Required:

The current spot exchange rate is HUF$268$ per $$1\mathrm{.}00.$ Long$-$run inflation in Hungary is estimated at $10$ percent annually and $3$ percent in the United States. If PPP is expected to hold between the two countries, whigat spot exchange should one forecast five years into the future?

Note: Round your answer to $2$ decimal places.

Future spot exchange rate