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

EUR/USD 1.1241 1.1494 1.1844      GBP/USD 1.3354 1.3627 1.4004      USD/JPY 144.6402 135.8082 124.7508      USD/CAD 1.3952 1.3571 1.3075      USD/CHF 0.8332 0.8374 0.843      USD/SEK 9.682 9.2939 8.7954      USD/NOK 10.3154 9.7954 9.1357      USD/PLN 3.7797 3.7141 3.6275      USD/CZK 22.1688 22.0381 21.8632      USD/HUF 358.1977 341.5356 320.2962      EUR/GBP 0.8418 0.8435 0.8457      EUR/JPY 162.59 156.0963 147.7517      EUR/CAD 1.5683 1.5599 1.5486      EUR/CHF 0.9366 0.9625 0.9984      EUR/SEK 10.8835 10.6823 10.417      EUR/NOK 11.5955 11.2587 10.82      EUR/PLN 4.2488 4.269 4.2963      EUR/CZK 24.92 25.3304 25.8942      EUR/HUF 402.65 392.5567 379.3509      GBP/CAD 1.863 1.8494 1.8311      GBP/CHF 1.1126 1.1411 1.1806      GBP/JPY 193.1456 185.0659 174.7072      GBP/SEK 12.9288 12.6648 12.3175      GBP/NOK 13.7746 13.3481 12.794      GBP/PLN 5.0473 5.0613 5.0802      GBP/CZK 29.6032 30.0314 30.6183      GBP/HUF 478.3203 465.4105 448.5587      CAD/CHF 0.5972 0.617 0.6447      CAD/JPY 103.6728 100.0692 95.4093      CAD/SEK 6.9397 6.8482 6.7267      CAD/NOK 7.3937 7.2176 6.9869      CAD/PLN 2.7092 2.7367 2.7743      CAD/CZK 15.8898 16.2386 16.721      CAD/HUF 256.743 251.6578 244.9623      CHF/USD 1.2002 1.1942 1.1862      CHF/JPY 173.596 162.1847 147.9811      CHF/SEK 11.6202 11.099 10.4332      CHF/NOK 12.3804 11.6978 10.8368      CHF/PLN 4.5364 4.4355 4.303      CHF/HUF 429.906 407.8682 379.9399      CHF/CZK 26.6069 26.3184 25.9344

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