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MICHI to HUF Converter and calculator

MICHI/HUF: 1 MICHI = 0.004137 HUF. The price of converting 1 Michi (MICHI) to Hungarian Forint (HUF) is 0.004137 HUF today.
MICHI
MICHI
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MICHI to HUF real-time exchange rates, making it easy to convert Michi (MICHI) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 MICHI is currently valued at 0.004137 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MICHI is currently valued at 0.004137 HUF, which means buying 5 MICHI would cost 0.02068 HUF. Similarly, Ft1 HUF can be converted to 241.74 MICHI, and Ft50 HUF can be converted to 1,208.7 MICHI, excluding any platform or gas fees.

Convert MICHI to HUF

Convert HUF to MICHI

Michi
Hungarian Forint
1 MICHI
0.004137  HUF
Exchange 1 MICHI for 0.004137 HUF
2 MICHI
0.008273  HUF
Exchange 2 MICHI for 0.008273 HUF
5 MICHI
0.02068  HUF
Exchange 5 MICHI for 0.02068 HUF
10 MICHI
0.04137  HUF
Exchange 10 MICHI for 0.04137 HUF
20 MICHI
0.08273  HUF
Exchange 20 MICHI for 0.08273 HUF
50 MICHI
0.2068  HUF
Exchange 50 MICHI for 0.2068 HUF
100 MICHI
0.4137  HUF
Exchange 100 MICHI for 0.4137 HUF
200 MICHI
0.8273  HUF
Exchange 200 MICHI for 0.8273 HUF
500 MICHI
2.07  HUF
Exchange 500 MICHI for 2.07 HUF
1000 MICHI
4.14  HUF
Exchange 1000 MICHI for 4.14 HUF
5000 MICHI
20.68  HUF
Exchange 5000 MICHI for 20.68 HUF
10000 MICHI
41.37  HUF
Exchange 10000 MICHI for 41.37 HUF
In the table above, you'll find a comprehensive MICHI to HUF converter that shows the value of Michi in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 MICHI to HUF, all the way up to 10000 MICHI, providing a clear view of their respective values.
Hungarian Forint
Michi
1 HUF
241.74 MICHI
Exchange 1 HUF for 241.74 MICHI
10 HUF
2,417.4 MICHI
Exchange 10 HUF for 2,417.4 MICHI
50 HUF
12,086.98 MICHI
Exchange 50 HUF for 12,086.98 MICHI
100 HUF
24,173.96 MICHI
Exchange 100 HUF for 24,173.96 MICHI
200 HUF
48,347.91 MICHI
Exchange 200 HUF for 48,347.91 MICHI
500 HUF
120,869.78 MICHI
Exchange 500 HUF for 120,869.78 MICHI
1000 HUF
241,739.56 MICHI
Exchange 1000 HUF for 241,739.56 MICHI
2000 HUF
483,479.12 MICHI
Exchange 2000 HUF for 483,479.12 MICHI
5000 HUF
1,208,697.79 MICHI
Exchange 5000 HUF for 1,208,697.79 MICHI
10000 HUF
2,417,395.58 MICHI
Exchange 10000 HUF for 2,417,395.58 MICHI
50000 HUF
12,086,977.91 MICHI
Exchange 50000 HUF for 12,086,977.91 MICHI
100000 HUF
24,173,955.82 MICHI
Exchange 100000 HUF for 24,173,955.82 MICHI
In the table above, you'll find a comprehensive HUF to MICHI converter that shows the value of Hungarian Forint in Michi across commonly used conversion amounts. The list covers conversions from 1 HUF to MICHI, all the way up to 100000 HUF, providing a clear view of their respective values.

MICHI to HUF chart

MICHI/HUF: 1 MICHI = 0.004137 HUF; 2025/09/19 06:12:53
In the past 1D, Michi has changed +507.60% to HUF. Based on the trend and price charts, Michi(MICHI) has changed +507.60% to HUF while Hungarian Forint(HUF) has changed % to MICHI in the last 24 hours.
1D7D1M3M1YAll

MICHI to HUF conversion data: Volatility and price changes of Michi in HUF

The highest Michi price in HUF over the past 7 days was 7.84 HUF while the lowest Michi price in HUF over the past 7 days was 0.0006036 HUF. The relative change between the highs and lows in Michi price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and MICHI 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
0.004255 HUF
7.84 HUF
8.64 HUF
11.25 HUF
Low
0.0007684 HUF
0.0006036 HUF
0.0003588 HUF
0.0003588 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+507.60%
-42.87%
-99.95%
-99.96%

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Michi information

MICHI to HUF market statistics

MICHI/HUF:
Ft0.004137
MICHI 24h volume:
Ft232,835,164.57
MICHI market cap:
--
MICHI circulating supply:
0 MICHI

Current MICHI to HUF exchange rate

Michi to Hungarian Forint is falling this week.
Michi's current market price is Ft0.004137 per MICHI, with a total market cap of Ft0 HUF based on a circulating supply of -- MICHI. The trading volume of Michi has changed by +6.43% (Ft14,062,488.82 HUF) in the last 24 hours. Last trading day, MICHI's trading volume was Ft218,772,675.74.

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

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How to convert MICHI to HUF

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MICHI to HUF Conversion tables

The exchange rate of Michi is decreasing.
The exchange rate of 1 MICHI to Hungarian Forint has changed by -42.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by +507.60%, reaching a high of 0.004255 HUF and a low of 0.0007684 HUF . One month ago, the value of 1 MICHI was Ft8.2 HUF , which represents a -99.95% change from its current value. Over the last year, Michi has changed by
-Ft
0.07560HUF
, resulting in a change of -94.67% in its value.
24 hours ago1 month ago1 year ago
Amount 06:12 am today 24 hours ago 24h change
0.5 MICHI
Ft0.002068Ft0.0002910
+507.60%
1 MICHI
Ft0.004137Ft0.0005819
+507.60%
5 MICHI
Ft0.02068Ft0.002910
+507.60%
10 MICHI
Ft0.04137Ft0.005819
+507.60%
50 MICHI
Ft0.2068Ft0.02910
+507.60%
100 MICHI
Ft0.4137Ft0.05819
+507.60%
500 MICHI
Ft2.07Ft0.2910
+507.60%
1000 MICHI
Ft4.14Ft0.5819
+507.60%

MICHI to HUF FAQ

How much is 1 Michi in HUF?
Right now, the price of 1 Michi (MICHI) in Hungarian Forint (HUF) is Ft0.004137.
How much MICHI can I buy for 1 HUF?
Based on the current exchange rate, you can get 241.74 MICHI for 1 HUF.
How do I calculate or convert MICHI to HUF?
You can use our MICHI to HUF calculator at the top of this page to convert any amount of MICHI to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 1,208.7 MICHI, while 5 MICHI will cost around 0.02068HUF.
What is the highest price of MICHI/HUF in history?
The all-time high price of 1 MICHI in HUF is Ft254.15. It remains to be seen if the value of 1 MICHI/HUF will exceed the current all-time high.
What is the price trend of Michi in HUF?
Over the past 7 days, the exchange rate of Michi (MICHI) has gone down by 42.87%.   Over the last month, the exchange rate of Michi (MICHI) has gone down by 99.95% against Hungarian Forint (HUF).

What factors influence the conversion rate of MICHI to HUF?

There are many factors that affect the relationship between Michi 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 MICHI/HUF. When there is positive news in the market about the widespread adoption of MICHI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MICHI/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MICHI/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 MICHI/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 Michi 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 Michi currency pairs: MICHI to US Dollar (USD), MICHI to Euro (EUR), MICHI to Pound Sterling (GBP), MICHI to Canadian Dollar (CAD), MICHI to Indian Rupee (INR), MICHI to Pakistani Rupee (PKR), MICHI to Brazilian Real (BRL), MICHI to…
The price of Michi in the US is $0.{4}1251 USD. Additionally, Michi’s price is €0.{4}1062 EUR in the eurozone, £0.{5}9229 GBP in the UK, C$0.{4}1726 CAD in Canada, ₹0.001104 INR in India, ₨0.003540 PKR in Pakistan, R$0.{4}6639 BRL in Brazil, and more.
The most popular Michi currency pair is the MICHI to Hungarian Forint(HUF). The price of 1 Michi (MICHI) in Hungarian Forint (HUF) is Ft0.004137.

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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.