Váltóárfolyamok

Váltóárfolyamok refer to the exchange rate between two currencies. It indicates how much of one currency is needed to purchase a unit of another currency. For example, if the EUR/USD exchange rate is 1.10, it means that one Euro can be exchanged for 1.10 US Dollars. These rates are crucial for international trade, tourism, and investment.

Exchange rates are determined by supply and demand in the foreign exchange market, also known as Forex. Factors influencing these rates include economic performance, interest rates, inflation, political stability, and market speculation. Central banks can also intervene in the market to influence their country's currency value.

There are two main types of exchange rates: fixed and floating. A fixed exchange rate system pegs a currency's value to another currency or a basket of currencies. This provides stability but limits a country's monetary policy independence. A floating exchange rate system allows the currency's value to fluctuate freely based on market forces. This offers flexibility but can lead to volatility.

Currency exchange rates can be quoted in various ways, such as direct quotation (e.g., USD/HUF 300, meaning 300 Hungarian Forints per US Dollar) or indirect quotation (e.g., HUF/USD 0.0033, meaning 0.0033 US Dollars per Hungarian Forint). Understanding these quotes is essential for accurate transactions.