FX rates (last) and forecasts (end 2025/end 2026)

EUR/USD 1.1476 1.173 1.2038      GBP/USD 1.3366 1.3674 1.4048      USD/JPY 140.3364 131.3784 121.4773      USD/CAD 1.3847 1.3443 1.2977      USD/CHF 0.812 0.8196 0.8288      USD/SEK 9.5114 9.1093 8.6536      USD/NOK 10.3594 9.7713 9.1159      USD/PLN 3.7295 3.6644 3.5886      USD/CZK 21.8552 21.7608 21.6491      USD/HUF 356.7271 338.4477 317.9467      EUR/GBP 0.8586 0.8578 0.8569      EUR/JPY 161.05 154.1009 146.2346      EUR/CAD 1.5891 1.5768 1.5622      EUR/CHF 0.9318 0.9614 0.9978      EUR/SEK 10.9153 10.6848 10.4172      EUR/NOK 11.8885 11.4613 10.9738      EUR/PLN 4.28 4.2982 4.32      EUR/CZK 25.081 25.5244 26.0613      EUR/HUF 409.38 396.9836 382.7448      GBP/CAD 1.8508 1.8381 1.8231      GBP/CHF 1.0853 1.1207 1.1644      GBP/JPY 187.5772 179.6442 170.6553      GBP/SEK 12.7132 12.4558 12.1569      GBP/NOK 13.8467 13.3611 12.8064      GBP/PLN 4.985 5.0107 5.0414      GBP/CZK 29.2122 29.7552 30.4134      GBP/HUF 476.8105 462.7864 446.662      CAD/CHF 0.5864 0.6097 0.6387      CAD/JPY 101.3467 97.7325 93.6063      CAD/SEK 6.8689 6.7764 6.6682      CAD/NOK 7.4813 7.2689 7.0244      CAD/PLN 2.6933 2.726 2.7653      CAD/CZK 15.7831 16.1878 16.6821      CAD/HUF 257.6175 251.7715 244.9991      CHF/USD 1.2316 1.2201 1.2065      CHF/JPY 172.8375 160.2899 146.5628      CHF/SEK 11.7142 11.1139 10.4406      CHF/NOK 12.7586 11.9216 10.9984      CHF/PLN 4.5933 4.4709 4.3297      CHF/HUF 439.3432 412.9274 383.6039      CHF/CZK 26.9167 26.5495 26.1198

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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