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LOOM to HUF Converter and calculator

LOOM/HUF: 1 LOOM = 0.5356 HUF. The price of converting 1 Loom Network (LOOM) to Hungarian Forint (HUF) is 0.5356 HUF today.
LOOM
LOOM
HUF
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOM to HUF real-time exchange rates, making it easy to convert Loom Network (LOOM) to Hungarian Forint (HUF). The conversion result is based on real-time data. The conversion result shows that 1 LOOM is currently valued at 0.5356 HUF. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOM is currently valued at 0.5356 HUF, which means buying 5 LOOM would cost 2.68 HUF. Similarly, Ft1 HUF can be converted to 1.87 LOOM, and Ft50 HUF can be converted to 9.33 LOOM, excluding any platform or gas fees.

Convert LOOM to HUF

Convert HUF to LOOM

Loom Network
Hungarian Forint
1 LOOM
0.5356  HUF
Exchange 1 LOOM for 0.5356 HUF
2 LOOM
1.07  HUF
Exchange 2 LOOM for 1.07 HUF
5 LOOM
2.68  HUF
Exchange 5 LOOM for 2.68 HUF
10 LOOM
5.36  HUF
Exchange 10 LOOM for 5.36 HUF
20 LOOM
10.71  HUF
Exchange 20 LOOM for 10.71 HUF
50 LOOM
26.78  HUF
Exchange 50 LOOM for 26.78 HUF
100 LOOM
53.56  HUF
Exchange 100 LOOM for 53.56 HUF
200 LOOM
107.13  HUF
Exchange 200 LOOM for 107.13 HUF
500 LOOM
267.82  HUF
Exchange 500 LOOM for 267.82 HUF
1000 LOOM
535.64  HUF
Exchange 1000 LOOM for 535.64 HUF
5000 LOOM
2,678.21  HUF
Exchange 5000 LOOM for 2,678.21 HUF
10000 LOOM
5,356.41  HUF
Exchange 10000 LOOM for 5,356.41 HUF
In the table above, you'll find a comprehensive LOOM to HUF converter that shows the value of Loom Network in Hungarian Forint across commonly used conversion amounts. The list covers conversions from 1 LOOM to HUF, all the way up to 10000 LOOM, providing a clear view of their respective values.
Hungarian Forint
Loom Network
1 HUF
1.87 LOOM
Exchange 1 HUF for 1.87 LOOM
10 HUF
18.67 LOOM
Exchange 10 HUF for 18.67 LOOM
50 HUF
93.35 LOOM
Exchange 50 HUF for 93.35 LOOM
100 HUF
186.69 LOOM
Exchange 100 HUF for 186.69 LOOM
200 HUF
373.38 LOOM
Exchange 200 HUF for 373.38 LOOM
500 HUF
933.46 LOOM
Exchange 500 HUF for 933.46 LOOM
1000 HUF
1,866.92 LOOM
Exchange 1000 HUF for 1,866.92 LOOM
2000 HUF
3,733.84 LOOM
Exchange 2000 HUF for 3,733.84 LOOM
5000 HUF
9,334.61 LOOM
Exchange 5000 HUF for 9,334.61 LOOM
10000 HUF
18,669.22 LOOM
Exchange 10000 HUF for 18,669.22 LOOM
50000 HUF
93,346.08 LOOM
Exchange 50000 HUF for 93,346.08 LOOM
100000 HUF
186,692.17 LOOM
Exchange 100000 HUF for 186,692.17 LOOM
In the table above, you'll find a comprehensive HUF to LOOM converter that shows the value of Hungarian Forint in Loom Network across commonly used conversion amounts. The list covers conversions from 1 HUF to LOOM, all the way up to 100000 HUF, providing a clear view of their respective values.

LOOM to HUF chart

LOOM/HUF: 1 LOOM = 0.5356 HUF; 2025/08/03 04:51:48
In the past 1D, Loom Network has changed +13.91% to HUF. Based on the trend and price charts, Loom Network(LOOM) has changed +13.91% to HUF while Hungarian Forint(HUF) has changed % to LOOM in the last 24 hours.
1D7D1M3M1YAll

LOOM to HUF conversion data: Volatility and price changes of Loom Network in HUF

The highest Loom Network price in HUF over the past 7 days was 0.7162 HUF while the lowest Loom Network price in HUF over the past 7 days was 0.4570 HUF. The relative change between the highs and lows in Loom Network price in HUF over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOM 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
0.7162 HUF
0.7162 HUF
1.38 HUF
16.47 HUF
Low
0.5293 HUF
0.4570 HUF
0.4570 HUF
0.4570 HUF
Average
0 HUF
0 HUF
0 HUF
0 HUF
Volatility
%
%
%
%
Change
+13.91%
-5.38%
-28.67%
-95.03%

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Loom Network information

LOOM to HUF market statistics

LOOM/HUF:
Ft0.5356
LOOM 24h volume:
Ft265,284,722.68
LOOM market cap:
Ft665,759,504.47
LOOM circulating supply:
1.24B LOOM

Current LOOM to HUF exchange rate

Loom Network to Hungarian Forint is falling this week.
Loom Network's current market price is Ft0.5356 per LOOM, with a total market cap of Ft665,759,504.47 HUF based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by +6.12% (Ft15,296,527.66 HUF) in the last 24 hours. Last trading day, LOOM's trading volume was Ft249,988,195.02.

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

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How to convert LOOM to HUF

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LOOM to HUF Conversion tables

The exchange rate of Loom Network is decreasing.
The exchange rate of 1 LOOM to Hungarian Forint has changed by -5.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.91%, reaching a high of 0.7162 HUF and a low of 0.5293 HUF . One month ago, the value of 1 LOOM was Ft0.7782 HUF , which represents a -28.67% change from its current value. Over the last year, Loom Network has changed by
-Ft
18.32HUF
, resulting in a change of -96.81% in its value.
24 hours ago1 month ago1 year ago
Amount 04:51 am today 24 hours ago 24h change
0.5 LOOM
Ft0.2678Ft0.2310
+13.91%
1 LOOM
Ft0.5356Ft0.4620
+13.91%
5 LOOM
Ft2.68Ft2.31
+13.91%
10 LOOM
Ft5.36Ft4.62
+13.91%
50 LOOM
Ft26.78Ft23.1
+13.91%
100 LOOM
Ft53.56Ft46.2
+13.91%
500 LOOM
Ft267.82Ft230.98
+13.91%
1000 LOOM
Ft535.64Ft461.96
+13.91%

LOOM to HUF FAQ

How much is 1 Loom Network in HUF?
Right now, the price of 1 Loom Network (LOOM) in Hungarian Forint (HUF) is Ft0.5356.
How much LOOM can I buy for 1 HUF?
Based on the current exchange rate, you can get 1.87 LOOM for 1 HUF.
How do I calculate or convert LOOM to HUF?
You can use our LOOM to HUF calculator at the top of this page to convert any amount of LOOM to HUF. We've also included quick-reference tables for the most popular conversions. For example, 5 HUF is equivalent to 9.33 LOOM, while 5 LOOM will cost around 2.68HUF.
What is the highest price of LOOM/HUF in history?
The all-time high price of 1 LOOM in HUF is Ft266.42. It remains to be seen if the value of 1 LOOM/HUF will exceed the current all-time high.
What is the price trend of Loom Network in HUF?
Over the past 7 days, the exchange rate of Loom Network (LOOM) has gone down by 5.38%.   Over the last month, the exchange rate of Loom Network (LOOM) has gone down by 28.67% against Hungarian Forint (HUF).

What factors influence the conversion rate of LOOM to HUF?

There are many factors that affect the relationship between Loom Network 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 LOOM/HUF. When there is positive news in the market about the widespread adoption of LOOM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOM/HUF. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOM/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 LOOM/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 Loom Network 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 Loom Network currency pairs: LOOM to US Dollar (USD), LOOM to Euro (EUR), LOOM to Pound Sterling (GBP), LOOM to Canadian Dollar (CAD), LOOM to Indian Rupee (INR), LOOM to Pakistani Rupee (PKR), LOOM to Brazilian Real (BRL), LOOM to…
The price of Loom Network in the US is $0.001557 USD. Additionally, Loom Network’s price is €0.001343 EUR in the eurozone, £0.001172 GBP in the UK, C$0.002149 CAD in Canada, ₹0.1357 INR in India, ₨0.4410 PKR in Pakistan, R$0.008629 BRL in Brazil, and more.
The most popular Loom Network currency pair is the LOOM to Hungarian Forint(HUF). The price of 1 Loom Network (LOOM) in Hungarian Forint (HUF) is Ft0.5356.

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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.