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KIP Protocol to Hungarian Forint Converter and calculator

Convert 1KIP Protocol (KIP) to Hungarian Forint (HUF) equals Ft 7.98 | Bitget
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Last updated 2025/01/12 20:40:35 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of KIP Protocol(KIP) to Hungarian Forint(HUF). This is the real-time data. The current conversion shows 1 KIP at a value of 1 KIP for 7.98 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 KIP Protocol currency pair is the KIP to HUF, with for KIP Protocol's currency code being KIP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for HUF.

KIP to HUF conversion rate trend

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Live KIP Protocol (KIP) price chart
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In the past 1D, KIP Protocol has changed +3.36% to HUF. Based on the trend and price charts, KIP Protocol(KIP) has changed +3.36% to HUF while Hungarian Forint(HUF) has changed -3.25% to KIP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Ft7.96
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
Ft7.93
0.1000% / 0.1000%
Yes
KuCoin
Ft7.94
0.1000% / 0.1000%
Yes
Last updated 2025/01/12 16:00:18(UTC+0)

How to buy KIP Protocol

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

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

Bitget P2P trading does not currently support direct buying of KIP with HUF. However, you can buy USDT in Bitget P2P trading first, and then buy KIP with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
Best Rate_Gh
367 tradesCompletion rate 99.00%
16.19 GHS
Amount500 USDT
Limit120 - 120 GHS
MTN Mobile Money
Buy
H
HighstarGolden merchant
653 tradesCompletion rate 100.00%
16.19 GHS
Amount201.22 USDT
Limit120 - 3000 GHS
MTN Mobile MoneyVodafone CashTigo Money
Buy
D
DorBoatengGolden merchant
451 tradesCompletion rate 99.00%
16.2 GHS
Amount199.95 USDT
Limit120 - 3239 GHS
MTN Mobile MoneyVodafone Cash
Buy
B
BGUSER-9YJFK27T
3 tradesCompletion rate 75.00%
17.28 GHS
Amount59.71 USDT
Limit500 - 949.98 GHS
Momo
Buy

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

Bitget P2P trading currently does not support direct selling of KIP to HUF. However, you can first exchange KIP 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
B
Best Rate_Gh
367 tradesCompletion rate 99.00%
16.19 GHS
Amount500 USDT
Limit120 - 120 GHS
MTN Mobile Money
Sell
H
HighstarGolden merchant
653 tradesCompletion rate 100.00%
16.19 GHS
Amount201.22 USDT
Limit120 - 3000 GHS
MTN Mobile MoneyVodafone CashTigo Money
Sell
D
DorBoatengGolden merchant
451 tradesCompletion rate 99.00%
16.2 GHS
Amount199.95 USDT
Limit120 - 3239 GHS
MTN Mobile MoneyVodafone Cash
Sell
B
BGUSER-9YJFK27T
3 tradesCompletion rate 75.00%
17.28 GHS
Amount59.71 USDT
Limit500 - 949.98 GHS
Momo
Sell

What factors influence the conversion rate of KIP Protocol to Hungarian Forint?

KIP Protocol to Hungarian Forint is falling this week.
KIP Protocol's current market price is Ft 7.98 per KIP, with a total market cap of Ft 0 HUF based on a circulating supply of -- KIP. The trading volume of KIP Protocol has changed by +5.11% (Ft 248,320,780.18 HUF) in the last 24 hours. Last trading day, KIP's trading volume was Ft 4,859,506,461.52.
Market cap
$0
24h volume
$12.67M
Circulating supply
0 KIP
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Conversion tables

The exchange rate of KIP Protocol is decreasing.
1 KIP is currently valued at Ft 7.98 HUF , which means buying 5 KIP will cost Ft 39.9 HUF . Similarly, Ft1 HUF can be traded for 0.1253 KIP, and Ft50 HUF can be converted to 6.26 KIP, excluding any platform or gas fees.
The exchange rate of 1 KIP to Hungarian Forint has changed by -19.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.36%, reaching a high of 8.15 HUF and a low of 7.67 HUF . One month ago, the value of 1 KIP was Ft 14.93 HUF , which represents a -46.60% change from its current value. Over the last year, KIP Protocol has changed by
+Ft
7.97HUF
, resulting in a change of -17.11% in its value.

KIP to HUF

Amount
20:40 today
0.5 KIP
Ft3.99
1 KIP
Ft7.98
5 KIP
Ft39.9
10 KIP
Ft79.81
50 KIP
Ft399.04
100 KIP
Ft798.09
500 KIP
Ft3,990.43
1000 KIP
Ft7,980.86

HUF to KIP

Amount20:40 today
0.5HUF0.06265  KIP
1HUF0.1253  KIP
5HUF0.6265  KIP
10HUF1.25  KIP
50HUF6.26  KIP
100HUF12.53  KIP
500HUF62.65  KIP
1000HUF125.3  KIP

Today vs. 24 hours ago

Amount20:40 today24 hours ago24h change
0.5 KIP$0.009895$0.009574
+3.36%
1 KIP$0.01979$0.01915
+3.36%
5 KIP$0.09895$0.09574
+3.36%
10 KIP$0.1979$0.1915
+3.36%
50 KIP$0.9895$0.9574
+3.36%
100 KIP$1.98$1.91
+3.36%
500 KIP$9.89$9.57
+3.36%
1000 KIP$19.79$19.15
+3.36%

Today vs. 1 month ago

Amount20:40 today1 month ago1M change
0.5 KIP$0.009895$0.01851
-46.60%
1 KIP$0.01979$0.03703
-46.60%
5 KIP$0.09895$0.1851
-46.60%
10 KIP$0.1979$0.3703
-46.60%
50 KIP$0.9895$1.85
-46.60%
100 KIP$1.98$3.7
-46.60%
500 KIP$9.89$18.51
-46.60%
1000 KIP$19.79$37.03
-46.60%

Today vs. 1 year ago

Amount20:40 today1 year ago1Y change
0.5 KIP$0.009895$0.{4}1756
-17.11%
1 KIP$0.01979$0.{4}3511
-17.11%
5 KIP$0.09895$0.0001756
-17.11%
10 KIP$0.1979$0.0003511
-17.11%
50 KIP$0.9895$0.001756
-17.11%
100 KIP$1.98$0.003511
-17.11%
500 KIP$9.89$0.01756
-17.11%
1000 KIP$19.79$0.03511
-17.11%
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KIP Protocol price prediction

What will the price of KIP be in 2026?

Based on KIP's historical price performance prediction model, the price of KIP is projected to reach $0.02148 in 2026.

What will the price of KIP be in 2031?

In 2031, the KIP price is expected to change by +26.00%. By the end of 2031, the KIP price is projected to reach $0.04441, with a cumulative ROI of +127.44%.
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APR up to 10%. Always on, always get airdrop.
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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.