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The Parallel to Hungarian Forint (PRL to HUF)

PRL to HUF Converter and calculator

PRL/HUF: 1 PRL = 0.1460 HUF. The price of converting 1 The Parallel (PRL) to Hungarian Forint (HUF) is 0.1460 HUF today.
PRL
PRL
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRL to HUF real-time exchange rates, making it easy to convert The Parallel (PRL) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 PRL is currently valued at 0.1460 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRL is currently valued at 0.1460 HUF, which means buying 5 PRL would cost 0.7300 HUF. Similarly, Ft1 HUF can be converted to 6.85 PRL, and Ft50 HUF can be converted to 34.25 PRL, excluding any platform or gas fees.

Convert PRL to HUF

Convert HUF to PRL

The Parallel
Hungarian Forint
1 PRL
0.1460  HUF
Exchange 1 PRL for 0.1460 HUF
2 PRL
0.2920  HUF
Exchange 2 PRL for 0.2920 HUF
5 PRL
0.7300  HUF
Exchange 5 PRL for 0.7300 HUF
10 PRL
1.46  HUF
Exchange 10 PRL for 1.46 HUF
20 PRL
2.92  HUF
Exchange 20 PRL for 2.92 HUF
50 PRL
7.3  HUF
Exchange 50 PRL for 7.3 HUF
100 PRL
14.6  HUF
Exchange 100 PRL for 14.6 HUF
200 PRL
29.2  HUF
Exchange 200 PRL for 29.2 HUF
500 PRL
73  HUF
Exchange 500 PRL for 73 HUF
1000 PRL
145.99  HUF
Exchange 1000 PRL for 145.99 HUF
5000 PRL
729.97  HUF
Exchange 5000 PRL for 729.97 HUF
10000 PRL
1,459.94  HUF
Exchange 10000 PRL for 1,459.94 HUF
In the table above, you'll find a comprehensive PRL to HUF converter that shows the value of The Parallel in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 PRL to HUF, all the way up to 10000 PRL, providing a clear view of their respective values.
Hungarian Forint
The Parallel
1 HUF
6.85 PRL
Exchange 1 HUF for 6.85 PRL
10 HUF
68.5 PRL
Exchange 10 HUF for 68.5 PRL
50 HUF
342.48 PRL
Exchange 50 HUF for 342.48 PRL
100 HUF
684.96 PRL
Exchange 100 HUF for 684.96 PRL
200 HUF
1,369.92 PRL
Exchange 200 HUF for 1,369.92 PRL
500 HUF
3,424.81 PRL
Exchange 500 HUF for 3,424.81 PRL
1000 HUF
6,849.61 PRL
Exchange 1000 HUF for 6,849.61 PRL
2000 HUF
13,699.22 PRL
Exchange 2000 HUF for 13,699.22 PRL
5000 HUF
34,248.05 PRL
Exchange 5000 HUF for 34,248.05 PRL
10000 HUF
68,496.11 PRL
Exchange 10000 HUF for 68,496.11 PRL
50000 HUF
342,480.54 PRL
Exchange 50000 HUF for 342,480.54 PRL
100000 HUF
684,961.08 PRL
Exchange 100000 HUF for 684,961.08 PRL
In the table above, you'll find a comprehensive HUF to PRL converter that shows the value of Hungarian Forint in The Parallel across commonly used conversion amounts. The list covers conversions from 1 HUF to PRL, all the way up to 100000 HUF, providing a clear view of their respective values.

PRL to HUF chart

PRL/HUF: 1 PRL = 0.1460 HUF; 2026/04/15 17:09:24
In the past 1D, The Parallel has changed -0.54% to HUF. Based on the trend and price charts, The Parallel(PRL) has changed -0.54% to HUF while Hungarian Forint(HUF) has changed % to PRL in the last 24 hours.
1D7D1M3M1YAll

PRL to HUF conversion data: Volatility and price changes of in HUF

The highest price in HUF over the past 7 days was 0.1470 HUF while the lowest price in HUF over the past 7 days was 0.1457 HUF. The relative change between the highs and lows in price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and PRL to HUF prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.1468 HUF
0.1470 HUF
0.1579 HUF
0.1579 HUF
Low
0.1459 HUF
0.1457 HUF
0.1451 HUF
0.1451 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
-0.54%
-0.49%
+0.26%
-0.66%

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The Parallel information

PRL to HUF market statistics

PRL/HUF:
Ft0.1460
PRL 24h volume:
--
PRL market cap:
--
PRL circulating supply:
0 PRL

Current PRL to HUF exchange rate

The Parallel to Hungarian Forint is falling this week.
The Parallel's current market price is Ft0.1460 per PRL, with a total market cap of Ft0 HUF based on a circulating supply of -- PRL. The trading volume of The Parallel has changed by -100.00% (Ft-- HUF) in the last 24 hours. Last trading day, PRL's trading volume was Ft--.

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

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How to convert PRL to HUF

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PRL to HUF Conversion tables

The exchange rate of The Parallel is increasing.
The exchange rate of 1 PRL to Hungarian Forint has changed by -0.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.54%, reaching a high of 0.1468 HUF and a low of 0.1459 HUF . One month ago, the value of 1 PRL was Ft0.1456 HUF , which represents a +0.26% change from its current value. Over the last year, The Parallel has changed by
-Ft
0.02642HUF
, resulting in a change of -15.32% in its value.
24 hours ago1 month ago1 year ago
Amount 17:09 today 24 hours ago 24h change
0.5 PRL
Ft0.07300Ft0.07339
-0.54%
1 PRL
Ft0.1460Ft0.1468
-0.54%
5 PRL
Ft0.7300Ft0.7339
-0.54%
10 PRL
Ft1.46Ft1.47
-0.54%
50 PRL
Ft7.3Ft7.34
-0.54%
100 PRL
Ft14.6Ft14.68
-0.54%
500 PRL
Ft73Ft73.39
-0.54%
1000 PRL
Ft145.99Ft146.78
-0.54%

PRL to HUF FAQ

How much is 1 The Parallel in HUF?
Right now, the price of 1 The Parallel (PRL) in Hungarian Forint (HUF) is Ft0.1460.
How much PRL can I buy for 1 HUF?
Based on the current exchange rate, you can get 6.85 PRL for 1 HUF.
How do I calculate or convert PRL to HUF?
You can use our PRL to HUF calculator at the top of this page to convert any amount of PRL to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 34.25 PRL, while 5 PRL will cost around 0.7300HUF.
What is the highest price of PRL/HUF in history?
The all-time high price of 1 PRL in HUF is Ft223.41. It remains to be seen if the value of 1 PRL/HUF will exceed the current all-time high.
What is the price trend of in HUF?
Over the past 7 days, the exchange rate of The Parallel (PRL) has gone down by 0.49%.   Over the last month, the exchange rate of The Parallel (PRL) has gone up by 0.26% against Hungarian Forint (HUF).

What factors influence the conversion rate of PRL to HUF?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular The Parallel currency pairs: PRL to US Dollar (USD), PRL to Euro (EUR), PRL to Pound Sterling (GBP), PRL to Canadian Dollar (CAD), PRL to Indian Rupee (INR), PRL to Pakistani Rupee (PKR), PRL to Brazilian Real (BRL), PRL to…
The price of The Parallel in the US is $0.0004742 USD. Additionally, The Parallel’s price is €0.0004023 EUR in the eurozone, £0.0003497 GBP in the UK, C$0.0006526 CAD in Canada, ₹0.04428 INR in India, ₨0.1322 PKR in Pakistan, R$0.002368 BRL in Brazil, and more.
The most popular The Parallel currency pair is the PRL to Hungarian Forint(HUF). The price of 1 The Parallel (PRL) in Hungarian Forint (HUF) is Ft0.1460.

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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.
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