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

EUR/USD 1.0847 1.095 1.1403      GBP/USD 1.3043 1.3153 1.3636      USD/JPY 150.0415 146.5349 132.3602      USD/CAD 1.3792 1.3669 1.3153      USD/CHF 0.8667 0.8666 0.8665      USD/SEK 10.5287 10.3386 9.5592      USD/NOK 10.8892 10.6686 9.7694      USD/PLN 3.9721 3.9391 3.8002      USD/CZK 23.259 23.1662 22.7711      USD/HUF 368.8117 362.2796 335.472      EUR/GBP 0.8316 0.8325 0.8362      EUR/JPY 162.75 160.4512 150.9259      EUR/CAD 1.496 1.4967 1.4998      EUR/CHF 0.9401 0.949 0.988      EUR/SEK 11.4205 11.3205 10.9      EUR/NOK 11.8115 11.6818 11.1397      EUR/PLN 4.3085 4.3132 4.3333      EUR/CZK 25.229 25.3662 25.9652      EUR/HUF 400.05 396.6849 382.5274      GBP/CAD 1.7988 1.7978 1.7935      GBP/CHF 1.1304 1.1399 1.1815      GBP/JPY 195.6953 192.7317 180.4852      GBP/SEK 13.7323 13.598 13.0348      GBP/NOK 14.2025 14.032 13.3215      GBP/PLN 5.1807 5.1809 5.182      GBP/CZK 30.3361 30.4696 31.0505      GBP/HUF 481.0317 476.4922 457.4465      CAD/CHF 0.6284 0.634 0.6588      CAD/JPY 108.7901 107.2024 100.6319      CAD/SEK 7.634 7.5636 7.2677      CAD/NOK 7.8954 7.805 7.4276      CAD/PLN 2.88 2.8818 2.8893      CAD/CZK 16.8643 16.948 17.3126      CAD/HUF 267.4131 265.0374 255.0553      CHF/USD 1.1538 1.1539 1.1541      CHF/JPY 173.1199 169.0822 152.7583      CHF/SEK 12.1482 11.9294 11.0323      CHF/NOK 12.5641 12.3102 11.275      CHF/PLN 4.583 4.5452 4.3859      CHF/HUF 425.5398 418.0234 387.1718      CHF/CZK 26.8365 26.7307 26.2804

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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