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AXE to HUF Converter and calculator

AXE/HUF: 1 AXE = 2.03 HUF. The price of converting 1 Axe (AXE) to Hungarian Forint (HUF) is 2.03 HUF today.
AXE
AXE
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides AXE to HUF real-time exchange rates, making it easy to convert Axe (AXE) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 AXE is currently valued at 2.03 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 AXE is currently valued at 2.03 HUF, which means buying 5 AXE would cost 10.17 HUF. Similarly, Ft1 HUF can be converted to 0.4917 AXE, and Ft50 HUF can be converted to 2.46 AXE, excluding any platform or gas fees.

Convert AXE to HUF

Convert HUF to AXE

Axe
Hungarian Forint
500 AXE
1,016.79  HUF
1000 AXE
2,033.57  HUF
5000 AXE
10,167.87  HUF
10000 AXE
20,335.73  HUF
In the table above, you'll find a comprehensive AXE to HUF converter that shows the value of Axe in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 AXE to HUF, all the way up to 10000 AXE, providing a clear view of their respective values.
Hungarian Forint
Axe
50000 HUF
24,587.26 AXE
100000 HUF
49,174.53 AXE
In the table above, you'll find a comprehensive HUF to AXE converter that shows the value of Hungarian Forint in Axe across commonly used conversion amounts. The list covers conversions from 1 HUF to AXE, all the way up to 100000 HUF, providing a clear view of their respective values.

AXE to HUF chart

AXE/HUF: 1 AXE = 2.03 HUF; 2025/05/01 03:31:15
In the past 1D, Axe has changed +1.41% to HUF. Based on the trend and price charts, Axe(AXE) has changed +1.41% to HUF while Hungarian Forint(HUF) has changed % to AXE in the last 24 hours.
1D7D1M3M1YAll

AXE to HUF conversion data: Volatility and price changes of Axe in HUF

The highest Axe price in HUF over the past 7 days was 2.04 HUF while the lowest Axe price in HUF over the past 7 days was 2 HUF. The relative change between the highs and lows in Axe price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and AXE to HUF prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
2.04 HUF
2.04 HUF
3.34 HUF
9.37 HUF
Low
2 HUF
2 HUF
1.87 HUF
1.87 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+1.41%
+1.41%
-31.64%
-45.40%

Axe information

AXE to HUF market statistics

AXE/HUF:
Ft2.03
AXE 24h volume:
Ft601.6
AXE market cap:
Ft10,698,562.7
AXE circulating supply:
5.26M AXE

Current AXE to HUF exchange rate

Axe to Hungarian Forint is rising this week.
Axe's current market price is Ft2.03 per AXE, with a total market cap of Ft10,698,562.7 HUF based on a circulating supply of 5,260,968 AXE. The trading volume of Axe has changed by 0.00% (Ft0 HUF) in the last 24 hours. Last trading day, AXE's trading volume was Ft601.6.

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

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How to convert AXE to HUF

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AXE to HUF Conversion tables

The exchange rate of Axe is decreasing.
The exchange rate of 1 AXE to Hungarian Forint has changed by +1.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.41%, reaching a high of 2.04 HUF and a low of 2 HUF . One month ago, the value of 1 AXE was Ft2.97 HUF , which represents a -31.64% change from its current value. Over the last year, Axe has changed by
+Ft
1.82HUF
, resulting in a change of +846.89% in its value.
24 hours ago1 month ago1 year ago
Amount03:31 am today24 hours ago24h change
0.5 AXEFt1.02Ft1
+1.41%
1 AXEFt2.03Ft2.01
+1.41%
5 AXEFt10.17Ft10.03
+1.41%
10 AXEFt20.34Ft20.05
+1.41%
50 AXEFt101.68Ft100.27
+1.41%
100 AXEFt203.36Ft200.54
+1.41%
500 AXEFt1,016.79Ft1,002.69
+1.41%
1000 AXEFt2,033.57Ft2,005.38
+1.41%

AXE to HUF FAQ

How much is 1 Axe in HUF?
Right now, the price of 1 Axe (AXE) in Hungarian Forint (HUF) is Ft2.03.
How much AXE can I buy for 1 HUF?
Based on the current exchange rate, you can get 0.4917 AXE for 1 HUF.
How do I calculate or convert AXE to HUF?
You can use our AXE to HUF calculator at the top of this page to convert any amount of AXE to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 2.46 AXE, while 5 AXE will cost around 10.17HUF.
What is the highest price of AXE/HUF in history?
The all-time high price of 1 AXE in HUF is Ft1,190.06. It remains to be seen if the value of 1 AXE/HUF will exceed the current all-time high.
What is the price trend of Axe in HUF?
Over the past 7 days, the exchange rate of Axe (AXE) has gone up by 1.41%.   Over the last month, the exchange rate of Axe (AXE) has gone down by 31.64% against Hungarian Forint (HUF).

What factors influence the conversion rate of AXE to HUF?

There are many factors that affect the relationship between Axe 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 AXE/HUF. When there is positive news in the market about the widespread adoption of AXE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AXE/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AXE/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 AXE/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 Axe and adjust their investment strategies accordingly in the evolving market.

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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.