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

EUR/USD 1.0686 1.1039 1.1477      GBP/USD 1.2434 1.2871 1.3416      USD/JPY 154.941 142.8671 129.6333      USD/CAD 1.3689 1.3322 1.2895      USD/CHF 0.9147 0.9076 0.8992      USD/SEK 10.8764 10.2046 9.4541      USD/NOK 10.9798 10.2681 9.476      USD/PLN 4.042 3.9276 3.7948      USD/CZK 23.6216 23.2893 22.8974      USD/HUF 368.0984 347.715 324.7733      EUR/GBP 0.8594 0.8576 0.8555      EUR/JPY 165.57 157.7085 148.7792      EUR/CAD 1.4628 1.4706 1.48      EUR/CHF 0.9774 1.0019 1.032      EUR/SEK 11.6225 11.2647 10.8504      EUR/NOK 11.733 11.3348 10.8755      EUR/PLN 4.3193 4.3356 4.3552      EUR/CZK 25.242 25.7087 26.2792      EUR/HUF 393.35 383.8363 372.74      GBP/CAD 1.702 1.7147 1.73      GBP/CHF 1.1372 1.1682 1.2063      GBP/JPY 192.6465 183.8867 173.9141      GBP/SEK 13.5232 13.1345 12.6835      GBP/NOK 13.6518 13.2163 12.7128      GBP/PLN 5.0257 5.0553 5.091      GBP/CZK 29.3699 29.9761 30.7188      GBP/HUF 457.6764 447.5498 435.7112      CAD/CHF 0.6682 0.6813 0.6973      CAD/JPY 113.187 107.2421 100.5289      CAD/SEK 7.9454 7.66 7.3316      CAD/NOK 8.0209 7.7077 7.3485      CAD/PLN 2.9528 2.9482 2.9428      CAD/CZK 17.2559 17.4819 17.7566      CAD/HUF 268.9021 261.0095 251.8575      CHF/USD 1.0933 1.1018 1.1121      CHF/JPY 169.3984 157.4165 144.1712      CHF/SEK 11.8912 11.2438 10.5144      CHF/NOK 12.0043 11.3138 10.5386      CHF/PLN 4.4192 4.3276 4.2203      CHF/HUF 402.4453 383.1258 361.1955      CHF/CZK 25.8257 25.6611 25.4653

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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