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

EUR/USD 1.0653 1.1016 1.1458      GBP/USD 1.2442 1.2887 1.3429      USD/JPY 154.5856 142.3762 129.2795      USD/CAD 1.3767 1.338 1.294      USD/CHF 0.9087 0.9024 0.8951      USD/SEK 10.949 10.2505 9.4879      USD/NOK 11.0438 10.3064 9.504      USD/PLN 4.0646 3.9442 3.8075      USD/CZK 23.7182 23.3643 22.9559      USD/HUF 371.0692 349.7344 326.2697      EUR/GBP 0.8562 0.8548 0.8533      EUR/JPY 164.68 156.8471 148.1337      EUR/CAD 1.4666 1.474 1.4827      EUR/CHF 0.968 0.9941 1.0256      EUR/SEK 11.664 11.2924 10.8716      EUR/NOK 11.765 11.3539 10.89      EUR/PLN 4.33 4.345 4.3628      EUR/CZK 25.267 25.739 26.3038      EUR/HUF 395.3 385.2809 373.8532      GBP/CAD 1.7129 1.7243 1.7377      GBP/CHF 1.1306 1.1629 1.202      GBP/JPY 192.3382 183.4797 173.6085      GBP/SEK 13.623 13.2098 12.7412      GBP/NOK 13.7409 13.2818 12.7628      GBP/PLN 5.0572 5.0828 5.113      GBP/CZK 29.5106 30.1094 30.8272      GBP/HUF 461.6912 450.7015 438.1451      CAD/CHF 0.66 0.6744 0.6917      CAD/JPY 112.2869 106.4109 99.9099      CAD/SEK 7.9531 7.6612 7.3324      CAD/NOK 8.022 7.7029 7.3449      CAD/PLN 2.9524 2.9478 2.9425      CAD/CZK 17.2283 17.4623 17.7408      CAD/HUF 269.535 261.3889 252.1481      CHF/USD 1.1005 1.1082 1.1172      CHF/JPY 170.124 157.7772 144.4334      CHF/SEK 12.0496 11.3594 10.6001      CHF/NOK 12.1539 11.4212 10.618      CHF/PLN 4.4731 4.3708 4.2538      CHF/HUF 408.3678 387.5657 364.5143      CHF/CZK 26.1023 25.8916 25.6467

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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