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BTC market share61.01%
New listings on Bitget:Pi Network
Altcoin season index:19(Bitcoin season)
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Fear and Greed Index30(Fear)
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New listings on Bitget:Pi Network
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Fear and Greed Index30(Fear)
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base info Wrapped Venom

Wrapped Venom to Hungarian Forint Converter and calculator

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Convert 1Wrapped Venom (WVENOM) to Hungarian Forint (HUF) equals Ft 34.8 | Bitget
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Last updated as of 2025/03/16 18:22:19 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Wrapped Venom(WVENOM) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 WVENOM at a value of 1 WVENOM for 34.80 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.

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

WVENOM to HUF conversion rate trend

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In the past 1D, Wrapped Venom has changed -0.63% to HUF. Based on the trend and price charts, Wrapped Venom(WVENOM) has changed -0.63% to HUF while Hungarian Forint(HUF) has changed +0.63% to WVENOM in the last 24 hours.

WVENOM to HUF market statistics

WVENOM/HUF:
Ft 34.8
WVENOM 24h volume:
--
WVENOM market cap:
Ft 607,413,353.26
WVENOM circulating supply:
17.45M WVENOM

Current WVENOM to HUF exchange rate

Wrapped Venom to Hungarian Forint is rising this week.
Wrapped Venom's current market price is Ft 34.8 per WVENOM, with a total market cap of Ft 607,413,353.26 HUF based on a circulating supply of 17,452,764 WVENOM. The trading volume of Wrapped Venom has changed by -100.00% (Ft -- HUF) in the last 24 hours. Last trading day, WVENOM's trading volume was Ft --.
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WVENOM to HUF Conversion tables

The exchange rate of Wrapped Venom is decreasing.
1 WVENOM is currently valued at Ft 34.8 HUF , which means buying 5 WVENOM will cost Ft 174.02 HUF . Similarly, Ft1 HUF can be traded for 0.02873 WVENOM, and Ft50 HUF can be converted to 1.44 WVENOM, excluding any platform or gas fees.
The exchange rate of 1 WVENOM to Hungarian Forint has changed by +3.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.63%, reaching a high of 29.72 HUF and a low of 29.02 HUF . One month ago, the value of 1 WVENOM was Ft 47.56 HUF , which represents a -30.29% change from its current value. Over the last year, Wrapped Venom has changed by
+Ft
29.35HUF
, resulting in a change of 0.00% in its value.

WVENOM to HUF

Amount
18:22 today
0.5 WVENOM
Ft17.4
1 WVENOM
Ft34.8
5 WVENOM
Ft174.02
10 WVENOM
Ft348.03
50 WVENOM
Ft1,740.16
100 WVENOM
Ft3,480.33
500 WVENOM
Ft17,401.64
1000 WVENOM
Ft34,803.27

HUF to WVENOM

Amount18:22 today
0.5HUF0.01437  WVENOM
1HUF0.02873  WVENOM
5HUF0.1437  WVENOM
10HUF0.2873  WVENOM
50HUF1.44  WVENOM
100HUF2.87  WVENOM
500HUF14.37  WVENOM
1000HUF28.73  WVENOM
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WVENOM to HUF Today vs. 24 hours ago

Amount18:22 today24 hours ago24h change
0.5 WVENOMFt17.4Ft17.49
-0.63%
1 WVENOMFt34.8Ft34.99
-0.63%
5 WVENOMFt174.02Ft174.94
-0.63%
10 WVENOMFt348.03Ft349.89
-0.63%
50 WVENOMFt1,740.16Ft1,749.44
-0.63%
100 WVENOMFt3,480.33Ft3,498.89
-0.63%
500 WVENOMFt17,401.64Ft17,494.44
-0.63%
1000 WVENOMFt34,803.27Ft34,988.88
-0.63%

WVENOM to HUF Today vs. 1 month ago

Amount18:22 today1 month ago1M change
0.5 WVENOMFt17.4Ft23.78
-30.29%
1 WVENOMFt34.8Ft47.56
-30.29%
5 WVENOMFt174.02Ft237.78
-30.29%
10 WVENOMFt348.03Ft475.57
-30.29%
50 WVENOMFt1,740.16Ft2,377.84
-30.29%
100 WVENOMFt3,480.33Ft4,755.69
-30.29%
500 WVENOMFt17,401.64Ft23,778.45
-30.29%
1000 WVENOMFt34,803.27Ft47,556.9
-30.29%

WVENOM to HUF Today vs. 1 year ago

Amount18:22 today1 year ago1Y change
0.5 WVENOMFt17.4Ft2.73
0.00%
1 WVENOMFt34.8Ft5.46
0.00%
5 WVENOMFt174.02Ft27.29
0.00%
10 WVENOMFt348.03Ft54.58
0.00%
50 WVENOMFt1,740.16Ft272.9
0.00%
100 WVENOMFt3,480.33Ft545.81
0.00%
500 WVENOMFt17,401.64Ft2,729.03
0.00%
1000 WVENOMFt34,803.27Ft5,458.06
0.00%

How to convert WVENOM to HUF

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Convert WVENOM to HUF
Use a variety of payment options to buy Wrapped Venom on Bitget. We'll show you how.

Buy WVENOM (or USDT) for HUF (Hungarian Forint) offers

Bitget P2P trading does not currently support direct buying of WVENOM with HUF. However, you can buy USDT in Bitget P2P trading first, and then buy WVENOM with USDT via Bitget spot market.
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Low to high
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Sell WVENOM (or USDT) for HUF (Hungarian Forint) offers

Bitget P2P trading currently does not support direct selling of WVENOM to HUF. However, you can first exchange WVENOM for USDT in the Bitget spot market, and then sell USDT to HUF in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.
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What factors influence the conversion rate of WVENOM to HUF?

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

Wrapped Venom price prediction

What will the price of WVENOM be in 2026?

Based on WVENOM's historical price performance prediction model, the price of WVENOM is projected to reach $0.09003 in 2026.

What will the price of WVENOM be in 2031?

In 2031, the WVENOM price is expected to change by +40.00%. By the end of 2031, the WVENOM price is projected to reach $0.2098, with a cumulative ROI of +120.53%.
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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.