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SPONGE to HUF Converter and calculator

SPONGE/HUF: 1 SPONGE = 0.002121 HUF. The price of converting 1 SPONGE (SPONGE) to Hungarian Forint (HUF) is 0.002121 HUF today.
SPONGE
SPONGE
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SPONGE to HUF real-time exchange rates, making it easy to convert SPONGE (SPONGE) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 SPONGE is currently valued at 0.002121 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPONGE is currently valued at 0.002121 HUF, which means buying 5 SPONGE would cost 0.01060 HUF. Similarly, Ft1 HUF can be converted to 471.53 SPONGE, and Ft50 HUF can be converted to 2,357.67 SPONGE, excluding any platform or gas fees.

Convert SPONGE to HUF

Convert HUF to SPONGE

SPONGE
Hungarian Forint
1 SPONGE
0.002121  HUF
Exchange 1 SPONGE for 0.002121 HUF
2 SPONGE
0.004241  HUF
Exchange 2 SPONGE for 0.004241 HUF
5 SPONGE
0.01060  HUF
Exchange 5 SPONGE for 0.01060 HUF
10 SPONGE
0.02121  HUF
Exchange 10 SPONGE for 0.02121 HUF
20 SPONGE
0.04241  HUF
Exchange 20 SPONGE for 0.04241 HUF
50 SPONGE
0.1060  HUF
Exchange 50 SPONGE for 0.1060 HUF
100 SPONGE
0.2121  HUF
Exchange 100 SPONGE for 0.2121 HUF
200 SPONGE
0.4241  HUF
Exchange 200 SPONGE for 0.4241 HUF
500 SPONGE
1.06  HUF
Exchange 500 SPONGE for 1.06 HUF
1000 SPONGE
2.12  HUF
Exchange 1000 SPONGE for 2.12 HUF
5000 SPONGE
10.6  HUF
Exchange 5000 SPONGE for 10.6 HUF
10000 SPONGE
21.21  HUF
Exchange 10000 SPONGE for 21.21 HUF
In the table above, you'll find a comprehensive SPONGE to HUF converter that shows the value of SPONGE in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 SPONGE to HUF, all the way up to 10000 SPONGE, providing a clear view of their respective values.
Hungarian Forint
SPONGE
1 HUF
471.53 SPONGE
Exchange 1 HUF for 471.53 SPONGE
10 HUF
4,715.33 SPONGE
Exchange 10 HUF for 4,715.33 SPONGE
50 HUF
23,576.65 SPONGE
Exchange 50 HUF for 23,576.65 SPONGE
100 HUF
47,153.31 SPONGE
Exchange 100 HUF for 47,153.31 SPONGE
200 HUF
94,306.61 SPONGE
Exchange 200 HUF for 94,306.61 SPONGE
500 HUF
235,766.53 SPONGE
Exchange 500 HUF for 235,766.53 SPONGE
1000 HUF
471,533.07 SPONGE
Exchange 1000 HUF for 471,533.07 SPONGE
2000 HUF
943,066.14 SPONGE
Exchange 2000 HUF for 943,066.14 SPONGE
5000 HUF
2,357,665.35 SPONGE
Exchange 5000 HUF for 2,357,665.35 SPONGE
10000 HUF
4,715,330.69 SPONGE
Exchange 10000 HUF for 4,715,330.69 SPONGE
50000 HUF
23,576,653.46 SPONGE
Exchange 50000 HUF for 23,576,653.46 SPONGE
100000 HUF
47,153,306.92 SPONGE
Exchange 100000 HUF for 47,153,306.92 SPONGE
In the table above, you'll find a comprehensive HUF to SPONGE converter that shows the value of Hungarian Forint in SPONGE across commonly used conversion amounts. The list covers conversions from 1 HUF to SPONGE, all the way up to 100000 HUF, providing a clear view of their respective values.

SPONGE to HUF chart

SPONGE/HUF: 1 SPONGE = 0.002121 HUF; 2025/08/05 22:11:53
In the past 1D, SPONGE has changed +1.81% to HUF. Based on the trend and price charts, SPONGE(SPONGE) has changed +1.81% to HUF while Hungarian Forint(HUF) has changed % to SPONGE in the last 24 hours.
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SPONGE to HUF conversion data: Volatility and price changes of SPONGE in HUF

The highest SPONGE price in HUF over the past 7 days was 0.002298 HUF while the lowest SPONGE price in HUF over the past 7 days was 0.001892 HUF. The relative change between the highs and lows in SPONGE price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and SPONGE 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
0.002298 HUF
0.002298 HUF
0.003768 HUF
0.003768 HUF
Low
0.002028 HUF
0.001892 HUF
0.001663 HUF
0.0009289 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+1.81%
+9.46%
-0.60%
-7.99%

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SPONGE information

SPONGE to HUF market statistics

SPONGE/HUF:
Ft0.002121
SPONGE 24h volume:
Ft2,113,360.07
SPONGE market cap:
--
SPONGE circulating supply:
0 SPONGE

Current SPONGE to HUF exchange rate

SPONGE to Hungarian Forint is rising this week.
SPONGE's current market price is Ft0.002121 per SPONGE, with a total market cap of Ft0 HUF based on a circulating supply of -- SPONGE. The trading volume of SPONGE has changed by +217.67% (Ft1,448,084.36 HUF) in the last 24 hours. Last trading day, SPONGE's trading volume was Ft665,275.71.

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

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SPONGE to HUF Conversion tables

The exchange rate of SPONGE is decreasing.
The exchange rate of 1 SPONGE to Hungarian Forint has changed by +9.46% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.81%, reaching a high of 0.002298 HUF and a low of 0.002028 HUF . One month ago, the value of 1 SPONGE was Ft0.002134 HUF , which represents a -0.60% change from its current value. Over the last year, SPONGE has changed by
-Ft
0.02554HUF
, resulting in a change of -92.36% in its value.
24 hours ago1 month ago1 year ago
Amount 22:11 today 24 hours ago 24h change
0.5 SPONGE
Ft0.001060Ft0.001042
+1.81%
1 SPONGE
Ft0.002121Ft0.002083
+1.81%
5 SPONGE
Ft0.01060Ft0.01042
+1.81%
10 SPONGE
Ft0.02121Ft0.02083
+1.81%
50 SPONGE
Ft0.1060Ft0.1042
+1.81%
100 SPONGE
Ft0.2121Ft0.2083
+1.81%
500 SPONGE
Ft1.06Ft1.04
+1.81%
1000 SPONGE
Ft2.12Ft2.08
+1.81%

SPONGE to HUF FAQ

How much is 1 SPONGE in HUF?
Right now, the price of 1 SPONGE (SPONGE) in Hungarian Forint (HUF) is Ft0.002121.
How much SPONGE can I buy for 1 HUF?
Based on the current exchange rate, you can get 471.53 SPONGE for 1 HUF.
How do I calculate or convert SPONGE to HUF?
You can use our SPONGE to HUF calculator at the top of this page to convert any amount of SPONGE to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 2,357.67 SPONGE, while 5 SPONGE will cost around 0.01060HUF.
What is the highest price of SPONGE/HUF in history?
The all-time high price of 1 SPONGE in HUF is Ft1.45. It remains to be seen if the value of 1 SPONGE/HUF will exceed the current all-time high.
What is the price trend of SPONGE in HUF?
Over the past 7 days, the exchange rate of SPONGE (SPONGE) has gone up by 9.46%.   Over the last month, the exchange rate of SPONGE (SPONGE) has gone down by 0.60% against Hungarian Forint (HUF).

What factors influence the conversion rate of SPONGE to HUF?

There are many factors that affect the relationship between SPONGE 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 SPONGE/HUF. When there is positive news in the market about the widespread adoption of SPONGE or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPONGE/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPONGE/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 SPONGE/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 SPONGE 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 SPONGE currency pairs: SPONGE to US Dollar (USD), SPONGE to Euro (EUR), SPONGE to Pound Sterling (GBP), SPONGE to Canadian Dollar (CAD), SPONGE to Indian Rupee (INR), SPONGE to Pakistani Rupee (PKR), SPONGE to Brazilian Real (BRL), SPONGE to…
The price of SPONGE in the US is $0.{5}6164 USD. Additionally, SPONGE’s price is €0.{5}5325 EUR in the eurozone, £0.{5}4637 GBP in the UK, C$0.{5}8491 CAD in Canada, ₹0.0005407 INR in India, ₨0.001746 PKR in Pakistan, R$0.{4}3393 BRL in Brazil, and more.
The most popular SPONGE currency pair is the SPONGE to Hungarian Forint(HUF). The price of 1 SPONGE (SPONGE) in Hungarian Forint (HUF) is Ft0.002121.

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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.