Hungarian forint shows mixed performance in October

The Hungarian forint experienced mixed performance throughout October, showing moderate strength against the euro but significant weakness against the US dollar and the Swiss franc.

Over the course of the month, the forint strengthened by approximately 0.3 percent against the euro. However, it lost 1.1 percent of its value against the US dollar and saw a sharper decline of 2.7 percent against the Swiss franc.

On the final trading day of October, the currency fluctuated slightly. By Friday evening, the euro was priced at 365.68 forints, representing a minimal 0.03 percent appreciation compared to morning rates. Conversely, the forint weakened against the US dollar, rising from 327.05 to 327.78 forints, and against the Swiss franc, which rose to 397.93 forints.