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Frequently Asked Questions (FAQs) EUR-HUFFAQ's

How will I find the best euro to Hungarian Forint exchange rate today? Abrir Respuesta

We are a currency exchange comparison engine that helps you acquire Hungarian Forints at the best exchange rate today in Spain. Our goal is for you to save when exchanging currency for a trip abroad, and also upon return, if you have leftover banknotes and want to change them into euros.

To obtain the best euro to Hungarian Forint exchange rate today, browse to the foreign currency you want to acquire, type in the quantity of Euros you need to change to Hungarian Forints.

By default we will show you the home-delivery Hungarian Forints prices. As a rule, you will find the best foreign exchange prices with us rather than directly at your bank or currency supplier.

And if, in addition, you select your province, we will show you the Hungarian Forints you will obtain you at the currency providers outlets for the same Euros.

Is it safe to order online or click and collect forints in Spain? Abrir Respuesta

The economical forints prices are usually obtained when you acquire them online choosing the home delivery option. You can also find interesting rates online by choosing the click and collect option near you.

Regarding to Spanish banks, the majority offer online reservation. In some cases let you order online and pick-up your forints later that month. Nevertheless the Euro to Hungarian Forint rate you will have to pay will be, that of the day you collect them, not that of the day you made the reservation of the forints.

Do I have to show any type of document to order forints? Abrir Respuesta

Generally, if you change forints at a bank store, they will already know their customers and you will only need to identify yourself as a client of your entity.

When you change forints at a travel money provider´s office, on the street or at the airport, you will need to provide a valid and current identity document (resident´s ID card (DNI or NIE) or passport in Spain). Bear in mind that your driver's license will not be accepted as a valid document when changing Euros to forints.

Where to order and where not to acquire forints in Spain Abrir Respuesta

Cambiator does not recommend ordering forints at the airport. This should be your last alternative, as it is the least cheap.

We also do not recommend changing your forints in a Spanish bank since almost all banks in Spain impose on you a 3% fee, with a minimum (whichever is higher) quantity of 6 to 10 euros. Unless you are able to discuss with them avoiding the commission.

When is the best moment to purchase forints HUF? Abrir Respuesta

There isn´t a best time to order forints HUF because the euro to Hungarian Forint prices vary continously depending on the strengths of the economies of the Euro countries with respect to the countries that use forints HUF.

It is, however, recommended to pay attention to events such as Brexit, major sporting events or wars like the Ukraine one, where the rates of a currency can vary upwards or downwards with respect to the Euro.

Although no one can know how the Euro to Hungarian Forint rates will fluctuate, at Cambiator we help you to obtain forints HUF at the best rate day to day in Spain.

Is there a maximum quantity of forints that I can buy online in Spain? Abrir Respuesta

The median amount of forints in Spain of a traveler who exchanges Euros for forints is normally around 700 €. If you have to buy more than 5,999 euros, the requirements that your foreign currency supplier will demand from you will be addiotional. In other words, they could ask you to demonstrate the origin of your Euros or your employment contract, etc.

Yet up to € per calendar quarter, the Spanish holiday money suppliers do not normally ask you for more than the Spanish ID card (DNI or NIE) to get forints.

Is it safe to order forints online in Spain? Abrir Respuesta

In places like the North America or the United Kingdom, it is customary to order travel money online. The traveler who needs to buy forints will go to a holyday money comparison service such as Cambiator or directly to a travel money provider and buy online forints or whatever currency she/he wants to obtain. These will be safe websites (https), where you pay securely with your card and receive your purchase at home.

In addition, an alternative is to book online your forints and collect and pay for them in person at the chosen supplier branch.

I have exchanged Euros to forints, what do I do with my leftover forints when I return to Spain? Abrir Respuesta

If you have forints left over after your trip, go to our Sell your currency tab, enter the Hungarian Forint quantity you did not spend (notes only, not loose coins) and select your city. We will tell you the nearest currency provider´s offices that will buy your exceeding forints from you and how many Euros they will hand you in exchange.

Bear in mind that they will only acquire you forints notes but not loose change.

Where can I purchase Hungarian Forints during my holidays in Spain? Abrir Respuesta

Consumers only think of their bank when they order Hungarian Forints with euros. But Cambiator recommends that you assess the possibility of foreign exchange suppliers. And the reason for this is because almost all banks in Spain apply on you a fixed fee of 3% (with a minimum of between 6 and 10 euros) in addition to a margin on the Hungarian Forints that you obtain from them.

On the other hand, the currency suppliers that proclaim no commission are more attractive to your wallet since they do not impose on you this fee.

Cambiator compares always for you the euro to Hungarian Forint currency exchange rates online and in your city so that you can choose the alternative that best suits you.

How does the euro to Hungarian Forint currency exchange work? Abrir Respuesta

To appreciate how foreign exchange works, think of any retail shop that offers a product to you as a consumer. The retailer buys products from a provider named wholesaler at a purchase price, to which it includes a profit margin.

The gap between the consumer price at which you buy in that shop (eg your forints from Hungary) and what it cost the store to get those forints from Hungary is the benefit it obtains in that foreign exchange.

Nevertheless there is a distinction in foreign exchange with other businesses. In general, foreign currency banknotes (forints from Hungary in this case) pass on from hand to hand, that is, they are not consumed.

For that reason, it may be the case that a bank or currency supplier purchases forints from Hungary from a traveler who enters Spain (obtaining a margin) and those same forints from Hungary become yours when you order that currency (new profit margin).