FX rates (last) and forecasts (end 2023/end 2024)

EUR/USD 1.0763 1.1044 1.1461      GBP/USD 1.2525 1.288 1.3409      USD/JPY 138.8646 130.742 119.8721      USD/CAD 1.3419 1.315 1.2771      USD/CHF 0.9066 0.8978 0.8852      USD/SEK 10.7317 10.1809 9.4369      USD/NOK 11.0053 10.3824 9.5468      USD/PLN 4.1787 4.092 3.9704      USD/CZK 21.9799 22.1135 22.3073      USD/HUF 345.0339 332.4056 315.0272      EUR/GBP 0.8593 0.8574 0.8548      EUR/JPY 149.46 144.3905 137.3906      EUR/CAD 1.4443 1.4522 1.4637      EUR/CHF 0.9758 0.9915 1.0146      EUR/SEK 11.5505 11.2437 10.8161      EUR/NOK 11.845 11.4662 10.942      EUR/PLN 4.4975 4.5192 4.5506      EUR/CZK 23.657 24.422 25.5674      EUR/HUF 371.36 367.1064 361.0663      GBP/CAD 1.6808 1.6937 1.7124      GBP/CHF 1.1356 1.1564 1.187      GBP/JPY 173.9323 168.396 160.7313      GBP/SEK 13.4418 13.113 12.6536      GBP/NOK 13.7845 13.3725 12.8008      GBP/PLN 5.2339 5.2705 5.3237      GBP/CZK 27.5305 28.4822 29.9109      GBP/HUF 432.1657 428.1391 422.4062      CAD/CHF 0.6756 0.6828 0.6932      CAD/JPY 103.4827 99.4273 93.8647      CAD/SEK 7.9973 7.7424 7.3895      CAD/NOK 8.2012 7.8956 7.4755      CAD/PLN 3.114 3.1119 3.109      CAD/CZK 16.3796 16.817 17.4675      CAD/HUF 257.1211 252.7893 246.679      CHF/USD 1.103 1.1138 1.1297      CHF/JPY 153.1666 145.626 135.4143      CHF/SEK 11.837 11.3399 10.6605      CHF/NOK 12.1388 11.5644 10.7846      CHF/PLN 4.609 4.5579 4.4852      CHF/HUF 380.5698 370.2476 355.8726      CHF/CZK 24.2437 24.631 25.1996

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
Przewiń do góry