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

EUR/USD 1.1043 1.1185 1.1597      GBP/USD 1.3088 1.3249 1.3718      USD/JPY 141.8093 137.4433 125.7851      USD/CAD 1.3581 1.3416 1.296      USD/CHF 0.8474 0.8487 0.8522      USD/SEK 10.355 10.09 9.3754      USD/NOK 10.8096 10.4916 9.6403      USD/PLN 3.8824 3.8407 3.7251      USD/CZK 22.7185 22.6218 22.35      USD/HUF 358.7793 350.0529 326.4552      EUR/GBP 0.8438 0.8442 0.8454      EUR/JPY 156.6 153.7279 145.8703      EUR/CAD 1.4997 1.5006 1.503      EUR/CHF 0.9358 0.9492 0.9883      EUR/SEK 11.435 11.2855 10.8724      EUR/NOK 11.937 11.7347 11.1796      EUR/PLN 4.2873 4.2958 4.3199      EUR/CZK 25.088 25.3021 25.9188      EUR/HUF 396.2 391.528 378.583      GBP/CAD 1.7774 1.7775 1.7779      GBP/CHF 1.1091 1.1244 1.169      GBP/JPY 185.6 182.1034 172.5466      GBP/SEK 13.5526 13.3686 12.8607      GBP/NOK 14.1476 13.9007 13.2241      GBP/PLN 5.0812 5.0887 5.1099      GBP/CZK 29.7339 29.9724 30.6587      GBP/HUF 469.5704 463.7973 447.8171      CAD/CHF 0.624 0.6326 0.6576      CAD/JPY 104.4209 102.4471 97.0531      CAD/SEK 7.6249 7.5209 7.2338      CAD/NOK 7.9596 7.8202 7.4382      CAD/PLN 2.8588 2.8628 2.8742      CAD/CZK 16.7287 16.8618 17.2447      CAD/HUF 264.1862 260.9215 251.8858      CHF/USD 1.1801 1.1783 1.1734      CHF/JPY 167.3434 161.9523 147.597      CHF/SEK 12.2195 11.8893 11.0011      CHF/NOK 12.7559 12.3625 11.3119      CHF/PLN 4.5814 4.5256 4.371      CHF/HUF 423.3811 412.4746 383.0643      CHF/CZK 26.8091 26.6557 26.2256

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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