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

EUR/USD 1.0688 1.0963 1.1414      GBP/USD 1.2644 1.2964 1.3488      USD/JPY 158.8885 148.7026 133.8544      USD/CAD 1.369 1.34 1.2953      USD/CHF 0.8923 0.8893 0.8847      USD/SEK 10.5207 10.0486 9.3421      USD/NOK 10.5431 10.0513 9.317      USD/PLN 4.0438 3.9529 3.8128      USD/CZK 23.343 23.1109 22.7472      USD/HUF 371.3791 354.8058 329.9976      EUR/GBP 0.8453 0.8457 0.8462      EUR/JPY 169.82 163.0217 152.7825      EUR/CAD 1.4632 1.4691 1.4784      EUR/CHF 0.9537 0.975 1.0098      EUR/SEK 11.2445 11.0162 10.6632      EUR/NOK 11.2685 11.0191 10.6345      EUR/PLN 4.322 4.3335 4.3519      EUR/CZK 24.949 25.3364 25.9638      EUR/HUF 396.93 388.9715 376.6618      GBP/CAD 1.731 1.7372 1.7471      GBP/CHF 1.1282 1.1529 1.1933      GBP/JPY 200.8967 192.7751 180.549      GBP/SEK 13.3022 13.0268 12.6011      GBP/NOK 13.3306 13.0302 12.5672      GBP/PLN 5.1129 5.1245 5.1428      GBP/CZK 29.5146 29.9606 30.6825      GBP/HUF 469.5674 459.9632 445.1161      CAD/CHF 0.6518 0.6637 0.683      CAD/JPY 116.0607 110.9692 103.3402      CAD/SEK 7.6849 7.4987 7.2124      CAD/NOK 7.7013 7.5007 7.193      CAD/PLN 2.9538 2.9498 2.9436      CAD/CZK 17.051 17.2465 17.5616      CAD/HUF 271.2753 264.7737 254.7695      CHF/USD 1.1207 1.1244 1.1304      CHF/JPY 178.0644 167.2049 151.3071      CHF/SEK 11.7904 11.2989 10.5602      CHF/NOK 11.8156 11.3019 10.5318      CHF/PLN 4.5318 4.4447 4.3099      CHF/HUF 416.2001 398.9527 373.0245      CHF/CZK 26.1602 25.9865 25.7131

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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