Hungarian forint at an all-time low against the euro and the dollar

The forint reached an all-time low against the euro and the dollar on Monday.

The euro was at a record high of 401.43 forints and the dollar at 384.54 forints early Monday afternoon. Compared to last week’s start, the forint is 2.4 percent weaker against the euro and 5.2 percent weaker against the dollar.

For the Swiss franc, the weakest exchange rate for the forint is the CHF 398.93 franc mark on 7 March 2022.

At 386.54 forints early Monday afternoon, the Swiss franc was 1.8 percent weaker than last week’s start.

The forint is 1.1 percent weaker against the euro, 5.2 percent weaker against the dollar and 0.2 percent weaker against the Swiss franc at early afternoon Monday compared with its June start.

Since the start of the year, the forint has weakened 8.8 percent against the euro, 18.6 percent against the dollar, and 8.7 percent against the Swiss franc.

As we wrote yesterday, nearly 70% of the Hungarian population support the introduction of euro in Hungary, survey and details HERE.

Read alsoEven Orbán’s supporters would introduce the euro in Hungary

Source: MTI