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

EUR/USD 1.084 1.1137 1.1557      GBP/USD 1.2717 1.3074 1.3581      USD/JPY 157.0849 145.9083 131.836      USD/CAD 1.3713 1.3382 1.294      USD/CHF 0.9155 0.909 0.9003      USD/SEK 10.7002 10.133 9.4024      USD/NOK 10.6045 10.037 9.3063      USD/PLN 3.9256 3.8409 3.7274      USD/CZK 22.8192 22.6322 22.3778      USD/HUF 355.3321 339.3443 318.5422      EUR/GBP 0.8524 0.8518 0.851      EUR/JPY 170.28 162.4913 152.3667      EUR/CAD 1.4865 1.4903 1.4955      EUR/CHF 0.9924 1.0124 1.0405      EUR/SEK 11.599 11.2847 10.8666      EUR/NOK 11.4953 11.1777 10.7556      EUR/PLN 4.2553 4.2774 4.3079      EUR/CZK 24.736 25.2045 25.8627      EUR/HUF 385.18 377.9121 368.1484      GBP/CAD 1.7439 1.7496 1.7574      GBP/CHF 1.1642 1.1885 1.2227      GBP/JPY 199.763 190.7622 179.052      GBP/SEK 13.6073 13.248 12.7698      GBP/NOK 13.4856 13.1225 12.6393      GBP/PLN 4.9921 5.0216 5.0624      GBP/CZK 29.0189 29.5897 30.3923      GBP/HUF 451.8718 443.6628 432.6255      CAD/CHF 0.6676 0.6793 0.6957      CAD/JPY 114.551 109.0332 101.8822      CAD/SEK 7.8029 7.5721 7.2661      CAD/NOK 7.7331 7.5003 7.1919      CAD/PLN 2.8626 2.8702 2.8805      CAD/CZK 16.6404 16.9124 17.2935      CAD/HUF 259.1187 253.5826 246.1677      CHF/USD 1.0923 1.1001 1.1108      CHF/JPY 171.584 160.5069 146.4429      CHF/SEK 11.6878 11.1469 10.4441      CHF/NOK 11.5833 11.0412 10.3374      CHF/PLN 4.2879 4.2251 4.1404      CHF/HUF 388.1298 373.2969 353.8354      CHF/CZK 24.9254 24.8967 24.8572

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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