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

EUR/USD 1.0902 1.1125 1.1548      GBP/USD 1.297 1.3222 1.37      USD/JPY 158.3654 149.4798 134.4218      USD/CAD 1.3677 1.3423 1.2969      USD/CHF 0.8953 0.8924 0.887      USD/SEK 10.5985 10.173 9.4347      USD/NOK 10.8067 10.3375 9.5273      USD/PLN 3.9152 3.85 3.7331      USD/CZK 23.2544 23.0578 22.7004      USD/HUF 359.5028 346.5157 323.8473      EUR/GBP 0.8406 0.8414 0.843      EUR/JPY 172.65 166.302 155.2324      EUR/CAD 1.4911 1.4934 1.4977      EUR/CHF 0.9761 0.9928 1.0243      EUR/SEK 11.5545 11.3179 10.8953      EUR/NOK 11.7815 11.5009 11.0023      EUR/PLN 4.2683 4.2833 4.3111      EUR/CZK 25.352 25.6527 26.2148      EUR/HUF 391.93 385.5121 373.9841      GBP/CAD 1.7739 1.7749 1.7767      GBP/CHF 1.1612 1.1799 1.2151      GBP/JPY 205.3939 197.6457 184.1533      GBP/SEK 13.7459 13.451 12.9252      GBP/NOK 14.0159 13.6685 13.052      GBP/PLN 5.0778 5.0906 5.1142      GBP/CZK 30.1601 30.4875 31.0988      GBP/HUF 466.2614 458.1712 443.6598      CAD/CHF 0.6546 0.6648 0.6839      CAD/JPY 115.787 111.3574 103.6499      CAD/SEK 7.749 7.5785 7.2749      CAD/NOK 7.9012 7.7011 7.3463      CAD/PLN 2.8625 2.8681 2.8785      CAD/CZK 17.0022 17.1773 17.5039      CAD/HUF 262.8462 258.1426 249.7122      CHF/USD 1.1169 1.1206 1.1274      CHF/JPY 176.8774 167.5051 151.5485      CHF/SEK 11.8374 11.3997 10.6367      CHF/NOK 12.07 11.5841 10.7411      CHF/PLN 4.3728 4.3143 4.2088      CHF/HUF 401.5265 388.301 365.1087      CHF/CZK 25.9727 25.8382 25.5927

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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