FX rates (last) and forecasts (end 2023/end 2024)

EUR/USD 1.0717 1.1093 1.1498      GBP/USD 1.224 1.2749 1.3301      USD/JPY 131.3521 122.4135 113.7448      USD/CAD 1.3688 1.3289 1.2886      USD/CHF 0.9264 0.9115 0.8963      USD/SEK 10.41 9.7596 9.125      USD/NOK 10.6569 9.9206 9.2073      USD/PLN 4.3898 4.2374 4.0842      USD/CZK 22.3831 22.5137 22.6507      USD/HUF 372.5016 350.2979 328.5654      EUR/GBP 0.8756 0.8701 0.8644      EUR/JPY 140.77 135.7895 130.7865      EUR/CAD 1.4669 1.4741 1.4816      EUR/CHF 0.9928 1.0111 1.0306      EUR/SEK 11.1564 10.826 10.4922      EUR/NOK 11.421 11.0046 10.5868      EUR/PLN 4.7045 4.7004 4.6961      EUR/CZK 23.988 24.9738 26.0443      EUR/HUF 399.21 388.5747 377.7925      GBP/CAD 1.6753 1.6941 1.714      GBP/CHF 1.1339 1.162 1.1922      GBP/JPY 160.7698 156.059 151.2965      GBP/SEK 12.7414 12.4421 12.1376      GBP/NOK 13.0436 12.6473 12.247      GBP/PLN 5.3729 5.402 5.4325      GBP/CZK 27.3961 28.7017 30.1286      GBP/HUF 455.9274 446.5777 437.0379      CAD/CHF 0.6768 0.6859 0.6955      CAD/JPY 95.9643 92.117 88.2716      CAD/SEK 7.6054 7.3442 7.0815      CAD/NOK 7.7858 7.4653 7.1453      CAD/PLN 3.2071 3.1886 3.1695      CAD/CZK 16.3529 16.9417 17.578      CAD/HUF 272.1453 263.6015 254.9829      CHF/USD 1.0795 1.0971 1.1157      CHF/JPY 141.7909 134.2974 126.9091      CHF/SEK 11.2373 10.7071 10.1811      CHF/NOK 11.5038 10.8837 10.2729      CHF/PLN 4.7386 4.6487 4.5569      CHF/HUF 402.1052 384.3048 366.5921      CHF/CZK 24.162 24.6994 25.2722

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
Przewiń do góry