Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Red Kite

Red Kite to Hungarian Forint Converter and calculator

Convert 1Red Kite (PKF) to Hungarian Forint (HUF) equals Ft 10.58 | Bitget
PKF
PKF
swap
HUF
Last updated 2025/01/04 16:39:46 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Red Kite(PKF) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 PKF at a value of 1 PKF for 10.58 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.

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

PKF to HUF conversion rate trend

1D7D1M3M1YAll
Live Red Kite (PKF) price chart
loading
In the past 1D, Red Kite has changed +2.51% to HUF. Based on the trend and price charts, Red Kite(PKF) has changed +2.51% to HUF while Hungarian Forint(HUF) has changed -2.45% to PKF in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ft10.58
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ft10.08
0.1000% / 0.1000%
Yes
Last updated 2025/01/04 16:00:13(UTC+0)

How to buy Red Kite

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Red Kite (PKF)
Use a variety of payment options to buy Red Kite on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of PKF with HUF. However, you can buy USDT in Bitget P2P trading first, and then buy PKF with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
P
Ponreay_FX
384 tradesCompletion rate 98.00%
1 USD
Amount4904.19 USDT
Limit10 - 4904.19 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
C
CloverSiS
63 tradesCompletion rate 100.00%
1.002 USD
Amount927.86 USDT
Limit100 - 900 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
H
Happy-Exchange-汇旺
13 tradesCompletion rate 100.00%
1.003 USD
Amount323.62 USDT
Limit10 - 324.59 USD
Wing MoneyABA (Cambodia)
Buy
D
Doctor_d_coin
63 tradesCompletion rate 98.00%
1.005 USD
Amount989.61 USDT
Limit20 - 800 USD
Bank Transfer (Cambodia)ABA (Cambodia)
Buy
P
Pancho17
11 tradesCompletion rate 100.00%
1.012 USD
Amount20.54 USDT
Limit10 - 10.78 USD
Zinli
Buy

Sell PKF (or USDT) for HUF (Hungarian Forint) offers

Bitget P2P trading currently does not support direct selling of PKF to HUF. However, you can first exchange PKF 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
P
Ponreay_FX
384 tradesCompletion rate 98.00%
1 USD
Amount4904.19 USDT
Limit10 - 4904.19 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Sell
C
CloverSiS
63 tradesCompletion rate 100.00%
1.002 USD
Amount927.86 USDT
Limit100 - 900 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Sell
H
Happy-Exchange-汇旺
13 tradesCompletion rate 100.00%
1.003 USD
Amount323.62 USDT
Limit10 - 324.59 USD
Wing MoneyABA (Cambodia)
Sell
D
Doctor_d_coin
63 tradesCompletion rate 98.00%
1.005 USD
Amount989.61 USDT
Limit20 - 800 USD
Bank Transfer (Cambodia)ABA (Cambodia)
Sell
P
Pancho17
11 tradesCompletion rate 100.00%
1.012 USD
Amount20.54 USDT
Limit10 - 10.78 USD
Zinli
Sell

What factors influence the conversion rate of Red Kite to Hungarian Forint?

Red Kite to Hungarian Forint is falling this week.
Red Kite's current market price is Ft 10.58 per PKF, with a total market cap of Ft 1,213,212,589.24 HUF based on a circulating supply of 114,692,136 PKF. The trading volume of Red Kite has changed by +4.20% (Ft 50,486.29 HUF) in the last 24 hours. Last trading day, PKF's trading volume was Ft 1,202,856.47.
Market cap
$3.01M
24h volume
$3.11K
Circulating supply
114.69M PKF
Bitget pre-market
Buy or sell coins before they are listed, including CATGOLD, MTOS, VERT, BIO, and more.
Trade now

Conversion tables

The exchange rate of Red Kite is decreasing.
1 PKF is currently valued at Ft 10.58 HUF , which means buying 5 PKF will cost Ft 52.89 HUF . Similarly, Ft1 HUF can be traded for 0.09454 PKF, and Ft50 HUF can be converted to 4.73 PKF, excluding any platform or gas fees.
The exchange rate of 1 PKF to Hungarian Forint has changed by -5.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.51%, reaching a high of 10.7 HUF and a low of 10.21 HUF . One month ago, the value of 1 PKF was Ft 13.72 HUF , which represents a -22.90% change from its current value. Over the last year, Red Kite has changed by
-Ft
52.06HUF
, resulting in a change of -83.11% in its value.

PKF to HUF

Amount
16:39 today
0.5 PKF
Ft5.29
1 PKF
Ft10.58
5 PKF
Ft52.89
10 PKF
Ft105.78
50 PKF
Ft528.9
100 PKF
Ft1,057.8
500 PKF
Ft5,289
1000 PKF
Ft10,577.99

HUF to PKF

Amount16:39 today
0.5HUF0.04727  PKF
1HUF0.09454  PKF
5HUF0.4727  PKF
10HUF0.9454  PKF
50HUF4.73  PKF
100HUF9.45  PKF
500HUF47.27  PKF
1000HUF94.54  PKF

Today vs. 24 hours ago

Amount16:39 today24 hours ago24h change
0.5 PKF$0.01312$0.01280
+2.51%
1 PKF$0.02623$0.02559
+2.51%
5 PKF$0.1312$0.1280
+2.51%
10 PKF$0.2623$0.2559
+2.51%
50 PKF$1.31$1.28
+2.51%
100 PKF$2.62$2.56
+2.51%
500 PKF$13.12$12.8
+2.51%
1000 PKF$26.23$25.59
+2.51%

Today vs. 1 month ago

Amount16:39 today1 month ago1M change
0.5 PKF$0.01312$0.01701
-22.90%
1 PKF$0.02623$0.03403
-22.90%
5 PKF$0.1312$0.1701
-22.90%
10 PKF$0.2623$0.3403
-22.90%
50 PKF$1.31$1.7
-22.90%
100 PKF$2.62$3.4
-22.90%
500 PKF$13.12$17.01
-22.90%
1000 PKF$26.23$34.03
-22.90%

Today vs. 1 year ago

Amount16:39 today1 year ago1Y change
0.5 PKF$0.01312$0.07767
-83.11%
1 PKF$0.02623$0.1553
-83.11%
5 PKF$0.1312$0.7767
-83.11%
10 PKF$0.2623$1.55
-83.11%
50 PKF$1.31$7.77
-83.11%
100 PKF$2.62$15.53
-83.11%
500 PKF$13.12$77.67
-83.11%
1000 PKF$26.23$155.34
-83.11%
Bitget Launchpool
Lock to uncover promising new tokens.
Lock now!

Red Kite price prediction

What will the price of PKF be in 2026?

Based on PKF's historical price performance prediction model, the price of PKF is projected to reach $0.02759 in 2026.

What will the price of PKF be in 2031?

In 2031, the PKF price is expected to change by +13.00%. By the end of 2031, the PKF price is projected to reach $0.02573, with a cumulative ROI of +1.17%.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
Bitget Launchpool
Lock to uncover promising new tokens.
Lock now!
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

How accurate is a cryptocurrency calculator?

Can I trust the results of a cryptocurrency calculator?

Can I use a cryptocurrency calculator for tax purposes?

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

Buy Red Kite for 1 HUF

A welcome pack worth 6200 USDT for new Bitgetters!

Buy Red Kite now
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.