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

EUR/USD 1.054 1.058 1.1096      GBP/USD 1.2729 1.2772 1.3318      USD/JPY 150.3985 149.1321 134.25      USD/CAD 1.405 1.4001 1.3405      USD/CHF 0.8828 0.8825 0.879      USD/SEK 10.9198 10.8428 9.9298      USD/NOK 11.0626 10.9794 9.9955      USD/PLN 4.0555 4.042 3.8784      USD/CZK 23.8577 23.8131 23.2652      USD/HUF 390.7021 387.8554 354.1483      EUR/GBP 0.828 0.8284 0.8331      EUR/JPY 158.52 157.7877 148.9604      EUR/CAD 1.4809 1.4814 1.4873      EUR/CHF 0.9305 0.9338 0.9753      EUR/SEK 11.5095 11.4722 11.0179      EUR/NOK 11.66 11.6166 11.0907      EUR/PLN 4.2745 4.2766 4.3033      EUR/CZK 25.146 25.1952 25.8145      EUR/HUF 411.8 410.3664 392.9539      GBP/CAD 1.7885 1.7883 1.7853      GBP/CHF 1.1238 1.1272 1.1706      GBP/JPY 191.4493 190.4774 178.7984      GBP/SEK 13.9004 13.8489 13.2248      GBP/NOK 14.0821 14.0233 13.3123      GBP/PLN 5.1624 5.1627 5.1653      GBP/CZK 30.3696 30.415 30.9853      GBP/HUF 497.343 495.3842 471.666      CAD/CHF 0.6283 0.6303 0.6557      CAD/JPY 107.043 106.5141 100.1527      CAD/SEK 7.772 7.7442 7.4078      CAD/NOK 7.8736 7.8418 7.4568      CAD/PLN 2.8864 2.8869 2.8933      CAD/CZK 16.9802 17.0079 17.3562      CAD/HUF 278.0741 277.0167 264.2005      CHF/USD 1.1327 1.1331 1.1377      CHF/JPY 170.36 168.9809 152.739      CHF/SEK 12.3692 12.286 11.2973      CHF/NOK 12.5309 12.4407 11.372      CHF/PLN 4.5938 4.58 4.4125      CHF/HUF 442.5578 439.4773 402.9218      CHF/CZK 27.0242 26.9825 26.4693

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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