🇭🇺 HUF vs 🇷🇺 RUB: Currency Strength Comparison
Data updated: November 6, 2026
On November 6, 2026, one Russian Ruble bought 3.9486 HUF at the official reference rate, so per unit the Russian Ruble is worth more. A higher unit value only reflects how each currency is denominated, not which one is gaining: over the past 12 months HUF strengthened by 3.1% against RUB, so on momentum the Hungarian Forint (HUF) is the stronger of the two.
Adjusted for consumer-price inflation in both economies, HUF gained 6.4% in real terms against RUB over the same period.
HUF relative to RUB
Positive values mean HUF strengthened against RUB.
HUF vs RUB over the last three years
HUF against RUB, index 100 on November 6, 2023. A rising line means HUF gained on RUB. Dashed: the same, adjusted for consumer-price inflation in both economies. Green dot: 3-year high, red: 3-year low.
- 3-year high: 108.3 on November 29, 2024, when HUF was at its strongest against RUB in the period.
- 3-year low: 84.4 on March 19, 2025.
- Now: 95.8, 11.5% below the high and 13.5% above the low.
- Sharpest one-month move: HUF fell 12.6% against RUB between May 20, 2024 and June 20, 2024.
What moved HUF and RUB
- · 🇷🇺 Trump envoys shuttle Moscow-Kyiv — US negotiators hold talks in Moscow before heading to Kyiv in a renewed push to end the war
- · 🇷🇺 CBR surprise cut to 14.00% — Bank of Russia defies expectations of a hold, trimming the key rate by 25bp
- · 🇷🇺 EU adopts 20th Russia sanctions package — The EU's largest sanctions round in two years targets Russian energy revenue and banks
- · 🇭🇺 Magyar's Tisza ousts Orban — Peter Magyar's Tisza party wins a landslide, ending Viktor Orban's 16-year rule
- · 🇭🇺 MNB cuts rate to 6.25% — Hungary's central bank cuts for the first time after holding since 2024
- · 🇷🇺 US presents 28-point peace plan — A US peace proposal seen as favorable to Moscow raises hopes of eventual sanctions relief
Major central-bank decisions, elections and shocks for the two currencies since November 6, 2023. The interactive chart marks them on the line.
Performance against 15 major currencies
| Currency | 12-month change vs basket | Rank |
|---|---|---|
| 🇭🇺 Hungarian Forint (HUF) | +4.1% | #3 of 16 |
| 🇷🇺 Russian Ruble (RUB) | +0.8% | #7 of 16 |
Open the interactive HUF/RUB chart →
How this comparison works
Each currency's strength index starts at 100 and accumulates its daily change against 15 other major currencies (a geometric mean of pairwise exchange-rate moves), using European Central Bank reference rates and other official sources. The relative figures above divide HUF's index by RUB's, so they reflect the two currencies' performance against each other while accounting for the whole basket. The real variant additionally adjusts each currency for its domestic CPI inflation.
Read the full methodology →Frequently asked questions
Is HUF stronger than RUB right now?
It depends on the question. Per unit, 1 RUB = 3.9486 HUF (reference rate, November 6, 2026), so the Russian Ruble is worth more. As for which one is gaining, over the past 12 months HUF strengthened by 3.1% against RUB, so on momentum the Hungarian Forint (HUF) is the stronger of the two.
How do HUF and RUB perform against other major currencies?
Against a basket of 15 major currencies over the past 12 months, HUF ranks #3 of 16 (+4.1%) while RUB ranks #7 (+0.8%).
What does the HUF vs RUB strength comparison show?
Rather than a single exchange rate, this page compares how each currency performed against a basket of 15 major currencies, then derives their relative strength. It filters out moves caused by the other currency alone and shows who is truly stronger.
How often is the data updated?
Every trading day (Monday to Friday), after the European Central Bank publishes its reference rates, usually around 16:00 CET.