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base info Index Cooperative

Index Cooperative to Hungarian Forint Converter and calculator

Convert 1Index Cooperative (INDEX) to Hungarian Forint (HUF) equals Ft 810.1 | Bitget
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Last updated as of 2025/02/21 14:24:20 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Index Cooperative(INDEX) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 INDEX at a value of 1 INDEX for 810.10 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 Index Cooperative currency pair is the INDEX to HUF, with for Index Cooperative's currency code being INDEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

INDEX to HUF conversion rate trend

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Live Index Cooperative (INDEX) price chart
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In the past 1D, Index Cooperative has changed +4.76% to HUF. Based on the trend and price charts, Index Cooperative(INDEX) has changed +4.76% to HUF while Hungarian Forint(HUF) has changed -4.54% to INDEX in the last 24 hours.

How to buy Index Cooperative

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Buy Index Cooperative (INDEX)
Use a variety of payment options to buy Index Cooperative on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of INDEX to HUF. However, you can first exchange INDEX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Index Cooperative to Hungarian Forint?

Index Cooperative to Hungarian Forint is rising this week.
Index Cooperative's current market price is Ft 810.1 per INDEX, with a total market cap of Ft 0 HUF based on a circulating supply of -- INDEX. The trading volume of Index Cooperative has changed by +170.68% (Ft 64,955,982.63 HUF) in the last 24 hours. Last trading day, INDEX's trading volume was Ft 38,056,258.69.
Market cap
$0
24h volume
$267.14K
Circulating supply
0 INDEX

Conversion tables

The exchange rate of Index Cooperative is decreasing.
1 INDEX is currently valued at Ft 810.1 HUF , which means buying 5 INDEX will cost Ft 4,050.51 HUF . Similarly, Ft1 HUF can be traded for 0.001234 INDEX, and Ft50 HUF can be converted to 0.06172 INDEX, excluding any platform or gas fees.
The exchange rate of 1 INDEX to Hungarian Forint has changed by +2.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.76%, reaching a high of 820.79 HUF and a low of 760.95 HUF . One month ago, the value of 1 INDEX was Ft 995.39 HUF , which represents a -18.61% change from its current value. Over the last year, Index Cooperative has changed by
-Ft
564.08HUF
, resulting in a change of -41.05% in its value.

INDEX to HUF

Amount
14:24 today
0.5 INDEX
Ft405.05
1 INDEX
Ft810.1
5 INDEX
Ft4,050.51
10 INDEX
Ft8,101.02
50 INDEX
Ft40,505.09
100 INDEX
Ft81,010.18
500 INDEX
Ft405,050.9
1000 INDEX
Ft810,101.8

HUF to INDEX

Amount14:24 today
0.5HUF0.0006172  INDEX
1HUF0.001234  INDEX
5HUF0.006172  INDEX
10HUF0.01234  INDEX
50HUF0.06172  INDEX
100HUF0.1234  INDEX
500HUF0.6172  INDEX
1000HUF1.23  INDEX

Today vs. 24 hours ago

Amount14:24 today24 hours ago24h change
0.5 INDEX$1.05$1
+4.76%
1 INDEX$2.1$2.01
+4.76%
5 INDEX$10.5$10.03
+4.76%
10 INDEX$21.01$20.05
+4.76%
50 INDEX$105.04$100.27
+4.76%
100 INDEX$210.08$200.55
+4.76%
500 INDEX$1,050.42$1,002.73
+4.76%
1000 INDEX$2,100.83$2,005.46
+4.76%

Today vs. 1 month ago

Amount14:24 today1 month ago1M change
0.5 INDEX$1.05$1.29
-18.61%
1 INDEX$2.1$2.58
-18.61%
5 INDEX$10.5$12.91
-18.61%
10 INDEX$21.01$25.81
-18.61%
50 INDEX$105.04$129.07
-18.61%
100 INDEX$210.08$258.13
-18.61%
500 INDEX$1,050.42$1,290.67
-18.61%
1000 INDEX$2,100.83$2,581.33
-18.61%

Today vs. 1 year ago

Amount14:24 today1 year ago1Y change
0.5 INDEX$1.05$1.78
-41.05%
1 INDEX$2.1$3.56
-41.05%
5 INDEX$10.5$17.82
-41.05%
10 INDEX$21.01$35.64
-41.05%
50 INDEX$105.04$178.18
-41.05%
100 INDEX$210.08$356.37
-41.05%
500 INDEX$1,050.42$1,781.83
-41.05%
1000 INDEX$2,100.83$3,563.66
-41.05%

Index Cooperative price prediction

What will the price of INDEX be in 2026?

Based on INDEX's historical price performance prediction model, the price of INDEX is projected to reach $1.88 in 2026.

What will the price of INDEX be in 2031?

In 2031, the INDEX price is expected to change by +17.00%. By the end of 2031, the INDEX price is projected to reach $2.66, with a cumulative ROI of +30.97%.

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