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Tenset to Hungarian Forint Converter and calculator

Convert 1Tenset (10SET) to Hungarian Forint (HUF) equals Ft 85.8 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Tenset(10SET) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 10SET at a value of 1 10SET for 85.80 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 Tenset currency pair is the 10SET to HUF, with for Tenset's currency code being 10SET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

10SET to HUF conversion rate trend

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In the past 1D, Tenset has changed +5.80% to HUF. Based on the trend and price charts, Tenset(10SET) has changed +5.80% to HUF while Hungarian Forint(HUF) has changed % to 10SET in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ft85.38
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ft86.1
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:16(UTC+0)

How to buy Tenset

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Tenset (10SET)
Use a variety of payment options to buy Tenset on Bitget. We'll show you how.

Buy 10SET (or USDT) for HUF (Hungarian Forint) offers

Bitget P2P trading does not currently support direct buying of 10SET with HUF. However, you can buy USDT in Bitget P2P trading first, and then buy 10SET with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell 10SET (or USDT) for HUF (Hungarian Forint) offers

Bitget P2P trading currently does not support direct selling of 10SET to HUF. However, you can first exchange 10SET 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 Tenset to Hungarian Forint?

Tenset to Hungarian Forint is falling this week.
Tenset's current market price is Ft 85.8 per 10SET, with a total market cap of Ft 11,991,886,412.87 HUF based on a circulating supply of 139,773,550 10SET. The trading volume of Tenset has changed by +198.10% (Ft 328,638,817.51 HUF) in the last 24 hours. Last trading day, 10SET's trading volume was Ft 165,894,829.
Market cap
$30.21M
24h volume
$1.25M
Circulating supply
139.77M 10SET

Conversion tables

The exchange rate of Tenset is decreasing.
1 10SET is currently valued at Ft 85.8 HUF , which means buying 5 10SET will cost Ft 428.98 HUF . Similarly, Ft1 HUF can be traded for 0.01166 10SET, and Ft50 HUF can be converted to 0.5828 10SET, excluding any platform or gas fees.
The exchange rate of 1 10SET to Hungarian Forint has changed by -9.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.80%, reaching a high of 86.38 HUF and a low of 79.27 HUF . One month ago, the value of 1 10SET was Ft 99.02 HUF , which represents a -13.35% change from its current value. Over the last year, Tenset has changed by
-Ft
124.33HUF
, resulting in a change of -59.17% in its value.

10SET to HUF

Amount
09:00 am today
0.5 10SET
Ft42.9
1 10SET
Ft85.8
5 10SET
Ft428.98
10 10SET
Ft857.95
50 10SET
Ft4,289.76
100 10SET
Ft8,579.51
500 10SET
Ft42,897.55
1000 10SET
Ft85,795.1

HUF to 10SET

Amount09:00 am today
0.5HUF0.005828  10SET
1HUF0.01166  10SET
5HUF0.05828  10SET
10HUF0.1166  10SET
50HUF0.5828  10SET
100HUF1.17  10SET
500HUF5.83  10SET
1000HUF11.66  10SET

Today vs. 24 hours ago

Amount09:00 am today24 hours ago24h change
0.5 10SET$0.1081$0.1021
+5.80%
1 10SET$0.2161$0.2043
+5.80%
5 10SET$1.08$1.02
+5.80%
10 10SET$2.16$2.04
+5.80%
50 10SET$10.81$10.21
+5.80%
100 10SET$21.61$20.43
+5.80%
500 10SET$108.07$102.14
+5.80%
1000 10SET$216.14$204.29
+5.80%

Today vs. 1 month ago

Amount09:00 am today1 month ago1M change
0.5 10SET$0.1081$0.1247
-13.35%
1 10SET$0.2161$0.2495
-13.35%
5 10SET$1.08$1.25
-13.35%
10 10SET$2.16$2.49
-13.35%
50 10SET$10.81$12.47
-13.35%
100 10SET$21.61$24.95
-13.35%
500 10SET$108.07$124.73
-13.35%
1000 10SET$216.14$249.45
-13.35%

Today vs. 1 year ago

Amount09:00 am today1 year ago1Y change
0.5 10SET$0.1081$0.2647
-59.17%
1 10SET$0.2161$0.5294
-59.17%
5 10SET$1.08$2.65
-59.17%
10 10SET$2.16$5.29
-59.17%
50 10SET$10.81$26.47
-59.17%
100 10SET$21.61$52.94
-59.17%
500 10SET$108.07$264.68
-59.17%
1000 10SET$216.14$529.36
-59.17%

Tenset price prediction

What will the price of 10SET be in 2025?

Based on 10SET's historical price performance prediction model, the price of 10SET is projected to reach $0.2677 in 2025.

What will the price of 10SET be in 2030?

In 2030, the 10SET price is expected to change by -3.00%. By the end of 2030, the 10SET price is projected to reach $0.4443, with a cumulative ROI of +116.88%.

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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?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Tenset and HUF.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Tenset and HUF. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

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

If you want to know the value of Tenset in HUF, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.