchange rate offered, but choose the amount in forints.

How many forint do you need for a day in Budapest? 20–30,000 HUF per person will be enough. Eating in restaurant, paying for public transport, having drinks, coffee etc. You can do it cheaper but that amount will be enough for sure unless you are really fancying expensive places.

For the privilege of getting forints in your wallet while you are in the UK, the FX or bank will likely charge you quite a lot compared to being here in Budapest where you get a much more competitive exchange rate because they want to exchange the forint for stronger, more stable currencies.

If you're a budget traveler, you can expect to spend around $40 to $60 per day in Hungary, including accommodation, transportation, meals, and activities. On the other hand, if you're a mid-range traveler looking for a bit more comfort and indulgence, you can plan to spend around $80 to $120 per day.

Credit and Debit Cards

Since in Hungary the banks issue most cards belonging to MasterCard, Maestro or Visa, these are the most widely accepted bank cards. Many shops do not accept Amex or Diners Club cards, because these cards are not common in Hungary, and transaction fees are high.

Is it better to have cash or card in Budapest? ›

The Card Advantage

Hungary, especially Budapest, has embraced card payments, with the majority of establishments accepting cards, even in smaller shops and bars. Using your card for most transactions is convenient and widely accepted. However, it's essential to be mindful of potential fees from your bank.

Of course vendors are happy to accept EUR, they'll make more money off you since each company determines its own exchange rate. Hungary's official currency is the Hungarian Forint (HUF), only use that. Avoid using EUR here unless you want to pay more for the same thing.

The Hungarian currency is the Forint (Ft, HUF). US dollars are not accepted. If you find prices quoted in Euros, which may be accepted in some larger locations, always ask their exchange rates.

Hungary is extremely dependent on imports, especially energy – which is generally purchased with foreign currency. This means that when energy prices are high, the purchasing demand for Hungarian forint on the currency market rises, which negatively affects its exchange rate.

Best British Pound / Hungarian Forint Exchange Rate Today: 449.7000.

1 USD in Hungary gets you 358.72 HUF.