FX rates (last) and forecasts (end 2024/end 2025)

EUR/USD 1.0578 1.0642 1.1147      GBP/USD 1.2647 1.2718 1.3273      USD/JPY 153.8192 151.6534 136.0486      USD/CAD 1.4022 1.3945 1.3361      USD/CHF 0.8819 0.8815 0.8781      USD/SEK 10.951 10.8264 9.9178      USD/NOK 11.0224 10.8905 9.9311      USD/PLN 4.0937 4.0709 3.9003      USD/CZK 23.9024 23.8295 23.2779      USD/HUF 385.1862 380.8275 349.0445      EUR/GBP 0.8364 0.8368 0.8398      EUR/JPY 162.71 161.3931 151.656      EUR/CAD 1.4833 1.484 1.4894      EUR/CHF 0.9329 0.9381 0.9789      EUR/SEK 11.584 11.5217 11.0556      EUR/NOK 11.6595 11.5899 11.0704      EUR/PLN 4.3303 4.3323 4.3478      EUR/CZK 25.284 25.3599 25.9483      EUR/HUF 407.45 405.2854 389.0867      GBP/CAD 1.7735 1.7735 1.7735      GBP/CHF 1.1154 1.1211 1.1656      GBP/JPY 194.5408 192.8749 180.5826      GBP/SEK 13.8502 13.7692 13.1643      GBP/NOK 13.9404 13.8506 13.182      GBP/PLN 5.1774 5.1774 5.177      GBP/CZK 30.2303 30.3066 30.8977      GBP/HUF 487.1589 484.3415 463.3003      CAD/CHF 0.6289 0.6321 0.6572      CAD/JPY 109.6946 108.755 101.8217      CAD/SEK 7.8096 7.7639 7.4227      CAD/NOK 7.8605 7.8099 7.4327      CAD/PLN 2.9194 2.9193 2.9191      CAD/CZK 17.0458 17.0888 17.4217      CAD/HUF 274.6916 273.1022 261.2325      CHF/USD 1.1339 1.1345 1.1388      CHF/JPY 174.4131 172.0433 154.9323      CHF/SEK 12.4172 12.282 11.2944      CHF/NOK 12.4981 12.3547 11.3096      CHF/PLN 4.6418 4.6182 4.4417      CHF/HUF 436.7564 432.0299 397.4921      CHF/CZK 27.1026 27.0333 26.5089

Team

Piotr Wdowiński

Co-Founder

Piotr Wdowiński is Associate Professor and Head of The Econometrics Department at The University of Lodz, Poland. He is a former Director of The Institute of Econometrics at The University of Lodz. In the past, he used to work as an economist at The Polish Financial Supervision Authority. He is the author of monographs and scientific publications in peer-reviewed journals, the principal researcher in European Union projects, The Committee for Scientific Research and The National Science Center. He is also the editor-in-chief of The Econometric Research in Finance journal. Piotr Wdowiński specializes in econometric modelling and forecasting of macroeconomic and financial processes, financial stability and macroprudential policy. He is a lecturer in econometrics, forecasting and data science. He has considerable experience in using econometric software and Linux server systems.

Michał Rubaszek

Co-Founder

Michał Rubaszek is Associate Professor and Head of Financial Markets Modelling Unit at SGH Warsaw School of Economics. In the past, he used to work as an economic advisor in the National Bank of Poland (Research Department) as well as expert in the European Central Bank (DG Economics). His research interest covers international economics, forecasting, heterogeneous agent models and exchange rate economics. He published in International Journal of Forecasting, Journal of International Economics, European Economic Review, Journal of Money, Credit & Banking, Journal of International Money & Finance and Energy Economics.

Forecasts

The Economic and Financial Forecasts IPEF system was created to help businesses and individuals manage medium-term risk related to the future dynamics of key variables. The underlying procedures are based on the results of most recent studies focusing on forecasting financial variables, which have been published in recognized academic journals. To this end, the IPEF forecasting system has been developed to provide a bridge between businesses’ needs and the findings of academic research.

All forecasts are calculated and updated automatically once a day. They are based on econometric models and the most recent information from financial markets. Calculations are done in R/Shiny statistical package.

The current version is limited to major exchange rates, however future extensions for other variables, e.g. interest rates and commodity prices are to be expected.

Disclaimer: The information provided does not constitute professional financial investment advice. The IPEF is not an investment advisor, broker or dealer and it does not rely on any insider information.

Mission

The Economic and Financial Forecasts IPEF's mission is to bridge the gap between the business needs and the findings of academic research.

Vision

The Economic and Financial Forecasts IPEF's vision is to make the best use of statistical and econometric methods to improve the quality of models and forecasts.

Forecasting systems

based on econometric models

and recent studies

Systems

Exchange rates

The IPEF exchange rate forecasting system is based on the results of a number of recent studies showing that exchange rates are predictable. They indicate that exchange rates are attracted towards their equilibrium levels. Spot exchange rates within the system are updated daily (at midnight CET) from Eurostat. Equilibrium exchange rates are updated monthly using macroeconomic data taken from Federal Reserve Economic Data (FRED). All calculations on raw data are done by IPEF in R/Shiny statistical package. The IPEF system uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis. With the IPEF system you can easily forecast exchange rates of major currencies, e.g. EUR/USD, EUR/CHF, EUR/GBP and more. You can use the forecasts in Forex trading and FX hedging strategies.

Contact

E-mail
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