Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Hungary
CCUSMA02HUM618N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
341.58
Year-over-Year Change
-5.69%
Date Range
1/1/1968 - 7/1/2025
Summary
This economic trend measures the average daily exchange rate between the US dollar and the Hungarian forint. It is an important indicator for economists and policymakers analyzing trade and financial flows between the two countries.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The US Dollar Exchange Rate for Hungary tracks the value of the US dollar relative to the Hungarian forint on a daily basis. This metric is widely used to assess the competitiveness of exports, monitor cross-border investments, and evaluate the impact of exchange rate fluctuations on the domestic economy.
Methodology
The data is collected by the US Federal Reserve from various financial markets and institutions.
Historical Context
Trends in the US dollar-forint exchange rate are closely watched by international businesses, investors, and government agencies.
Key Facts
- The US dollar has strengthened against the Hungarian forint by over 30% since 2015.
- Hungary is one of the largest trading partners for the United States in Central Europe.
- Exchange rate volatility can significantly impact the profitability of multinational corporations operating in Hungary.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average daily exchange rate between the US dollar and the Hungarian forint, which is an important indicator of trade and financial flows between the two countries.
Q: Why is this trend relevant for users or analysts?
A: The US dollar-forint exchange rate is closely watched by businesses, investors, and policymakers to assess the competitiveness of exports, monitor cross-border investments, and evaluate the impact of exchange rate fluctuations on the domestic economy.
Q: How is this data collected or calculated?
A: The data is collected by the US Federal Reserve from various financial markets and institutions.
Q: How is this trend used in economic policy?
A: Trends in the US dollar-forint exchange rate are used by government agencies, central banks, and international organizations to inform trade, investment, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The US dollar-forint exchange rate data is published daily without significant delays, providing timely information for analysts and policymakers.
Related Trends
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Restaurants and Hotels for Hungary
HUNCP110000CTGYM
Infra-Annual Labor Statistics: Labor Force Male: From 15 to 64 Years for Hungary
LFAC64MAHUQ647S
National Accounts: GDP by Expenditure: Constant Prices: Less: Imports of Goods and Services for Hungary
NAEXKP07HUQ652S
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Hungary
HUNFCAKNUM
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Hungary
QHUNAM770A
Producer Prices Index: Economic Activities: Manufacturing: Domestic for Hungary
HUNPPDMMINMEI
Citation
U.S. Federal Reserve, Currency Conversions: US Dollar Exchange Rate: Average of Daily Rates: National Currency: USD for Hungary (CCUSMA02HUM618N), retrieved from FRED.