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

EUR/USD 1.0851 1.1067 1.15      GBP/USD 1.2875 1.3122 1.3617      USD/JPY 152.6311 145.0022 131.2154      USD/CAD 1.3842 1.3582 1.3091      USD/CHF 0.8786 0.8775 0.8752      USD/SEK 10.8506 10.4133 9.6111      USD/NOK 11.1349 10.645 9.7516      USD/PLN 3.9598 3.8931 3.7662      USD/CZK 23.3978 23.1963 22.8087      USD/HUF 362.4827 349.7667 326.2569      EUR/GBP 0.8428 0.8434 0.8445      EUR/JPY 165.62 160.4722 150.8967      EUR/CAD 1.502 1.5032 1.5054      EUR/CHF 0.9534 0.9711 1.0065      EUR/SEK 11.774 11.5242 11.0527      EUR/NOK 12.0825 11.7807 11.2142      EUR/PLN 4.2968 4.3084 4.3311      EUR/CZK 25.389 25.6711 26.2298      EUR/HUF 393.33 387.0825 375.1929      GBP/CAD 1.7822 1.7823 1.7826      GBP/CHF 1.1312 1.1514 1.1918      GBP/JPY 196.5116 190.2723 178.6784      GBP/SEK 13.9701 13.6643 13.0876      GBP/NOK 14.3361 13.9685 13.2789      GBP/PLN 5.0982 5.1085 5.1285      GBP/CZK 30.1246 30.4383 31.059      GBP/HUF 466.6944 458.9648 444.2697      CAD/CHF 0.6348 0.646 0.6686      CAD/JPY 110.2663 106.7567 100.2358      CAD/SEK 7.8389 7.6667 7.342      CAD/NOK 8.0443 7.8373 7.4493      CAD/PLN 2.8607 2.8662 2.877      CAD/CZK 16.9035 17.0781 17.4236      CAD/HUF 261.8708 257.5128 249.2285      CHF/USD 1.1381 1.1397 1.1426      CHF/JPY 173.7151 165.2521 149.9281      CHF/SEK 12.3495 11.8675 10.9818      CHF/NOK 12.6731 12.1317 11.1423      CHF/PLN 4.5068 4.4367 4.3033      CHF/HUF 412.5551 398.6125 372.7845      CHF/CZK 26.63 26.4358 26.0614

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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