This section of our site is completely devoted to the analysis currency pair euro dollar. According to the well-known world statistics, the EUR/USD pair on Forex is the most popular, as a rule, up to 80% trading operations on the market occurs precisely for this pair. That's why Forex forecast EUR/USD also the most popular section of our site. Here you will always find high-quality reviews and forecasts EUR exchange rate USD for today and tomorrow.
Forex forecast Euro Dollar (EUR/USD) for tomorrow
Due technical analysis four-hour chart of the euro, our specialists can provide for traders and investors Forecast Euro Dollar (EUR/USD) not only for today, but also for tomorrow. H4 chart analysis remains relevant for the next day, trading levels and targets can also be available for several days. As you can see, the pair has been trading sideways lately, and this makes the Euro Dollar (EUR/USD) Forecast Forecast reviews for tomorrow even more relevant.
EUR USD forecast online
We publish euro dollar analytics daily, as part of the reviews, our traders offer the most relevant trading ideas with open transactions on the price chart. Therefore, we can safely call this format of providing forecasts EUR USD forecast online.
Forecast Euro Dollar (EUR/USD) for today
Of course, if the review is written for tomorrow, it remains relevant for this moment and until the end of the current day if the cancellation levels have not been reached forex forecast EUR/USD for today. To stay up to date with the latest euro dollar forecasts for today, save this section to your bookmarks, and you can always quickly return to the section Forecast EUR/USD and assess the market situation.
It is directly dependent on how the trading on the Moscow Interbank Stock Exchange went. According to these data, the Central Bank announces the current values. This happens at about 11.30 Moscow time. CB different countries use various techniques for generating official information.
The most recent are the data on the exchange rate at the moment. It is these indicators that banks often use to maintain current indicators, so they can be used as the main criterion when buying or selling currency in exchangers. If a significant correction occurs between the hours of 11.30 am and the close of trading, the difference between the official, commercial, exchange rates will be significant.
How to find a favorable euro exchange rate?
We invite you to get acquainted with which banks have a favorable euro exchange rate. For convenience, the information is given:
- in the table;
- on the chart;
- official websites of banks.
You can easily go to the desired page with one click financial institution. We also show official data from the Central Bank of the Russian Federation. You can use them to identify the best data and calculate with a calculator.
Another popular service is presented on the site. With it, you can find out how the currency data has changed over the years, make your own personal forecast.
How to find out the commercial exchange rate of the euro?
This is where buying and selling takes place. foreign money. Everyone saw that at the entrance to the bank there is a board on which the current prices are displayed. A feature of the commercial rate is that the difference between buying and selling is greater than in the interbank market.
The euro exchange rate in exchangers today also depends on the trust in this monetary unit. If citizens prefer the euro in order to protect their savings, this leads to an increase in demand and an increase in the exchange rate. Movements can also depend on other factors ranging from natural Disasters ending with the statements of significant persons. Therefore, it is not always possible to predict the course for tomorrow or in the long term. Because of this, many people buy euros at a favorable rate, taking into account current indicators.
Euro exchange rate now 1.1094 dollars for 1 Euro. Range of changes: 1.1062 - 1.1223. Rate of the previous day: 1.1186. Change: -0.0092 dollars, -0.82%. Reverse course:
Forex euro exchange rate forecast for tomorrow, week and month.
Euro-dollar forecast for Monday, March 16th: 1.101 dollars, maximum 1.118, minimum 1.084. EUR-USD Forecast for Tuesday March 17th: $1.092, high 1.108, low 1.076. Euro-dollar forecast for Wednesday, March 18: $1.090, maximum 1.106, minimum 1.074. EUR-USD forecast for Thursday, March 19th: $1.075, high 1.091, low 1.059. Euro-dollar forecast for Friday, March 20: 1.090 dollars, maximum 1.106, minimum 1.074.A week later. EUR-USD forecast for Monday, March 23rd: $1.096, high 1.112, low 1.080. Euro-dollar forecast for Tuesday, March 24: 1.106 dollars, maximum 1.123, minimum 1.089. EUR-USD forecast for Wednesday, March 25th: $1.102, high 1.119, low 1.085. Euro-dollar forecast for Thursday, March 26: 1.105 dollars, maximum 1.122, minimum 1.088. EUR-USD forecast for Friday, March 27: $1.116, high 1.133, low 1.099.
Forex online: exchange rates.In 2 weeks. Euro-dollar forecast for Monday, March 30th: $1.118, maximum 1.135, minimum 1.101. EUR-USD forecast for Tuesday, March 31st: $1.131, high 1.148, low 1.114. Euro-dollar forecast for Wednesday, April 1: 1.131 dollars, maximum 1.148, minimum 1.114. EUR-USD forecast for Thursday, April 2nd: $1.134, high 1.151, low 1.117. The euro-dollar forecast for Friday, April 3rd: 1.134 dollars, a maximum of 1.151, a minimum of 1.117.
In 3 weeks. EUR-USD forecast for Monday, April 6th: $1.141, high 1.158, low 1.124. Euro-dollar forecast for Tuesday, April 7th: $1.139, maximum 1.156, minimum 1.122. EUR-USD forecast for Wednesday, April 8th: $1.141, high 1.158, low 1.124. Euro-dollar forecast for Thursday, April 9th: $1.136, maximum 1.153, minimum 1.119. EUR-USD forecast for Friday, April 10th: $1.137, high 1.154, low 1.120.
After 4 weeks. Euro-dollar forecast for Monday, April 13th: $1.136, maximum 1.153, minimum 1.119. EUR-USD Forecast for Tuesday April 14th: $1.133, high 1.150, low 1.116.
Euro exchange rate forecast for a month
| date | Day | Min | Max | Well |
| 16.03 | Monday | 1.084 | 1.118 | 1.101 |
| 17.03 | Tuesday | 1.076 | 1.108 | 1.092 |
| 18.03 | Wednesday | 1.074 | 1.106 | 1.090 |
| 19.03 | Thursday | 1.059 | 1.091 | 1.075 |
| 20.03 | Friday | 1.074 | 1.106 | 1.090 |
| 23.03 | Monday | 1.080 | 1.112 | 1.096 |
| 24.03 | Tuesday | 1.089 | 1.123 | 1.106 |
| 25.03 | Wednesday | 1.085 | 1.119 | 1.102 |
| 26.03 | Thursday | 1.088 | 1.122 | 1.105 |
| 27.03 | Friday | 1.099 | 1.133 | 1.116 |
| 30.03 | Monday | 1.101 | 1.135 | 1.118 |
| 31.03 | Tuesday | 1.114 | 1.148 | 1.131 |
| 01.04 | Wednesday | 1.114 | 1.148 | 1.131 |
| 02.04 | Thursday | 1.117 | 1.151 | 1.134 |
| 03.04 | Friday | 1.117 | 1.151 | 1.134 |
| 06.04 | Monday | 1.124 | 1.158 | 1.141 |
| 07.04 | Tuesday | 1.122 | 1.156 | 1.139 |
| 08.04 | Wednesday | 1.124 | 1.158 | 1.141 |
| 09.04 | Thursday | 1.119 | 1.153 | 1.136 |
| 10.04 | Friday | 1.120 | 1.154 | 1.137 |
| 13.04 | Monday | 1.119 | 1.153 | 1.136 |
| 14.04 | Tuesday | 1.116 | 1.150 | 1.133 |
| 15.04 | Wednesday | 1.111 | 1.145 | 1.128 |
| 16.04 | Thursday | 1.112 | 1.146 | 1.129 |
Euro exchange rate forecast for 2020, 2021, 2022, 2023 and 2024 in the forex market.
EUR-USD exchange rate forecast for March 2020.
The rate at the beginning of the month is 1.103 dollars. Max heading 1.148, minimum 1.103. The average exchange rate for the month is 1.121. The euro exchange rate forecast at the end of the month is 1.131, the change for March is 2.5%.
Euro-dollar forecast for April 2020.
The rate at the beginning of the month is 1.131 dollars. The maximum rate is 1.170, the minimum is 1.131. The average exchange rate for the month is 1.146. The euro exchange rate forecast at the end of the month is 1.153, the change for April is 1.9%.
EUR-USD exchange rate forecast for May 2020.
The rate at the beginning of the month is 1.153 dollars. The maximum rate is 1.163, the minimum is 1.129. The average exchange rate for the month is 1.148. The euro exchange rate forecast at the end of the month is 1.146, the change for May is -0.6%.
Euro-dollar forecast for June 2020.
The rate at the beginning of the month is 1.146 dollars. The maximum rate is 1.151, the minimum is 1.117. The average exchange rate for the month is 1.137. The euro exchange rate forecast at the end of the month is 1.134, the change for June is -1.0%.
EUR-USD exchange rate forecast for July 2020.
The rate at the beginning of the month is 1.134 dollars. The maximum rate is 1.171, the minimum is 1.134. The average exchange rate for the month is 1.148. The euro exchange rate forecast at the end of the month is 1.154, the change for July is 1.8%.
Euro-dollar forecast for August 2020.
The rate at the beginning of the month is 1.154 dollars. The maximum rate is 1.157, the minimum is 1.123. The average exchange rate for the month is 1.144. The forecast for the euro at the end of the month is 1.140, the change for August is -1.2%.
EUR-USD exchange rate forecast for September 2020.
The rate at the beginning of the month is 1.140 dollars. The maximum rate is 1.179, the minimum is 1.140. The average exchange rate for the month is 1.155. The euro exchange rate forecast at the end of the month is 1.162, the change for September is 1.9%.
Euro-dollar forecast for October 2020.
The rate at the beginning of the month is 1.162 dollars. The maximum rate is 1.173, the minimum is 1.139. The average exchange rate for the month is 1.158. The euro exchange rate forecast at the end of the month is 1.156, the change for October is -0.5%.
EUR-USD exchange rate forecast for November 2020.
The rate at the beginning of the month is 1.156 dollars. The maximum rate is 1.164, the minimum is 1.130. The average exchange rate for the month is 1.149. Forecast of the euro at the end of the month 1.147, change for November -0.8%.
Euro-dollar forecast for December 2020.
The rate at the beginning of the month is 1.147 dollars. The maximum rate is 1.147, the minimum is 1.101. The average exchange rate for the month is 1.128. The euro exchange rate forecast at the end of the month is 1.118, the change for December is -2.5%.
EUR-USD exchange rate forecast for January 2021.
The rate at the beginning of the month is 1.118 dollars. The maximum rate is 1.154, the minimum is 1.118. The average exchange rate for the month is 1.132. The euro exchange rate forecast at the end of the month is 1.137, the change for January is 1.7%.
Euro-dollar forecast for February 2021.
The rate at the beginning of the month is 1.137 dollars. The maximum rate is 1.149, the minimum is 1.115. The average exchange rate for the month is 1.133. The euro exchange rate forecast at the end of the month is 1.132, the change for February is -0.4%.
EUR-USD exchange rate forecast for March 2021.
The rate at the beginning of the month is 1.132 dollars. The maximum rate is 1.149, the minimum is 1.115. The average exchange rate for the month is 1.132. Euro exchange rate forecast at the end of the month 1.132, change for March 0.0%.
Euro-dollar forecast for April 2021.
The rate at the beginning of the month is 1.132 dollars. The maximum rate is 1.134, the minimum is 1.100. The average exchange rate for the month is 1.121. The forecast for the euro at the end of the month is 1.117, the change for April is -1.3%.
EUR-USD exchange rate forecast for May 2021.
The rate at the beginning of the month is 1.117 dollars. The maximum rate is 1.126, the minimum is 1.092. The average exchange rate for the month is 1.111. Forecast of the euro at the end of the month 1.109, change for May -0.7%.
Euro-dollar forecast for June 2021.
The rate at the beginning of the month is 1.109 dollars. The maximum rate is 1.139, the minimum is 1.105. The average exchange rate for the month is 1.119. The euro exchange rate forecast at the end of the month is 1.122, the change for June is 1.2%.
EUR-USD exchange rate forecast for July 2021.
The rate at the beginning of the month is 1.122 dollars. The maximum rate is 1.139, the minimum is 1.105. The average exchange rate for the month is 1.122. Euro exchange rate forecast at the end of the month 1.122, change for July 0.0%.
Euro-dollar forecast for August 2021.
The rate at the beginning of the month is 1.122 dollars. The maximum rate is 1.122, the minimum is 1.077. The average exchange rate for the month is 1.104. The euro exchange rate forecast at the end of the month is 1.093, the change for August is -2.6%.
EUR-USD exchange rate forecast for September 2021.
The rate at the beginning of the month is 1.093 dollars. The maximum rate is 1.110, the minimum is 1.078. The average exchange rate for the month is 1.094. The euro exchange rate forecast at the end of the month is 1.094, the change for September is 0.1%.
Euro-dollar forecast for October 2021.
The rate at the beginning of the month is 1.094 dollars. The maximum rate is 1.102, the minimum is 1.070. The average exchange rate for the month is 1.088. The euro exchange rate forecast at the end of the month is 1.086, the change for October is -0.7%.
EUR-USD exchange rate forecast for November 2021.
The rate at the beginning of the month is 1.086 dollars. The maximum rate is 1.102, the minimum is 1.070. The average exchange rate for the month is 1.086. Euro exchange rate forecast at the end of the month 1.086, change for November 0.0%.
Euro-dollar forecast for December 2021.
The rate at the beginning of the month is 1.086 dollars. The maximum rate is 1.101, the minimum is 1.069. The average exchange rate for the month is 1.085. The euro exchange rate forecast at the end of the month is 1.085, the change for December is -0.1%.
EUR-USD exchange rate forecast for January 2022.
The rate at the beginning of the month is 1.085 dollars. The maximum rate is 1.085, the minimum is 1.036. The average exchange rate for the month is 1.065. The euro exchange rate forecast at the end of the month is 1.052, the change for January is -3.0%.
Euro-dollar forecast for February 2022.
The rate at the beginning of the month is 1.052 dollars. The maximum rate is 1.052, the minimum is 1.016. The average exchange rate for the month is 1.038. The euro exchange rate forecast at the end of the month is 1.031, the change for February is -2.0%.
EUR-USD exchange rate forecast for March 2022.
The rate at the beginning of the month is 1.031 dollars. The maximum rate is 1.058, the minimum is 1.026. The average exchange rate for the month is 1.039. The euro exchange rate forecast at the end of the month is 1.042, the change for March is 1.1%.
| Month | open | Min-Max | Close | Month,% | Total,% |
| 2020 | |||||
| Mar | 1.103 | 1.103-1.148 | 1.131 | 2.5% | 2.5% |
| Apr | 1.131 | 1.131-1.170 | 1.153 | 1.9% | 4.5% |
| May | 1.153 | 1.129-1.163 | 1.146 | -0.6% | 3.9% |
| Jun | 1.146 | 1.117-1.151 | 1.134 | -1.0% | 2.8% |
| Jul | 1.134 | 1.134-1.171 | 1.154 | 1.8% | 4.6% |
| Aug | 1.154 | 1.123-1.157 | 1.140 | -1.2% | 3.4% |
| sen | 1.140 | 1.140-1.179 | 1.162 | 1.9% | 5.3% |
| Oct | 1.162 | 1.139-1.173 | 1.156 | -0.5% | 4.8% |
| But I | 1.156 | 1.130-1.164 | 1.147 | -0.8% | 4.0% |
| Dec | 1.147 | 1.101-1.147 | 1.118 | -2.5% | 1.4% |
| 2021 | |||||
| Jan | 1.118 | 1.118-1.154 | 1.137 | 1.7% | 3.1% |
| Feb | 1.137 | 1.115-1.149 | 1.132 | -0.4% | 2.6% |
| Mar | 1.132 | 1.115-1.149 | 1.132 | 0.0% | 2.6% |
| Apr | 1.132 | 1.100-1.134 | 1.117 | -1.3% | 1.3% |
| May | 1.117 | 1.092-1.126 | 1.109 | -0.7% | 0.5% |
| Jun | 1.109 | 1.105-1.139 | 1.122 | 1.2% | 1.7% |
| Jul | 1.122 | 1.105-1.139 | 1.122 | 0.0% | 1.7% |
| Aug | 1.122 | 1.077-1.122 | 1.093 | -2.6% | -0.9% |
| sen | 1.093 | 1.078-1.110 | 1.094 | 0.1% | -0.8% |
| Oct | 1.094 | 1.070-1.102 | 1.086 | -0.7% | -1.5% |
| But I | 1.086 | 1.070-1.102 | 1.086 | 0.0% | -1.5% |
| Dec | 1.086 | 1.069-1.101 | 1.085 | -0.1% | -1.6% |
| 2022 | |||||
| Jan | 1.085 | 1.036-1.085 | 1.052 | -3.0% | -4.6% |
| Feb | 1.052 | 1.016-1.052 | 1.031 | -2.0% | -6.5% |
| Mar | 1.031 | 1.026-1.058 | 1.042 | 1.1% | -5.5% |
| Month | open | Min-Max | Close | Month,% | Total,% |
| 2022 Sequel | |||||
| Apr | 1.042 | 1.009-1.042 | 1.024 | -1.7% | -7.2% |
| May | 1.024 | 1.024-1.071 | 1.055 | 3.0% | -4.4% |
| Jun | 1.055 | 1.048-1.080 | 1.064 | 0.9% | -3.5% |
| Jul | 1.064 | 1.064-1.103 | 1.087 | 2.2% | -1.5% |
| Aug | 1.087 | 1.056-1.088 | 1.072 | -1.4% | -2.8% |
| sen | 1.072 | 1.047-1.079 | 1.063 | -0.8% | -3.6% |
| Oct | 1.063 | 1.054-1.086 | 1.070 | 0.7% | -3.0% |
| But I | 1.070 | 1.070-1.119 | 1.102 | 3.0% | -0.1% |
| Dec | 1.102 | 1.102-1.137 | 1.120 | 1.6% | 1.5% |
| 2023 | |||||
| Jan | 1.120 | 1.120-1.171 | 1.154 | 3.0% | 4.6% |
| Feb | 1.154 | 1.154-1.197 | 1.179 | 2.2% | 6.9% |
| Mar | 1.179 | 1.171-1.207 | 1.189 | 0.8% | 7.8% |
| Apr | 1.189 | 1.147-1.189 | 1.164 | -2.1% | 5.5% |
| May | 1.164 | 1.164-1.213 | 1.195 | 2.7% | 8.3% |
| Jun | 1.195 | 1.169-1.205 | 1.187 | -0.7% | 7.6% |
| Jul | 1.187 | 1.134-1.187 | 1.151 | -3.0% | 4.4% |
| Aug | 1.151 | 1.107-1.151 | 1.124 | -2.3% | 1.9% |
| sen | 1.124 | 1.115-1.149 | 1.132 | 0.7% | 2.6% |
| Oct | 1.132 | 1.114-1.148 | 1.131 | -0.1% | 2.5% |
| But I | 1.131 | 1.121-1.155 | 1.138 | 0.6% | 3.2% |
| Dec | 1.138 | 1.118-1.152 | 1.135 | -0.3% | 2.9% |
| 2024 | |||||
| Jan | 1.135 | 1.086-1.135 | 1.103 | -2.8% | 0.0% |
| Feb | 1.103 | 1.093-1.127 | 1.110 | 0.6% | 0.6% |
| Mar | 1.110 | 1.110-1.160 | 1.143 | 3.0% | 3.6% |
| Apr | 1.143 | 1.130-1.164 | 1.147 | 0.3% | 4.0% |
Euro-dollar forecast for April 2022.
The rate at the beginning of the month is 1.042 dollars. The maximum rate is 1.042, the minimum is 1.009. The average exchange rate for the month is 1.029. The euro exchange rate forecast at the end of the month is 1.024, the change for April is -1.7%.
EUR-USD exchange rate forecast for May 2022.
The rate at the beginning of the month is 1.024 dollars. The maximum rate is 1.071, the minimum is 1.024. The average exchange rate for the month is 1.044. The euro exchange rate forecast at the end of the month is 1.055, the change for May is 3.0%.
Euro-dollar forecast for June 2022.
The rate at the beginning of the month is 1.055 dollars. The maximum rate is 1.080, the minimum is 1.048. The average exchange rate for the month is 1.062. The euro exchange rate forecast at the end of the month is 1.064, the change for June is 0.9%.
EUR-USD exchange rate forecast for July 2022.
The rate at the beginning of the month is 1.064 dollars. The maximum rate is 1.103, the minimum is 1.064. The average exchange rate for the month is 1.080. The euro exchange rate forecast at the end of the month is 1.087, the change for July is 2.2%.
Euro-dollar forecast for August 2022.
The rate at the beginning of the month is 1.087 dollars. The maximum rate is 1.088, the minimum is 1.056. The average exchange rate for the month is 1.076. The euro exchange rate forecast at the end of the month is 1.072, the change for August is -1.4%.
EUR-USD exchange rate forecast for September 2022.
The rate at the beginning of the month is 1.072 dollars. The maximum rate is 1.079, the minimum is 1.047. The average exchange rate for the month is 1.065. The euro exchange rate forecast at the end of the month is 1.063, the change for September is -0.8%.
Euro-dollar forecast for October 2022.
The rate at the beginning of the month is 1.063 dollars. The maximum rate is 1.086, the minimum is 1.054. The average exchange rate for the month is 1.068. The euro exchange rate forecast at the end of the month is 1.070, the change for October is 0.7%.
EUR-USD exchange rate forecast for November 2022.
The rate at the beginning of the month is 1.070 dollars. The maximum rate is 1.119, the minimum is 1.070. The average exchange rate for the month is 1.090. The forecast for the euro at the end of the month is 1.102, the change for November is 3.0%.
Euro-dollar forecast for December 2022.
The rate at the beginning of the month is 1.102 dollars. The maximum rate is 1.137, the minimum is 1.102. The average exchange rate for the month is 1.115. The euro exchange rate forecast at the end of the month is 1.120, the change for December is 1.6%.
EUR-USD exchange rate forecast for January 2023.
The rate at the beginning of the month is 1.120 dollars. The maximum rate is 1.171, the minimum is 1.120. The average exchange rate for the month is 1.141. The euro exchange rate forecast at the end of the month is 1.154, the change for January is 3.0%.
Euro-dollar forecast for February 2023.
The rate at the beginning of the month is 1.154 dollars. The maximum rate is 1.197, the minimum is 1.154. The average exchange rate for the month is 1.171. The euro exchange rate forecast at the end of the month is 1.179, the change for February is 2.2%.
EUR-USD exchange rate forecast for March 2023.
The rate at the beginning of the month is 1.179 dollars. The maximum rate is 1.207, the minimum is 1.171. The average exchange rate for the month is 1.187. The euro exchange rate forecast at the end of the month is 1.189, the change for March is 0.8%.
Euro-dollar forecast for April 2023.
The rate at the beginning of the month is 1.189 dollars. The maximum rate is 1.189, the minimum is 1.147. The average exchange rate for the month is 1.172. The forecast for the euro at the end of the month is 1.164, the change for April is -2.1%.
EUR-USD exchange rate forecast for May 2023.
The rate at the beginning of the month is 1.164 dollars. The maximum rate is 1.213, the minimum is 1.164. The average exchange rate for the month is 1.184. The euro exchange rate forecast at the end of the month is 1.195, the change for May is 2.7%.
Euro-dollar forecast for June 2023.
The rate at the beginning of the month is 1.195 dollars. The maximum rate is 1.205, the minimum is 1.169. The average exchange rate for the month is 1.189. The euro exchange rate forecast at the end of the month is 1.187, the change for June is -0.7%.
EUR-USD exchange rate forecast for July 2023.
The rate at the beginning of the month is 1.187 dollars. The maximum rate is 1.187, the minimum is 1.134. The average exchange rate for the month is 1.165. The euro exchange rate forecast at the end of the month is 1.151, the change for July is -3.0%.
Euro-dollar forecast for August 2023.
The rate at the beginning of the month is 1.151 dollars. The maximum rate is 1.151, the minimum is 1.107. The average exchange rate for the month is 1.133. The euro exchange rate forecast at the end of the month is 1.124, the change for August is -2.3%.
EUR-USD exchange rate forecast for September 2023.
The rate at the beginning of the month is 1.124 dollars. The maximum rate is 1.149, the minimum is 1.115. The average exchange rate per month is 1.130. The euro exchange rate forecast at the end of the month is 1.132, the change for September is 0.7%.
Euro-dollar forecast for October 2023.
The rate at the beginning of the month is 1.132 dollars. The maximum rate is 1.148, the minimum is 1.114. The average exchange rate for the month is 1.131. The euro exchange rate forecast at the end of the month is 1.131, the change for October is -0.1%.
EUR-USD exchange rate forecast for November 2023.
The rate at the beginning of the month is 1.131 dollars. The maximum rate is 1.155, the minimum is 1.121. The average exchange rate for the month is 1.136. The euro exchange rate forecast at the end of the month is 1.138, the change for November is 0.6%.
Euro-dollar forecast for December 2023.
The rate at the beginning of the month is 1.138 dollars. The maximum rate is 1.152, the minimum is 1.118. The average exchange rate for the month is 1.136. The euro exchange rate forecast at the end of the month is 1.135, the change for December is -0.3%.
EUR-USD exchange rate forecast for January 2024.
The rate at the beginning of the month is 1.135 dollars. The maximum rate is 1.135, the minimum is 1.086. The average exchange rate for the month is 1.115. The euro exchange rate forecast at the end of the month is 1.103, the change for January is -2.8%.
Euro-dollar forecast for February 2024.
The rate at the beginning of the month is 1.103 dollars. The maximum rate is 1.127, the minimum is 1.093. The average exchange rate for the month is 1.108. The euro exchange rate forecast at the end of the month is 1.110, the change for February is 0.6%.
EUR-USD exchange rate forecast for March 2024.
The rate at the beginning of the month is 1.110 dollars. The maximum rate is 1.160, the minimum is 1.110. The average exchange rate for the month is 1.131. The euro exchange rate forecast at the end of the month is 1.143, the change for March is 3.0%.
Euro-dollar forecast for April 2024.
The rate at the beginning of the month is 1.143 dollars. The maximum rate is 1.164, the minimum is 1.130. The average exchange rate for the month is 1.146. The euro exchange rate forecast at the end of the month is 1.147, the change for April is 0.3%.
The dollar exchange rate today in the forex market.
dollar exchange rate now 0.9014 euro for 1 dollar. Rate change range: 0.8910-0.9040. The closing rate of the previous day: 0.8940. Change: +0.0074, +0.83%.
Dollar-Euro exchange rate forecast for tomorrow, week and month.
Calculation for 1 dollar.
USD-EUR exchange rate forecast for Monday, March 16th: EUR 0.908, maximum 0.923, minimum 0.894. Tuesday 17th March: EUR 0.916, 0.929 high, 0.903 low. USD-EUR exchange rate forecast for Wednesday, March 18: EUR 0.917, maximum 0.931, minimum 0.904. The dollar to euro forecast for Thursday, March 19: 0.930 euros, a maximum of 0.944, a minimum of 0.917. USD-EUR forecast for Friday, March 20: EUR 0.917, maximum 0.931, minimum 0.904.
After 1 week. The dollar to euro forecast for Monday, March 23: 0.912 euros, a maximum of 0.926, a minimum of 0.899. USD-EUR exchange rate forecast for Tuesday, March 24: EUR 0.904, maximum 0.918, minimum 0.890. The dollar to euro forecast for Wednesday, March 25: 0.907 euros, a maximum of 0.922, a minimum of 0.894. USD-EUR exchange rate forecast for Thursday, March 26: EUR 0.905, maximum 0.919, minimum 0.891. The dollar to euro forecast for Friday, March 27: 0.896 euros, a maximum of 0.910, a minimum of 0.883.
In 2 weeks. USD-EUR exchange rate forecast for Monday, March 30th: EUR 0.894, maximum 0.908, minimum 0.881. The dollar to euro forecast for Tuesday, March 31st: 0.884 euros, a maximum of 0.898, a minimum of 0.871. USD-EUR exchange rate forecast for Wednesday, April 1st: EUR 0.884, maximum 0.898, minimum 0.871. The dollar to euro forecast for Thursday, April 2: 0.882 euros, a maximum of 0.895, a minimum of 0.869. USD-EUR exchange rate forecast for Friday, April 3rd: EUR 0.882, maximum 0.895, minimum 0.869.
In 3 weeks. Dollar to euro forecast for Monday, April 6: 0.876 euros, maximum 0.890, minimum 0.864. USD-EUR exchange rate forecast for Tuesday, April 7th: EUR 0.878, maximum 0.891, minimum 0.865. The dollar to euro forecast for Wednesday, April 8: 0.876 euros, a maximum of 0.890, a minimum of 0.864. USD-EUR exchange rate forecast for Thursday, April 9th: EUR 0.880, maximum 0.894, minimum 0.867. The dollar to euro forecast for Friday, April 10: 0.880 euros, a maximum of 0.893, a minimum of 0.867.
After 4 weeks. USD-EUR exchange rate forecast for Monday, April 13th: EUR 0.880, maximum 0.894, minimum 0.867. The dollar to euro forecast for Tuesday, April 14: 0.883 euros, a maximum of 0.896, a minimum of 0.870.
Monthly dollar exchange rate forecast.
| date | Day | Min | Max | Well |
| 16.03 | Monday | 0.894 | 0.923 | 0.908 |
| 17.03 | Tuesday | 0.903 | 0.929 | 0.916 |
| 18.03 | Wednesday | 0.904 | 0.931 | 0.917 |
| 19.03 | Thursday | 0.917 | 0.944 | 0.930 |
| 20.03 | Friday | 0.904 | 0.931 | 0.917 |
| 23.03 | Monday | 0.899 | 0.926 | 0.912 |
| 24.03 | Tuesday | 0.890 | 0.918 | 0.904 |
| 25.03 | Wednesday | 0.894 | 0.922 | 0.907 |
| 26.03 | Thursday | 0.891 | 0.919 | 0.905 |
| 27.03 | Friday | 0.883 | 0.910 | 0.896 |
| 30.03 | Monday | 0.881 | 0.908 | 0.894 |
| 31.03 | Tuesday | 0.871 | 0.898 | 0.884 |
| 01.04 | Wednesday | 0.871 | 0.898 | 0.884 |
| 02.04 | Thursday | 0.869 | 0.895 | 0.882 |
| 03.04 | Friday | 0.869 | 0.895 | 0.882 |
| 06.04 | Monday | 0.864 | 0.890 | 0.876 |
| 07.04 | Tuesday | 0.865 | 0.891 | 0.878 |
| 08.04 | Wednesday | 0.864 | 0.890 | 0.876 |
| 09.04 | Thursday | 0.867 | 0.894 | 0.880 |
| 10.04 | Friday | 0.867 | 0.893 | 0.880 |
| 13.04 | Monday | 0.867 | 0.894 | 0.880 |
| 14.04 | Tuesday | 0.870 | 0.896 | 0.883 |
| 15.04 | Wednesday | 0.873 | 0.900 | 0.887 |
| 16.04 | Thursday | 0.873 | 0.899 | 0.886 |
Dollar-Euro exchange rate forecast for 2020, 2021, 2022, 2023 and 2024.
Dollar to euro forecast for March 2020.
The rate at the beginning of the month is 0.907 euros. High 0.907, low 0.871. The average rate for the month is 0.892. Forecast of the dollar at the end of the month 0.884, change for March -2.5%.
USD-EUR exchange rate forecast for April 2020.
The rate at the beginning of the month is 0.884 euros. High 0.884, low 0.855. The average rate for the month is 0.873. Forecast of the dollar at the end of the month 0.867, change for April -1.9%.
Dollar to euro forecast for May 2020.
The rate at the beginning of the month is 0.867 euros. High 0.886, low 0.860. The average rate for the month is 0.872. The forecast for the dollar at the end of the month is 0.873, the change for May is 0.7%.
USD-EUR exchange rate forecast for June 2020.
The rate at the beginning of the month is 0.873 euros. High 0.895, low 0.869. The average rate for the month is 0.880. Forecast of the dollar at the end of the month 0.882, change for June 1.0%.
Dollar to euro forecast for July 2020.
The rate at the beginning of the month is 0.882 euros. High 0.882, low 0.854. The average rate for the month is 0.871. Forecast of the dollar at the end of the month 0.867, change for July -1.7%.
USD-EUR exchange rate forecast for August 2020.
The rate at the beginning of the month is 0.867 euros. High 0.890, low 0.864. The average rate for the month is 0.875. Forecast of the dollar at the end of the month 0.877, change for August 1.2%.
Dollar to euro forecast for September 2020.
The rate at the beginning of the month is 0.877 euros. High 0.877, low 0.848. The average rate for the month is 0.866. Forecast of the dollar at the end of the month 0.861, change for September -1.8%.
USD-EUR exchange rate forecast for October 2020.
The rate at the beginning of the month is 0.861 euros. High 0.878, low 0.853. The average rate for the month is 0.864. The forecast for the dollar at the end of the month is 0.865, the change for October is 0.5%.
Dollar to euro forecast for November 2020.
The rate at the beginning of the month is 0.865 euros. High 0.885, low 0.859. The average rate for the month is 0.870. The forecast for the dollar at the end of the month is 0.872, the change for November is 0.8%.
USD-EUR exchange rate forecast for December 2020.
The rate at the beginning of the month is 0.872 euros. High 0.908, low 0.872. The average rate for the month is 0.887. Forecast of the dollar at the end of the month 0.894, change for December 2.5%.
Dollar to euro forecast for January 2021.
The rate at the beginning of the month is 0.894 euros. High 0.894, low 0.867. The average rate for the month is 0.884. The forecast for the dollar at the end of the month is 0.880, the change for January is -1.6%.
USD-EUR exchange rate forecast for February 2021.
The exchange rate at the beginning of the month is 0.880 euros. High 0.897, low 0.870. The average rate for the month is 0.883. The forecast for the dollar at the end of the month is 0.883, the change for February is 0.3%.
Dollar to euro forecast for March 2021.
The rate at the beginning of the month is 0.883 euros. High 0.897, low 0.870. The average rate for the month is 0.883. Forecast of the dollar at the end of the month 0.883, change for March 0.0%.
USD-EUR exchange rate forecast for April 2021.
The rate at the beginning of the month is 0.883 euros. High 0.909, low 0.882. The average rate for the month is 0.892. The forecast for the dollar at the end of the month is 0.895, the change for April is 1.4%.
Dollar to euro forecast for May 2021.
The exchange rate at the beginning of the month is 0.895 euros. High 0.916, low 0.888. The average rate per month is 0.900. The forecast for the dollar at the end of the month is 0.902, the change for May is 0.8%.
USD-EUR exchange rate forecast for June 2021.
The rate at the beginning of the month is 0.902 euros. High 0.905, low 0.878. The average rate for the month is 0.894. Forecast of the dollar at the end of the month 0.891, change for June -1.2%.
Dollar to euro forecast for July 2021.
The rate at the beginning of the month is 0.891 euros. High 0.905, low 0.878. The average rate for the month is 0.891. Forecast of the dollar at the end of the month 0.891, change for July 0.0%.
USD-EUR exchange rate forecast for August 2021.
The rate at the beginning of the month is 0.891 euros. High 0.929, low 0.891. The average rate for the month is 0.907. The forecast for the dollar at the end of the month is 0.915, the change for August is 2.7%.
Dollar to euro forecast for September 2021.
The exchange rate at the beginning of the month is 0.915 euros. Maximum 0.928, minimum 0.901. The average rate for the month is 0.915. The forecast for the dollar at the end of the month is 0.914, the change for September is -0.1%.
USD-EUR exchange rate forecast for October 2021.
The rate at the beginning of the month is 0.914 euros. High 0.935, low 0.907. The average rate for the month is 0.919. Forecast of the dollar at the end of the month 0.921, change for October 0.8%.
Dollar to euro forecast for November 2021.
The rate at the beginning of the month is 0.921 euros. High 0.935, low 0.907. The average rate for the month is 0.921. Forecast of the dollar at the end of the month 0.921, change for November 0.0%.
USD-EUR exchange rate forecast for December 2021.
The rate at the beginning of the month is 0.921 euros. Maximum 0.935, minimum 0.908. The average rate for the month is 0.922. Forecast of the dollar at the end of the month 0.922, change for December 0.1%.
Dollar to euro forecast for January 2022.
The rate at the beginning of the month is 0.922 euros. Maximum 0.965, minimum 0.922. The average rate for the month is 0.940. The forecast for the dollar at the end of the month is 0.951, the change for January is 3.1%.
USD-EUR exchange rate forecast for February 2022.
The rate at the beginning of the month is 0.951 euros. Maximum 0.984, minimum 0.951. The average rate for the month is 0.964. Forecast of the dollar at the end of the month 0.970, change for February 2.0%.
Dollar to euro forecast for March 2022.
The exchange rate at the beginning of the month is 0.970 euros. Maximum 0.975, minimum 0.945. The average rate for the month is 0.963. Forecast of the dollar at the end of the month 0.960, change for March -1.0%.
| Month | open | Min-Max | Close | Month,% | Total,% |
| 2020 | |||||
| Mar | 0.907 | 0.871-0.907 | 0.884 | -2.5% | -2.5% |
| Apr | 0.884 | 0.855-0.884 | 0.867 | -1.9% | -4.4% |
| May | 0.867 | 0.860-0.886 | 0.873 | 0.7% | -3.7% |
| Jun | 0.873 | 0.869-0.895 | 0.882 | 1.0% | -2.7% |
| Jul | 0.882 | 0.854-0.882 | 0.867 | -1.7% | -4.4% |
| Aug | 0.867 | 0.864-0.890 | 0.877 | 1.2% | -3.3% |
| sen | 0.877 | 0.848-0.877 | 0.861 | -1.8% | -5.0% |
| Oct | 0.861 | 0.853-0.878 | 0.865 | 0.5% | -4.6% |
| But I | 0.865 | 0.859-0.885 | 0.872 | 0.8% | -3.8% |
| Dec | 0.872 | 0.872-0.908 | 0.894 | 2.5% | -1.4% |
| 2021 | |||||
| Jan | 0.894 | 0.867-0.894 | 0.880 | -1.6% | -2.9% |
| Feb | 0.880 | 0.870-0.897 | 0.883 | 0.3% | -2.6% |
| Mar | 0.883 | 0.870-0.897 | 0.883 | 0.0% | -2.6% |
| Apr | 0.883 | 0.882-0.909 | 0.895 | 1.4% | -1.3% |
| May | 0.895 | 0.888-0.916 | 0.902 | 0.8% | -0.5% |
| Jun | 0.902 | 0.878-0.905 | 0.891 | -1.2% | -1.7% |
| Jul | 0.891 | 0.878-0.905 | 0.891 | 0.0% | -1.7% |
| Aug | 0.891 | 0.891-0.929 | 0.915 | 2.7% | 0.9% |
| sen | 0.915 | 0.901-0.928 | 0.914 | -0.1% | 0.8% |
| Oct | 0.914 | 0.907-0.935 | 0.921 | 0.8% | 1.6% |
| But I | 0.921 | 0.907-0.935 | 0.921 | 0.0% | 1.6% |
| Dec | 0.921 | 0.908-0.935 | 0.922 | 0.1% | 1.7% |
| 2022 | |||||
| Jan | 0.922 | 0.922-0.965 | 0.951 | 3.1% | 4.9% |
| Feb | 0.951 | 0.951-0.984 | 0.970 | 2.0% | 7.0% |
| Mar | 0.970 | 0.945-0.975 | 0.960 | -1.0% | 5.9% |
USD-EUR exchange rate forecast for April 2022.
The exchange rate at the beginning of the month is 0.960 euros. Maximum 0.991, minimum 0.960. The average rate for the month is 0.972. The forecast for the dollar at the end of the month is 0.977, the change for April is 1.8%.
Dollar to euro forecast for May 2022.
The rate at the beginning of the month is 0.977 euros. High 0.977, low 0.934. The average rate for the month is 0.959. Forecast of the dollar at the end of the month 0.948, change for May -3.0%.
USD-EUR exchange rate forecast for June 2022.
The rate at the beginning of the month is 0.948 euros. Maximum 0.954, minimum 0.926. The average rate for the month is 0.942. Forecast of the dollar at the end of the month 0.940, change for June -0.8%.
Dollar to euro forecast for July 2022.
The exchange rate at the beginning of the month is 0.940 euros. High 0.940, low 0.907. The average rate for the month is 0.927. Forecast of the dollar at the end of the month 0.920, change for July -2.1%.
USD-EUR exchange rate forecast for August 2022.
The exchange rate at the beginning of the month is 0.920 euros. High 0.947, low 0.919. The average rate for the month is 0.930. The forecast for the dollar at the end of the month is 0.933, the change for August is 1.4%.
Dollar to euro forecast for September 2022.
The rate at the beginning of the month is 0.933 euros. High 0.955, low 0.927. The average rate for the month is 0.939. The forecast for the dollar at the end of the month is 0.941, the change for September is 0.9%.
USD-EUR exchange rate forecast for October 2022.
The rate at the beginning of the month is 0.941 euros. High 0.949, low 0.921. The average rate for the month is 0.937. The forecast for the dollar at the end of the month is 0.935, the change for October is -0.6%.
Dollar to euro forecast for November 2022.
The exchange rate at the beginning of the month is 0.935 euros. High 0.935, low 0.894. The average rate for the month is 0.918. Forecast of the dollar at the end of the month 0.907, change for November -3.0%.
USD-EUR exchange rate forecast for December 2022.
The rate at the beginning of the month is 0.907 euros. High 0.907, low 0.880. The average rate for the month is 0.897. The forecast for the dollar at the end of the month is 0.893, the change for December is -1.5%.
Dollar to euro forecast for January 2023.
The rate at the beginning of the month is 0.893 euros. High 0.893, low 0.854. The average rate for the month is 0.877. The forecast for the dollar at the end of the month is 0.867, the change for January is -2.9%.
USD-EUR exchange rate forecast for February 2023.
The rate at the beginning of the month is 0.867 euros. High 0.867, low 0.835. The average rate for the month is 0.854. Forecast of the dollar at the end of the month 0.848, change for February -2.2%.
Dollar to euro forecast for March 2023.
The rate at the beginning of the month is 0.848 euros. High 0.854, low 0.829. The average rate for the month is 0.843. Forecast of the dollar at the end of the month 0.841, change for March -0.8%.
USD-EUR exchange rate forecast for April 2023.
The rate at the beginning of the month is 0.841 euros. High 0.872, low 0.841. The average rate for the month is 0.853. Forecast of the dollar at the end of the month 0.859, change for April 2.1%.
Dollar to euro forecast for May 2023.
The rate at the beginning of the month is 0.859 euros. High 0.859, low 0.824. The average rate for the month is 0.845. Forecast of the dollar at the end of the month 0.837, change for May -2.6%.
USD-EUR exchange rate forecast for June 2023.
The rate at the beginning of the month is 0.837 euros. High 0.855, low 0.830. The average rate for the month is 0.841. Forecast of the dollar at the end of the month 0.842, change for June 0.6%.
Dollar to euro forecast for July 2023.
The rate at the beginning of the month is 0.842 euros. High 0.882, low 0.842. The average rate for the month is 0.859. The forecast for the dollar at the end of the month is 0.869, the change for July is 3.2%.
USD-EUR exchange rate forecast for August 2023.
The rate at the beginning of the month is 0.869 euros. High 0.903, low 0.869. The average rate for the month is 0.883. The forecast for the dollar at the end of the month is 0.890, the change for August is 2.4%.
Dollar to euro forecast for September 2023.
The exchange rate at the beginning of the month is 0.890 euros. High 0.897, low 0.870. The average rate for the month is 0.885. Forecast of the dollar at the end of the month 0.883, change for September -0.8%.
USD-EUR exchange rate forecast for October 2023.
The rate at the beginning of the month is 0.883 euros. High 0.898, low 0.871. The average rate for the month is 0.884. Forecast of the dollar at the end of the month 0.884, change for October 0.1%.
Dollar to euro forecast for November 2023.
The rate at the beginning of the month is 0.884 euros. High 0.892, low 0.866. The average rate for the month is 0.880. The forecast for the dollar at the end of the month is 0.879, the change for November is -0.6%.
USD-EUR exchange rate forecast for December 2023.
The rate at the beginning of the month is 0.879 euros. High 0.894, low 0.868. The average rate for the month is 0.881. The forecast for the dollar at the end of the month is 0.881, the change for December is 0.2%.
Dollar to euro forecast for January 2024.
The rate at the beginning of the month is 0.881 euros. High 0.921, low 0.881. The average rate for the month is 0.898. Forecast of the dollar at the end of the month 0.907, change for January 3.0%.
USD-EUR exchange rate forecast for February 2024.
The rate at the beginning of the month is 0.907 euros. High 0.915, low 0.887. The average rate for the month is 0.903. The forecast for the dollar at the end of the month is 0.901, the change for February is -0.7%.
Dollar to euro forecast for March 2024.
The rate at the beginning of the month is 0.901 euros. High 0.901, low 0.862. The average rate for the month is 0.885. Forecast of the dollar at the end of the month 0.875, change for March -2.9%.
USD-EUR exchange rate forecast for April 2024.
The rate at the beginning of the month is 0.875 euros. High 0.885, low 0.859. The average rate for the month is 0.873. Forecast of the dollar at the end of the month 0.872, change for April -0.3%.
Here you will always find the latest dollar-euro exchange rate forecast. The forecast is updated and refined by APEKON experts on a daily basis, taking into account the latest events and changes in market data.
Last update: 03/09/2020
Reading time: 13 min. | Views: 51160
Hello dear readers financial journal"website"! Today we will try to answer the following questions: what will happen to the dollar in the near future; how much will the ruble and dollar cost in 2020; when will the crisis in Russia end and so on.
After all, the current economic situation causes unrest among the citizens of Russia with its total instability . Stability national currency causes concern, because all people are worried about the well-being of their own family, some are embarrassed by the rise in prices for essential products. Many people save money in rubles and worry about their savings.
Anyway, and businessmen, and housewives, and students, and pensioners Concerned about one issue: what will happen to the ruble/dollar in the near future? No one can give an exact answer to these questions, even experienced analysts do not dare to make specific forecasts.
Some experts say that our currency will gradually get stronger, while others, on the contrary, advise waiting for the ruble to fall soon. Which of them is right? People are puzzled and looking for answers to these questions.
So, from this article you will learn:
- What will happen to the dollar in the near future;
- What will happen to the ruble and what will be the ruble exchange rate + dollar exchange rate forecast for 2020;
- What will happen to the ruble in the near future - latest news + our forecasts for the ruble exchange rate.
Having read the material to the end , you will find out our vision on the forecast of the ruble and the dollar.
If you want to know what will happen to the dollar in the near future, what will happen to the ruble, etc., then read our article to the end
1. What will happen to the ruble in 2020 - scenarios and forecasts + expert opinions 📊
Everyone knows perfectly well that the exchange rate of the Russian national currency directly depends on the price of oil. Sanctions, which are carried out by Western countries, also affect the formation of the national currency. It is difficult to say what will happen to the ruble in 2020, even focusing on the policy of the Central Bank.
The imposition of sanctions against Russia was motivated by political actions in Ukraine, which began in 2013, when the revolution began in Ukraine. As a result, one part of the population began to resist. The inhabitants of the Crimean peninsula were the first to express their resistance.
The Autonomous Republic was the first to express a desire to withdraw from unitary Ukraine. Yes, in 2014 a referendum was held which brought together more than 83 % votes for secession from Ukraine and further accession of the peninsula to the Federation as a subject.
The international community, led by the United States, considered the annexation of the peninsula to Russia as a consequence hostilities And act of aggression in relation to the integrity and sovereignty of Ukraine, despite the fact that the inhabitants of Crimea themselves wanted secession from Ukraine.
As is known, October 14, 2014, EU candidate countries, joined the anti-Russian sanctions imposed by Brussels. These sanctions limit the access of Russian banks to global capital. They also affected the restriction of the work of such industries in Russia as oil And aircraft building.
In particular, the restrictions apply to the following Russian oil and gas companies:
- "Rosneft";
- "Transneft";
- Gazpromneft.
The following Russian banks were affected by the sanctions:
- "Sberbank of Russia";
- "VTB";
- Gazprombank;
- "VEB";
- Rosselkhozbank.
Sanctions have not bypassed the industry Russian Federation:
- Uralvagonzavod;
- "Oboronprom";
- United Aircraft Corporation.
The sanctions consist in prohibiting residents of the European Union and their companies from trading in securities with a validity period of over 30 days , Russia's assistance in the extraction of petroleum products.
In addition, the Russians are prohibited operations with European accounts, investments, securities and even consultations European companies. The European Union also banned the transfer to Russia technologies, equipment And intellectual property (programs, developments) that can be used in the defense or civil industry.
Introduced sanctions against some Russian companies, which were prohibited from supplying goods, services and technologies for special purposes to the European Union.
The restrictions also affected many officials who are prohibited from using their assets located in any of the EU countries, not to mention entry into the EU, which is also prohibited.
Canada has imposed similar sanctions. Citizens who are on the restrictive list of this country are prohibited from visiting it for any purpose, and all assets located in the country are frozen. Also, Canadian companies do not have the right to provide companies subject to sanctions funding for more than 30 days.
Sanctions imposed by the US authorities relate, first of all, to the supply of technologies and programs to the territory of Russia to support the Russian military forces. The sanctions also affected the ban on the supply of space components and technologies to Russia.
Now Russia is prohibited from using spacecraft, which were developed by US forces, as well as which include elements developed by the state. As a result of this ban, Russia was unable to launch the Astra 2G.
America banned issuing a list of Russian banks loan for more than 90 days
.
All sanctions imposed by other states against Russia include a ban on the entry of an authorized list of persons into the territory of the country, freezing of their assets located on the territory of the state, a ban on Russia from participating in the capital market, as well as a ban on any trade, economic relationship among companies, banks, and so on.
As you can see, the imposed sanctions are good hit the economy and development of the Russian Federation. Is it possible to do something for the normal functioning of the country and the stabilization of the economy?
Some experts express their opinion about the actions on the part of Russia to lift sanctions, or prevent their tightening.
First of all, it is recommended to show a refusal to support the militias in the Donbass. It is clear that Crimea will no longer become Ukrainian, but the hiding of refugees in different cities of Russia can prevent the emergence of new sanctions.
Russia needs to take a neutral stance and not respond to the sanctions imposed by the European Union. With Russia's retaliatory sanctions, the European Union introduces retaliatory bans. Moreover, the EU and the US have more leverage than Russia.
Russia needs to be friends with those countries that have not yet imposed sanctions against the Federation, thereby improving its economic ties with them. This primarily concerns countries of the Middle East .
By cooperating, it is possible to issue joint bonds, investment projects. The Russian authorities themselves understand this, but they have not yet taken decisive steps.
Moreover, such a friendly policy with Asian countries will help Russia improve your export. Trade in oil products is now at a low level, and all because of prohibitions And sanctions.
Expanding supplies of oil and natural gas will help Russia eventually achieve a share of the stabilization of the national currency.
Neither side wants to make concessions. Europe is afraid of turning Ukraine into a so-called black hole in its very center. And at the same time, no one wants a final break with Moscow.
In this situation, it would be nice if Russia made a compromise, which would undoubtedly play its role. It is not worth waiting for such actions from the US government - having caved in under Russia, Trump will finally lose his rating, which is not at the highest level anyway.
What will happen to the ruble and the dollar in the near future - analysis and expert opinions
2. What will happen to the dollar in the near future and what will happen to the ruble in 2020 📈📉
Behind last years the exchange rate of the national currency of Russia fell more than than 20%. The population has never seen such a strong fall of the ruble. Many people are puzzled by the question of how the national currency will continue to behave. This is especially of concern to people who are going buy or sell assets, real estate, foreign currency and just people who are worried about the situation in the country. By the way, you can buy or sell currency, stocks and other assets at this broker .
The ruble is falling, and it is not known whether there will be enough money for a standard basket of essential goods, not to mention luxury goods.
The current situation in relations with Ukraine, the fall in oil and natural gas prices, and external restrictive sanctions forced the ruble to change its stable position. And oil and gas, as you know, accounts for more than 70% of the total state budget.
Also, the depreciation of the ruble will affect some countries that depend on cash flows from Russia, such as the Caucasus and some Asian countries. The result of this is the depreciation of the national currencies of these states.
Conflict situations in Syria and Ukraine only complicate the situation of the national currency.
The work of the Central Bank with foreign currency did not bring the required results in stabilizing the ruble exchange rate. According to some officials, there is only one way left that affects the ruble exchange rate.
They claim that they will now influence the course through inflation targeting. basis method is a set of measures that can affect the rate of inflation and credit policy countries.
Experts identify three main scenarios regarding the state of the ruble:
- optimistic
- anxious
- realistic.
Scenario 1 - Optimistic
If you listen to the government, then Russia is on the way to restoration And economic growth . The price of a barrel of oil is expected to stabilize in Asia and Korea, which will rise to $95, and the dollar should acquire its former price value. 30-40 rubles.
The percentage of GDP will change due to the lifting of economic sanctions imposed by Western countries on Russia, which will increase the indicator by 0,3-0,6 % . Such changes are expected in autumn 2020.
2nd Scenario - Alarm Scenario
By the way, trading financial assets(currency, shares, cryptocurrency) can be directly on the exchange. The main thing is to choose a reliable broker. One of the best is this brokerage company .
Oil market collapses only worsen the situation of stabilizing the ruble exchange rate against the dollar. If we turn to statistical data, we can say that in 2016 the average exchange rate of the dollar in relation to the ruble was 68 rubles, now the US dollar is worth 65-75 rubles.
Our government's plans, according to some analysts and experts, do not at all include the adoption of measures to stabilize national work. The development of exports is what the state's efforts are aimed at.
Of course, the export of goods will bring the country additional income, as Russia copes with the production deficit. The capacity of the state production forces does not allow processing the crops harvested by Russian farmers and diggers.
Do not wait for the ruble to stabilize its performance. If we look at the statistics 2014-2015, then we can recall that the percentage of expectation of a decrease in the level of internal gross product, was equal to 0.2, but already at the beginning next year, this economic indicator reached almost 5% .
The fall of the economy can not have a positive impact on the ruble exchange rate. When calculating this percentage of GDP decline, the cost per barrel of oil is taken as the basis. As well as the conditions for the operation of all prohibitions and sanctions. So low economic indicators, whatever one may say, reduce investment attractiveness potential internal and external investors. And this, in turn, significantly reduces the flow material resources to the country that adversely affects the Russian economy.
With such far from optimistic data, we can say that the ruble will begin to lose its current positions.
Several reasons will contribute to this:
- The first factor is forecasting a decline in the price of oil on the world market. First of all, it concerns natural gas, which by its export brings a large share of the country's income. The same situation is predicted in the regions of Japan, America and Europe.
- The second factor is the country's geopolitics. The recent annexation of Crimea has led to the emergence of economic sanctions by Western states, which also impede the stabilization of the ruble. The development of the Crimean peninsula entailed a large outflow of the country's capital.
Under such events, GDP is expected to decline to a figure that will be 3-3,5% . The dollar will stabilize, its value will be 50-65 rubles.
3rd Scenario - Realistic Scenario
As shown by the results of the vote held on June 22, 2015, the EU will not lift sanctions against Russia. We can confidently say that the sanctions will not be lifted and they will remain at their current level. With a possible aggravation with Ukraine, which is actively developing, the sanctions will only increase.
As for the price of oil, in this scenario it will remain the same price of $40-60 per barrel. The level of GDP will approach zero, and according to some analysts and forecasts World Bank GDP in Russia will have a negative indicator at all. A fall GDP will be about 0,7- 1 % .
Reasons for the fall and rise of the ruble. What will happen to the ruble in 2020 - forecasts and opinions
3. Reasons for the growth and fall of the ruble - the main factors 📋
In the current situation, every citizen of Russia monitors the behavior of the ruble on the currency Forex market. Many factors influence the decline and appreciation of the exchange rate. And now, more than ever, it is important for Russians not only to preserve their capital, but also to increase it. To do this, we wrote an article about what a novice trader needs to know in order to successful trading on Forex.
What influences the behavior of the national currency?
* Factors of growth of the ruble
Among the many reasons, one can single out those that have positive impact on the behavior of the national currency, namely:
- Country Politics. This factor directly associated with the ruble exchange rate, especially in the current situation today. Of course, most government decisions are made for the good of the country and are aimed at the development of Russia.
- Securities . Western partners' investment in securities and the assets of Russian companies contributes to the stabilization of the ruble on the world market. But, unfortunately, investing in securities as a process is underdeveloped. Perhaps, in the near future, Western investors will become more actively invest your capital while earning income in the form of dividends.
- The cost of oil. Everyone has long known that Russia has rich oil resources . Moreover, there is enough oil not only for the needs of the country, but also for exporting it to countries that do not have such a resource. By selling oil, Russia enriches its the state budget. That is, if the price of oil falls, then the country receives less income, respectively.
- The ratio of the population to the national currency. It is not immediately clear what the meaning of these words is, people normally relate to him. People stopped trusting national currency, deposits in rubles began to decrease. But this significantly affects the exchange rate of the ruble. The more the national currency is attracted, the better the country's lending policy will become, respectively, economic growth will not be long in coming. Moreover, the ideal situation is when foreign investors want to invest in rubles. But, for this, first of all, there must be economic stability. Therefore, the inhabitants of the Russian Federation, as residents, and Foreigners, have big influence for stability national economy and the exchange rate of the ruble, in particular.
- Increasing the rate of national production. Increasing this indicator will allow not only to fulfill the planned production volumes, but also to exceed it. A high volume of production will not only meet the needs of the country, but also export goods and products, which will bring additional income to the state budget.
* Factors of the fall of the ruble
In weight with all the positive factors, there are also factors negatively affecting the ruble exchange rate . They depreciate the ruble in relation to other currencies.
These factors have a huge impact, our government should take serious measures to prevent them.
- outflow Russian capital . This is, first of all, the movement of assets to foreign countries. The unstable position of the ruble forces investors to transfer money and their investments into foreign currency. By exchanging our money savings into another currency, we ourselves, without suspecting it, provide stability of a foreign state and its course. This is how capital is withdrawn from Russia. This has a devastating effect on the positions of the Russian national currency. The result of such negative actions for the country is the fall of industry and the economy as a whole. People refuse to invest in Russian economy, thereby providing itself with low well-being.
- Foreign exchange rate. In this situation, the leading currency is exactly the one that has a strong position in the global foreign exchange market. It's impossible to influence it. This currency, first of all, is the dollar, which has a stable position, thanks to constant measures by the United States aimed at strengthening the national currency of the country. America is confidently strengthening its positions. With the introduction of measures to stabilize the dollar exchange rate by America, the ruble loses its position. It is simply impossible to take measures to prevent the depreciation in such a situation, even with all the forces of the Russian economy.
- Game of the population with exchange rates. The desire to make money on the exchange rate arises among the majority of Russians. They invest their savings not in rubles, but in dollars or euros, looking at stable foreign exchange rates. In this way, people secure their savings through a stable currency. In moments of a strong fall in the ruble exchange rate, huge transfers were made exchange of Russian money into foreign currencies, which also ensures the drop national course. Such actions confirm the fact that Russians do not trust the government, especially their promises that the ruble will soon stabilize.
- Measures Central Bank . During the fall of the national currency, the bank refuses to convert the ruble into the dollar. This situation could prevent a significant fall of the ruble.
- Share of gross domestic product. Russian production, by and large, stands still, industrial plants are not expanding. The country produces such a small share of its own goods and products that the income received from their sale is only enough to pay wages to workers. State enterprises stand still, working on old equipment. The equipment that has been left since the times of the Soviet Union does not allow working at the capacity that is necessary for the development of the economy and the state as a whole. All this leads to distrust of people in domestic production, forcing them to buy imported goods.
- Economic stagnation. This factor is a consequence of the low share of GDP in the country. Stagnation, that is, the stagnation of the national economy, is the result of preference for foreign goods when choosing one or another product. And this is not strange, because imported goods offer higher quality for about the same price category as a domestic manufacturer. The West is known for its advanced technologies production, which, unfortunately, Russia cannot yet boast of. Thus, by giving preference to the goods of another producing country, we do not contribute to the development of the Russian economy and reduce payment balance countries, which directly affects the depreciation of the national currency.
4. What will happen to the ruble in 2020 - expert opinion 🗒
As mentioned above, experts cannot come to a common denominator and no one can determine the specific economic situation in the country, since their opinions are quite contradictory. But one thing can be said that 2020 will clearly be a difficult test for Russians, national economy and for ruble positions.
To understand the situation with the dollar, it is worth mentioning the forecasts of some economic experts in this regard.
💡 We recommend that you first read the opinion of experts and analytics from the company " ForexClub ". At the link you will find tabs and sections with fresh forecasts by a specialist, you can also buy and sell various assets through this broker.
Through the "Tools" tab, the purchase and sale of instruments (shares, currencies, etc.) is available. Analytics tab provides reviews, opinions and forecasts
Former Minister of Finance of Russia, Alexey Kudrin , believes that in the near future the country's economy is subject to a huge downturn. This opinion was served by the current political situation. As a result, the purchasing power of Russian citizens will decrease, which in turn will affect the economy as a whole, not to mention the ruble exchange rate.
modern economist, Vladimir Tikhomir , I fully agree with the opinion of Kudrin. According to the economist, the rise of the economy and achieved level stability is only a temporary phenomenon, which will soon lead to the collapse of the ruble as a national currency.
The fall of the ruble as a national currency and the strong growth of the dollar portends Nikolay Salabuto . While holding the post of head of Finnam Management, the reason for this situation is associated with the imminent fall in oil prices over the course of several months.
According to the expert, the American national currency will rise to the mark 200 rubles per dollar .
Igor believes that several factors influenced this:
- restrictive sanctions, which will last at least until next year;
- the cost of oil, which will decline. This is due to Western competitors who export "black gold" for more favorable conditions. The United States increases oil exports every year, thereby "cutting off the oxygen" for large Russian supplies;
- national economy, which is completely dependent on the environment and the economic situation in the country. This industry cannot develop independently, and directly depends on the geopolitical situation. Russian economy requires constant modernization and development by government bodies.
- US Federal Reserve, whose policy will be associated with some activities.
Igor Nikolaev expresses his opinion about the actions of the Central Bank of the Russian Federation. Igor believes that the current measures and methods of the Central Bank are absolutely correct, and there is no need to subject the bank's policy to rethinking.
But this will in no way affect the stabilization of the national currency, the fall of which cannot be prevented. To eliminate this situation, according to the head of Finnam Management, it is necessary to eliminate the destructive factors cited above, since they all have an impact on the ruble exchange rate.
Sergey Khestanov , the director of ALOR Group of Companies, believes that the factors of the depreciation of the ruble can be conditionally divided into two categories: subjective and objective factors.
Subjective factors include those that have no justification from a political, legal or economic point of view. Here Khestanov includes, first of all, the opinions of experts (since each of them expresses his original point of view, guided by certain factors), as well as the outflow of funds.
Objective factors include those processes that directly affect the ruble exchange rate. These are external sanctions of other states, and external debt countries.
It is impossible to predict the behavior of these factors, but the analyst is sure that the price of oil in $74 per barrel, will lead to an even greater fall of the ruble. This price will help reduce 10-15 % from the current value of the ruble.
The opinion of modern financial analyst, Vitaly Kulagin , more reassuring. He believes that the position of the ruble today is the starting point. The analyst says that already in 2020, the national currency will adapt to the current situation and begin grow .
These are the opinions of leading analysts, as you can see, they are completely contradictory and do not have a single consensus. Before accepting the position and opinion of one of them, it is necessary for oneself to understand the strength of the factors influencing the position of the national currency.
5. Oil forecast for 2020 - news and forecasts 🛢
The cost of oil depends on the value of the dollar compared to the ruble. This dependency is shown in the following way: with the growth of the dollar, the price of oil is falling, respectively the ruble is losing ground . When oil prices rise, the dollar falls and the ruble rises.
Graph of the dependence of the value of the ruble on the cost of oil
Impossible to predict oil price in 2020. The External Economic Bank predicts the cost of 6 $0 per barrel or more . At the same time, the resistance level of this price is at the price of $70, and the support level is $42.
Thanks to breaking news, the price of a barrel of oil falls. Resistance at this stage is $75 and $85. If these levels are broken through, the price of oil will probably “go” to $98-100. Support — $45, when “breaking through” down — leaving the range of $25
At the beginning of 2016, the price of oil took the position of an absolute minimum over the past decade and was equal to $28 per barrel. That is, the cost of oil can take any price at any time of the year.
6. What will happen to the ruble in 2020 - the coming years: breaking news + expert forecasts of leading banks 📰
For a long time, the ruble has not been able to stabilize its position against other foreign currencies, such as dollar And Euro. Due to difficult economic circumstances, the ruble lost most of its value.
Some foreign states, experiencing economic crises, also observed a decline in the national currency. The foreign policy actions carried out by the state force many analysts and experts to give different forecasts about the economic situation of the Federation and about the national currency rate, in particular.
Fluctuations of the ruble may be associated with various domestic and foreign policy actions on the part of the state and its government.
The World Bank gives quite comforting forecasts about the ruble exchange rate and oil prices . According to the most respectable bank, the ruble will stabilize in 2020, and the dollar will cost about 58-60 Russian rubles. As for the cost of oil, it will stabilize at $63 per barrel.
Chairman of the Central Bank, Elvira Nabiullina , recently expressed her opinion about the country's economy in an interview for a leading TV channel. She did not name the prices of the ruble and oil, but said that the policy pursued by the United States to introduce measures to strengthen the dollar would also support the currencies of some states, including Russia. The fall in the national exchange rate, according to the chairman of the Central Bank, was due to the fall in oil prices, as well as the closure of the possibility of entering the global financial market.
Vnesheconombank believes that in 2020 the price per US dollar will be 55-58 rubles if the policy of OPEC will contribute to raising quotations per barrel of oil to 75-80 dollars.
European Bank for Reconstruction and Development asserts that financial cash flows sent to our country will be reduced by at least 10 percent. The reason for this opinion was the huge internal loans of the state, among banks, as well as external restrictions on loans. There is a risk of rapid exhaustion production capacity, as a consequence of the reduction of investment and simple financial flows.
Do not forget that an industry such as the oil and gas industry will also suffer due to lack of funding, and as a result, the inability to work at full capacity. The change in the supply of raw materials to other countries will undoubtedly affect currency relations, which will not play in favor of our currency.
One of the Canadian banks Scotiabank , the third largest in the country, gives not the most optimistic forecasts for the Russian national currency. One American dollar will cost 69 rubles by the end of the year.
According to one of the largest investment banks in the world, Goldman Sachs , by 2020 the exchange rate of the national currency will be equal to 60 rubles per dollar. The price of oil will fluctuate, but by the end of next year it will be $70 per barrel.
All world banks agree that the ruble exchange rate is successfully strengthening. Forecasting the rise in oil prices cannot but rejoice. But, to raise the economy as a whole, you will have to stock up patience And baggage of actions, because a quick return to the former situation is not worth waiting for.
7. Frequently asked questions on the exchange rate of the ruble and the dollar 📢
Question number 1. Is it true that the dollar will be canceled in 2020?
The issue of abolishing and limiting the US currency has been troubling the population for some time now. From time to time this issue is raised in some political statements and legislative projects.
At the moment, the government is taking all sorts of actions to reduce the dollar turnover in the country. Sergey Glazyev, who holds the post of presidential adviser, proposed his plan for economic development countries. One of the points of the plan is precisely the reduction of the dollar turnover in the country. Glazyev further explained this by saying that the United States is already developing a plan to limit the use of the dollar in the country, and this plan will be a retaliatory strike.
It is clear that it will not be possible to completely exclude the dollar from the country, since this currency is the basis of the world financial system. State policy is primarily aimed at eliminating dollar currency from small sectors of the economy. Such actions will undoubtedly lead to the growth of the national currency of Russia.
For example, trade in Russia's national resource, as natural gas for rubles, and not for dollars, will force many states to use the ruble, which will force the dollar to drop in relation to the ruble. In cases where large countries decide to sell American treasury bonds, thereby getting rid of the dollar, all financial system The US will collapse.
City Express CEO Alexey Kichatov assesses the chances of abolishing the dollar in the country as minimal. Kichatov claims that this will be a powerful blow to the Russian economy.
In addition, he predicts the difficulties that he expects Russian people, since the savings of the population, to a greater extent, are stored in dollars.
Anton Soroko does not exclude partial the disappearance of the dollar in Russia . According to the analyst, it will take a long time, which will eventually lead to the emergence of two rates of shadow turnover. He cites Venezuela as an example. Trying to fight the outflow of capital, the authorities limited the dollar turnover, as a result, two courses were formed in the country: official and unofficial.
Question number 2. What is the forecast for the ruble against the dollar for the next week?
In forecasting the course, you should not take into account news events, politics, since these factors are not taken into account when making a forecast for the near future, they are too suspicious and unstable.
Since no significant change and stabilization of the exchange rate is expected in the near future, the ruble exchange rate for the next week will be 65-75 rubles against the dollar, as there are no special reasons for the stabilization of the exchange rate.
We remind you that fresh forecasts and analytics regarding the exchange rate of the dollar, ruble and other instruments for the next day, week, month can be found at link here 📊.
Question number 3. When will the dollar fall (collapse)? Will the dollar fall soon?
The exchange rate of the ruble, as already mentioned, directly depends on investments in the national economy. Moreover, the more investments will be made in Russian capital, assets and economy, the more reliable will be the position of the national currency. And such a process as investing in the Russian economy is connected with the position of the dollar in the country.
The exchange rate of the American currency is also affected import balance And export . These indicators, for good economic growth of the country, must have an appropriate level. The ideal situation is when the export of goods from the country exceeds the import of imported goods, this allows you to enrich the state budget.
Speaking of this balance, it must be remembered that America has biggest state debt
. In addition, the United States has a large budget deficit, which creates domestic debt countries. Based on this, the value of the dollar, as a world currency, should fall.
But questions arise why, in such a situation, the dollar remains the most reliable currency in the world.
People trust the dollar because the American currency is highly liquid and the most convertible currency in the world. Why experts' forecasts do not come true from year to year, and why does the dollar remain the most demanded currency in the world? ? What are the consequences of the fall of the dollar?
If the dollar falls anyway, to be replaced by another currency. It is necessary to think about what kind of currency could replace the dollar in terms of convertibility, liquidity and reliability.
Many experts cite Euro to replace dollar. But do not forget that the EU currency is relatively young, which is now also going through difficult years. Many EU countries are experiencing economic crisis . This is first of all Greece, Portugal, Spain and others.
The reason for this stagnation is also America's large debt to these countries. The euro also depends on the dollar, more precisely on its exchange rate.
The dollar remained the most stable currency , even when all countries were going through a period of default and all stocks, real estate and assets were falling in price. This helped the dollar strengthen its position even more. Even in a crisis, when everything was depreciating, the dollar remained the most reliable currency.
Due to its stability, high liquidity and high conversion rate, many countries use as a currency basket exactly the dollar . This diversification occurs in order to save the accumulated funds and their possible increase.
This method is used by such economically strong states as Brazil, China, Russia and many other countries. The use of the dollar as a currency basket contributes to stability and demand for the national currency of America.
The state itself is doing everything possible to keep the exchange rate of its currency at high level. If you believe the rumors that the fault economic crisis so it was one of the "powerful moves" on the part of America, which was staged to maintain the national course.
In 2008, in order to maintain the economic situation in America, it was decided to launch a new dollar cash flow. During this period it was over a trillion dollars printed.
America's actions did not lead to inflation, as the demand for the dollar did not decrease. As long as there is demand for the national American currency, the dollar will not fall.
The fall of the dollar is possible only in such cases as:
- sale major countries the world of US Treasury bonds and the rejection of the dollar as a currency;
- if countries stop trading with the dollar, the American financial system will collapse. Russia is actively pursuing this method by selling its goods for rubles. Previously, this was simply unthinkable. It was necessary to sell oil for dollars, and then pay off with the same currency with another country for the necessary assets or goods.
If each country, when trading and buying, uses its own national currency, and not the dollar, then the exchange rate of the latter will go down. Countries will simply stop using the American currency with today's activity, it will become less in demand.
Question number 4. Will the dollar rise in 2020?
We have already described in detail the possible forecasts for the dollar. The dollar can both rise and fall. This also includes dependence on the decision of the Fed. Analysts and experts predict that the Fed plans to raise interest rate which could have a negative impact on the ruble exchange rate.
8. What will happen to the ruble in the near future 2020: latest news + our fundamental and technical analysis of the market 💎
Periodically, we will publish our forecasts and our visions for the ruble and dollar exchange rate, analyzing the market, conducting our own, mainly technical analyses.
* Forecast of the dollar exchange rate for the near future
From the latest technical analysis, it follows that the probability of the dollar falling below 55 and 50 rubles is minimal, as well as its growth above 85 rubles. In any case, you should conduct analytics and make forecasts on your own. No one knows the exact forecasts!!!
If you want to start trading on the Forex market on your own, we recommend using the services this forex broker.
9. Conclusion + related video 🎥
Analyzing all the forecasts of world famous banks and analytical experts, one can hope for a speedy stabilization of Russia's national course. You just need to stock up on a certain baggage of patience, the strengthening of the ruble will soon occur.
But despite such bright prospects, it should be understood that Russia today does not have the best economic situation, which can be affected by various actions, and not only domestic , but also external political factors taken by the policies of other states.
A very precarious situation, the national budget deficit and external sanctions haunt the people of Russia. According to official statistics, in the past two years Russia has spent one hundred fifty billion gold and foreign exchange reserves. Spending was stopped, but if oil prices continue to decline, Russia will face total budget deficit.
After all, the country's income will drop significantly, and to maintain a functioning level of the economy of such a huge state, considerable cash. The opinions of experts and leading banks, of course, are promising, but you should not rely only on their forecast.
All Russians want to believe in the stabilization of the national currency. Everyone is already tired of thinking about the dollar and waiting for the level to improve wages and pensions.
Need to raise purchasing power population, raise the level of the economy and the level of gross domestic product.
But you need to look at the current situation through the prism of reality and not just wait for improvements, but contribute to them, buying goods national production and making contributions to national banks.
We hope that you now understand that the answer to the questions - "What will happen to the dollar in the near future?", "What will happen to the ruble?" Everyone is looking for himself, making his own forecasts and relying on his own principles.
If you have questions and suggestions, we are ready to discuss them in the comments to the article.
In conclusion, we suggest watching an interesting video
AiF.ru interviewed financial experts and found out what factors will support the ruble in the second half of the year, and, conversely, what difficulties it may face Russian currency.
"American Threat"
Anastasia Sosnova, analyst investment company Freedom Finance:“The ruble, like other emerging market currencies, in the second half of 2018 will remain under pressure from the normalization of the monetary policy of the US Federal Reserve. This suggests that in long term the outflow of capital from emerging markets with the transfer of money from the sale into US dollars will continue.
Against this background, it makes no sense to expect a serious strengthening of the national currency before the end of the year. The Russian currency may still fall in price against the dollar to 66 rubles.
The periods of increased volatility for the ruble are likely to be September and December, as two rate hikes in the States are expected in these months.”
"The ruble got rid of oil"
Alexey Fedorenko, asset manager financial company ICBF:“Thanks to the operations of the Ministry of Finance in the market, the ruble is practically independent of the oil market. It is much more influenced by the actions of non-residents, so the main risks for the exchange rate lie in the area of investor sentiment in the global market. There are no special reasons for a serious fall in the value of the national currency: after weakening in early April, quotes are moving in a fairly narrow range with attempts once a month to overcome the mark of 64 rubles per dollar.
The imposition of tariffs by the world's largest economies contributes to a slowdown in growth world GDP, which worries investors and makes them withdraw money from developing countries. If the situation does not change, then the Russian currency may well eventually overcome the current "ceiling" and gain a foothold above 64.50 rubles per dollar and 74.50 per euro. At the same time, it is worth considering the massive conversions of domestic exporters exchanging foreign exchange earnings to pay taxes, so at the end of each month the ruble will get a break and try to grow, but the long-term picture is not in its favor.”
“The championship will end, the currency will strengthen”
Dmitry Zharsky, Director of Veta Expert Group:“In the second half of the year, the ruble will primarily lose support from the cash flow that the guests of the 2018 World Cup brought to the economy. This is about 0.5-1 billion dollars that came to currency market and did not allow the dollar to rise above 64 rubles.
With the end of the championship, this support will come to naught, but the federal regional budgets there will be a need to spend 300-500 million rubles a year on each of the stadiums built for the championship just to maintain them.
Among the main factors putting pressure on the ruble is the increase in the reserve rate of the US Federal Reserve, and as a result, the growth of global interest in the dollar and the fall in demand for the currencies of developing countries. The rising reserve rate attracts capital into the US economy, diverting them from riskier assets, which, of course, include the ruble and Russian OFZs.
I believe that in the second half of 2018 the dollar will be traded in the range of 65-70 rubles, gravitating towards the upper limit by the end of the year. For the euro, the range will be 75-83 rubles, the upper limit is a priority.”
“September and December are tough months”
Olga Prokhorova, expert at the International Financial Center:“The Bank of Russia does not yet intend to tighten monetary policy and raise rates, which are already in comparison with developed countries quite high - this is on the one hand. On the other hand, rates are rising in the US, while the quantitative easing program is being phased out in Europe, and there is a prospect of raising rates in the eurozone as early as next year.
That is, both the dollar and the euro follow the path of appreciation (according to at least while we see such a trend). What cannot be said about Russian ruble, whose dynamics is no longer a derivative of oil prices, as it was before.
As for the most “difficult” periods for the ruble, it could be September and December, during these months the Fed, presumably, can raise rates again. Also on December 3, an OPEC meeting will take place, the outcome of which is not yet possible to predict, since the issues discussed at it will largely depend on the dynamics and conjuncture of the oil market in the coming months.
"Dangerous Trade Warriors and Key Stakes"
Ivan Kopeikin, expert of the financial company "BCS Broker": “The key risks for the ruble in the second half of the year are likely to be: further tightening of monetary policy by world central banks. In particular, in the near future, the Fed will increase the volume of operations to reduce the balance sheet to $40 billion, and may also raise rates twice more before the end of the year. At the same time, both the European Central Bank and the Bank of Japan are gradually curtailing stimulation. All this can lead to an acceleration of the outflow of capital from developing countries and pressure on the Russian currency.
Of the significant risks, in my opinion, it is also worth highlighting trade wars, which may continue to negatively affect world economy, and, accordingly, commodity assets and the ruble. At the same time, the VAT increase announced by the government may additionally slow down the growth rate of the national economy and increase the outflow of capital from the country.
The most difficult is traditionally the 4th quarter and in particular November and December. Since during this period there are maximum payouts By external borrowing V foreign currency. If we take the seasonality, then moderately light, as a rule, are October and September, as well as the past February, March and April.
The maximum values, in my opinion, can be 66.5-67 for the dollar/ruble pair and 79-80 for the euro/dollar pair.”
