Today I decided to tell you the most fresh forecast euro for 2017. At present, the Russian economy is not going through the most better times, financial position state is very unstable.
The country's solvency largely depends on market conditions, or rather on the price of black gold. And as we all know, the price of oil has been at a low point lately. It is for this reason that the Russian economy is not in the most advantageous position. European sanctions also had a negative impact on the state's economy.
The economic state of the state can improve only if the internal / external situation normalizes, the price of oil rises, which will accordingly lead to a rise in price Russian ruble. And if the sanctions are lifted, then it will still significantly improve the economy of the state.
Over the past two years, there has been a sharp depreciation of the ruble, which, in turn, has caused unrest among domestic citizens. Today, almost all domestic citizens are interested in the exchange rate, including the euro exchange rate forecast for 2017.
Euro exchange rate forecast for 2017 from the Central Bank
The leadership of the Central Bank said that in the near future we can expect a slight depreciation of the national currency, respectively, the euro will grow against the ruble. But after Brexit, a steadily downward trend was born on the euro/dollar pair, that is, the euro has been depreciating against the dollar for half a year.
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Let me remind you that many experts predicted the depreciation of the euro, regardless of the decision of the referendum, which actually happened.
The euro exchange rate forecast for 2017 suggests that euro quotes will fall in the future. So, next year the euro/dollar pair will be dominated by downtrend.
So, the euro will become cheaper in the future, but in order to determine the future ratio of the euro to the ruble, it is worth knowing what will happen to the ruble in 2017. Unfortunately, a sharp improvement in the situation is not expected in the Russian Federation in the near future. Many analysts suggest that next year the national currency will continue its downward trend.
What is the best way to store currency in 2017
Due to the fact that next year the domestic currency is getting a little cheaper, many citizens of the Russian Federation are wondering where to keep their savings in 2017. If you cannot choose what is better to buy: dollars or euros, then experienced financiers advise buying dollars.
I want to note that the quotes of the euro against the ruble are influenced by the quotes of the euro/dollar pair. Bank Credit Suisse, which is located in Switzerland, assures that in 2017 the value of the dollar and the euro will equalize. Even if they are not quoted 1:1, the price of the dollar will significantly approach the value of the euro.
The opinion of the employees of the Morgan Stanley organization is somewhat different from the one presented above, they suggest that in 2017 the value of the EU currency will be 90 rubles. You should not blindly trust their forecasts, as they often make mistakes and change their forecasts.
Employees of the Ministry of Economic Development assure that the increase in oil prices can lead to the stabilization of the Russian economy. And if oil stays at $40, then the government will have to cut budget spending.
Some experts suggest that the government will not be able to cut spending, which will soon lead to a sharp collapse of the ruble. China is actively trading with Russia. If in the future the PRC does not improve its position, then this will further reduce the cost of black gold, which will accordingly lead to a depreciation of the ruble.
In order to improve the situation in Reserve Fund you can take the following steps:
- Reduce costs.
- Use funds from the Welfare Fund.
- Activate issuance financing.
Experienced specialists consider the use of the second paragraph inappropriate, as this will increase the debt. The best option is to reduce costs. So the leadership of the Russian Federation plans to cut costs by 3 trillion rubles in 2017. It is not yet clear what measures will be taken to achieve this.
The most accurate forecast of the euro exchange rate for 2017
You can see the euro forecast for 2017 in Russia below. 
January 2017
At the beginning of the new year, the euro will cost 73.4. The maximum value of the exchange rate in January 2017 is 73.4, and the minimum is 70.5. The average value for the month is 72.2.
February 2017
In the first days of February, the value of the European currency will be 71.6. The maximum value of the exchange rate in February 2017 will be 74.4, and the minimum 71.5. The average for the entire month is 72.74.
At the beginning of March 2017, the price of the European currency will be 73.3. The maximum exchange rate will be 73.3 and the minimum 70.4. The average value in the month of March is 72.1.
April 2017
At the beginning of April 2017, the euro will cost 71.5. limit value the course will be 71.6, and the minimum is 69.5. The average value will be in the region of 70.6.
At the beginning of May 2017, the euro will cost 70.6. The maximum price will be 70.7 and the minimum price will be 68.6. The average price of the EU currency will be 69.9.
In June 2017, the euro will cost 69.6. The maximum price in June 2017 will be 69.6, and the minimum will be 66.9. The average value of quotations in June is 68.5.
In July, the European currency will cost 67.9. Max heading in July 2017 will be 68.99, and the minimum is 66.95. The average value of the quotes of the European currency will be located in the region of 67.97. 
August 2017
In August, the European currency will cost 67.97. The maximum rate in August 2017 will be 70.7, and the minimum 67.9. The average value of the price will be around 69.05.
September 2017
This month the European currency will cost 69.7. The maximum rate in September 2017 will be 72.5, and the minimum 69.7. The average cost in September will be 70.8.
October 2017
This month the price is 71.4 euros. The limit quotes will be 72.08, and the minimum 69.95. The average cost in October will be 71.5.
November 2017
At the beginning of November 2017, the euro will cost 71. The maximum exchange rate in November 2017 will be 71, and the minimum 67.2. The average cost in November will be 68.9.
December 2017
At the beginning of December 2017, the euro will cost 69.3. Limit quotes will be around 71.7, and minimum 69.3. The average value of the cost in the month of December will be 70.2.
Bloomberg analysts issued a forecast for the euro. They believe that the euro against the dollar will reach 1.12 by March 2020, and 1.15 by the end of the year. Recall that now it is 1.105.
However, some forecasters, writes Bloomberg, clearly underestimate the consequences of financial stimulus for the economy, the growing resistance of the ECB's exchange rate to negative interest rates and increased volatility that would threaten the viability of the euro as a carry trade currency.
A growing number of banks believe that the European currency has a very optimistic future in 2020. The biggest optimist - Morgan Stanley, for example, believes that in the first quarter next year the euro will add 5% and reach 1.16 dollars. ABN Amro Bank NV and Commerzbank AG expect growth to 1.14 by March. The main reasons for optimistic forecasts are the stabilization of the region's economy and the weakening of uncertainty regarding Brexit.
New ECB President Christine Lagarde, who will make her first policy statement in office on Thursday, believes that in order to accelerate the pace of development of the eurozone economy and fight inflation problems, more attention should be paid to financial stimulus for the region's economy.
The ECB headquarters in Frankfurt also consider negative interest rates to be a powerful driver for accelerating the economy, but more and more eurozone central bankers complain about Negative consequences negative rates on savers' savings and pension systems their countries. Many economists also believe that negative rates do more harm than good because they reduce the profitability of banks and markets and create a "money illusion" in which consumers think their financial situation has worsened. As a result, they cut costs.
The ECB responds that it is not the bankers that should be blamed for the long-term negative rates, but the politicians, who should have stimulated their economies more vigorously.
Economists, by the way, predicted a rally for the euro this year as well, but growth fell through due to the fact that the European currency was used to finance the carry trade. Now more and more financiers believe that the use of currency to finance the carry trade is outdated and does not contribute to rapid development economy.
The decrease in the volatility of the euro to a record low supported currencies developing countries. Traders, meanwhile, are preparing for a new period of currency instability. It is possible that we should expect a repetition of the events of five years ago. Then, in the summer of 2014, the volatility of exchange rates returned from a record low to a two-year growth cycle.
The current levels of volatility to some extent reflect the wait-and-see attitude of traders on Brexit and trade negotiations between the US and China. This means that any drastic changes in these events may be accompanied by large price swings that will hit the positions of the carry trade and, therefore, support the euro.
Euro exchange rate now 71.7190 rubles for 1 Euro. Change range: 71.1367 - 71.8262. Rate of the previous day: 71.2227. Change: +0.4963 rubles, +0.70%. Reverse course:
Euro exchange rate forecast for tomorrow, week and month.
Euro exchange rate forecast by day
| date | Day | Min | Max | Well |
| 28.02 | Friday | 70.40 | 72.54 | 71.47 |
| 02.03 | Monday | 70.50 | 72.64 | 71.57 |
| 03.03 | Tuesday | 71.94 | 74.14 | 73.04 |
| 04.03 | Wednesday | 72.27 | 74.47 | 73.37 |
| 05.03 | Thursday | 72.84 | 75.06 | 73.95 |
| 06.03 | Friday | 72.61 | 74.83 | 73.72 |
| 10.03 | Tuesday | 72.44 | 74.64 | 73.54 |
| 11.03 | Wednesday | 72.70 | 74.92 | 73.81 |
| 12.03 | Thursday | 72.53 | 74.73 | 73.63 |
| 13.03 | Friday | 72.80 | 75.02 | 73.91 |
| 16.03 | Monday | 72.33 | 74.53 | 73.43 |
| 17.03 | Tuesday | 71.56 | 73.74 | 72.65 |
| 18.03 | Wednesday | 71.27 | 73.45 | 72.36 |
| 19.03 | Thursday | 72.01 | 74.21 | 73.11 |
| 20.03 | Friday | 72.35 | 74.55 | 73.45 |
| 23.03 | Monday | 71.96 | 74.16 | 73.06 |
| 24.03 | Tuesday | 71.04 | 73.20 | 72.12 |
| 25.03 | Wednesday | 70.52 | 72.66 | 71.59 |
| 26.03 | Thursday | 71.70 | 73.88 | 72.79 |
| 27.03 | Friday | 72.69 | 74.91 | 73.80 |
| 30.03 | Monday | 72.94 | 75.16 | 74.05 |
| 31.03 | Tuesday | 72.06 | 74.26 | 73.16 |
| 01.04 | Wednesday | 73.07 | 75.29 | 74.18 |
| 02.04 | Thursday | 73.10 | 75.32 | 74.21 |
The euro exchange rate forecast for Friday, February 28: 71.47 rubles, a maximum of 72.54, a minimum of 70.40. Euro exchange rate forecast for Monday, March 2: 71.57 rubles, maximum 72.64, minimum 70.50. The euro exchange rate forecast for Tuesday, March 3: 73.04 rubles, a maximum of 74.14, a minimum of 71.94. Euro exchange rate forecast for Wednesday, March 4: 73.37 rubles, maximum 74.47, minimum 72.27.
A week later. The euro exchange rate forecast for Thursday, March 5: 73.95 rubles, a maximum of 75.06, a minimum of 72.84. Euro exchange rate forecast for Friday, March 6: 73.72 rubles, maximum 74.83, minimum 72.61. The euro exchange rate forecast for Tuesday, March 10: 73.54 rubles, a maximum of 74.64, a minimum of 72.44. Euro exchange rate forecast for Wednesday, March 11: 73.81 rubles, maximum 74.92, minimum 72.70.
In 2 weeks. The euro exchange rate forecast for Thursday, March 12: 73.63 rubles, a maximum of 74.73, a minimum of 72.53. Euro exchange rate forecast for Friday, March 13: 73.91 rubles, maximum 75.02, minimum 72.80. The euro exchange rate forecast for Monday, March 16: 73.43 rubles, a maximum of 74.53, a minimum of 72.33. Euro exchange rate forecast for Tuesday, March 17: 72.65 rubles, maximum 73.74, minimum 71.56. The euro exchange rate forecast for Wednesday, March 18: 72.36 rubles, a maximum of 73.45, a minimum of 71.27.
In 3 weeks. Euro exchange rate forecast for Thursday, March 19: 73.11 rubles, maximum 74.21, minimum 72.01. The euro exchange rate forecast for Friday, March 20: 73.45 rubles, a maximum of 74.55, a minimum of 72.35. Euro exchange rate forecast for Monday, March 23: 73.06 rubles, maximum 74.16, minimum 71.96. The euro exchange rate forecast for Tuesday, March 24: 72.12 rubles, a maximum of 73.20, a minimum of 71.04. Euro exchange rate forecast for Wednesday, March 25: 71.59 rubles, maximum 72.66, minimum 70.52.
After 4 weeks. The euro exchange rate forecast for Thursday, March 26: 72.79 rubles, a maximum of 73.88, a minimum of 71.70. Euro exchange rate forecast for Friday, March 27: 73.80 rubles, maximum 74.91, minimum 72.69. The euro exchange rate forecast for Monday, March 30th: 74.05 rubles, maximum 75.16, minimum 72.94. Euro exchange rate forecast for Tuesday, March 31: 73.16 rubles, maximum 74.26, minimum 72.06.
Euro exchange rate forecast for 2020, 2021, 2022, 2023 and 2024.
| Month | open | Min-Max | Close | Month,% | Total,% |
| 2020 | |||||
| Feb | 70.97 | 67.77-72.57 | 71.47 | 0.7% | 0.7% |
| Mar | 71.47 | 70.59-72.75 | 71.67 | 0.3% | 1.0% |
| Apr | 71.67 | 71.67-74.33 | 73.23 | 2.2% | 3.2% |
| May | 73.23 | 70.63-73.23 | 71.71 | -2.1% | 1.0% |
| Jun | 71.71 | 70.08-72.22 | 71.15 | -0.8% | 0.3% |
| Jul | 71.15 | 70.57-72.71 | 71.64 | 0.7% | 0.9% |
| Aug | 71.64 | 68.45-71.64 | 69.49 | -3.0% | -2.1% |
| sen | 69.49 | 69.49-72.64 | 71.57 | 3.0% | 0.8% |
| Oct | 71.57 | 69.23-71.57 | 70.28 | -1.8% | -1.0% |
| But I | 70.28 | 67.73-70.28 | 68.76 | -2.2% | -3.1% |
| Dec | 68.76 | 68.53-70.61 | 69.57 | 1.2% | -2.0% |
| 2021 | |||||
| Jan | 69.57 | 67.40-69.57 | 68.43 | -1.6% | -3.6% |
| Feb | 68.43 | 66.27-68.43 | 67.28 | -1.7% | -5.2% |
| Mar | 67.28 | 66.28-68.30 | 67.29 | 0.0% | -5.2% |
| Apr | 67.29 | 65.41-67.41 | 66.41 | -1.3% | -6.4% |
| May | 66.41 | 66.41-68.79 | 67.77 | 2.0% | -4.5% |
| Jun | 67.77 | 65.24-67.77 | 66.23 | -2.3% | -6.7% |
| Jul | 66.23 | 63.37-66.23 | 64.33 | -2.9% | -9.4% |
| Aug | 64.33 | 64.33-67.25 | 66.26 | 3.0% | -6.6% |
| sen | 66.26 | 64.87-66.85 | 65.86 | -0.6% | -7.2% |
| Oct | 65.86 | 65.31-67.29 | 66.30 | 0.7% | -6.6% |
| But I | 66.30 | 63.35-66.30 | 64.31 | -3.0% | -9.4% |
| Dec | 64.31 | 64.31-67.23 | 66.24 | 3.0% | -6.7% |
| 2022 | |||||
| Jan | 66.24 | 66.24-68.89 | 67.87 | 2.5% | -4.4% |
| Feb | 67.87 | 65.82-67.87 | 66.82 | -1.5% | -5.8% |
| Month | open | Min-Max | Close | Month,% | Total,% |
| 2022 Sequel | |||||
| Mar | 66.82 | 66.39-68.41 | 67.40 | 0.9% | -5.0% |
| Apr | 67.40 | 66.01-68.03 | 67.02 | -0.6% | -5.6% |
| May | 67.02 | 67.02-69.69 | 68.66 | 2.4% | -3.3% |
| Jun | 68.66 | 67.61-69.67 | 68.64 | 0.0% | -3.3% |
| Jul | 68.64 | 66.47-68.64 | 67.48 | -1.7% | -4.9% |
| Aug | 67.48 | 64.87-67.48 | 65.86 | -2.4% | -7.2% |
| sen | 65.86 | 65.86-68.86 | 67.84 | 3.0% | -4.4% |
| Oct | 67.84 | 67.84-70.93 | 69.88 | 3.0% | -1.5% |
| But I | 69.88 | 69.88-72.64 | 71.57 | 2.4% | 0.8% |
| Dec | 71.57 | 71.57-74.83 | 73.72 | 3.0% | 3.9% |
| 2023 | |||||
| Jan | 73.72 | 70.62-73.72 | 71.70 | -2.7% | 1.0% |
| Feb | 71.70 | 68.51-71.70 | 69.55 | -3.0% | -2.0% |
| Mar | 69.55 | 69.01-71.11 | 70.06 | 0.7% | -1.3% |
| Apr | 70.06 | 66.94-70.06 | 67.96 | -3.0% | -4.2% |
| May | 67.96 | 65.32-67.96 | 66.31 | -2.4% | -6.6% |
| Jun | 66.31 | 64.26-66.31 | 65.24 | -1.6% | -8.1% |
| Jul | 65.24 | 62.33-65.24 | 63.28 | -3.0% | -10.8% |
| Aug | 63.28 | 61.67-63.55 | 62.61 | -1.1% | -11.8% |
| sen | 62.61 | 62.61-65.46 | 64.49 | 3.0% | -9.1% |
| Oct | 64.49 | 61.62-64.49 | 62.56 | -3.0% | -11.9% |
| But I | 62.56 | 61.79-63.67 | 62.73 | 0.3% | -11.6% |
| Dec | 62.73 | 60.09-62.73 | 61.00 | -2.8% | -14.0% |
| 2024 | |||||
| Jan | 61.00 | 58.28-61.00 | 59.17 | -3.0% | -16.6% |
| Feb | 59.17 | 58.32-60.10 | 59.21 | 0.1% | -16.6% |
| Mar | 59.21 | 59.21-61.90 | 60.99 | 3.0% | -14.1% |
Euro exchange rate forecast for February 2020.
The course at the beginning of the month is 70.97 rubles. The maximum rate is 72.57, the minimum is 67.77. The average exchange rate for the month is 70.70. The euro exchange rate forecast at the end of the month is 71.47, the change for February is 0.7%.
Euro exchange rate forecast for March 2020.
The course at the beginning of the month is 71.47 rubles. The maximum rate is 72.75, the minimum is 70.59. The average exchange rate for the month is 71.62. The euro exchange rate forecast at the end of the month is 71.67, the change for March is 0.3%.
Euro exchange rate forecast for April 2020.
The course at the beginning of the month is 71.67 rubles. The maximum rate is 74.33, the minimum is 71.67. The average exchange rate for the month is 72.73. The euro exchange rate forecast at the end of the month is 73.23, the change for April is 2.2%.
Euro exchange rate forecast for May 2020.
The course at the beginning of the month is 73.23 rubles. The maximum rate is 73.23, the minimum is 70.63. The average exchange rate for the month is 72.20. Forecast of the euro at the end of the month 71.71, change for May -2.1%.
Euro exchange rate forecast for June 2020.
The course at the beginning of the month is 71.71 rubles. The maximum rate is 72.22, the minimum is 70.08. The average exchange rate for the month is 71.29. Euro rate forecast at the end of the month 71.15, change for June -0.8%.
Euro exchange rate forecast for July 2020.
The course at the beginning of the month is 71.15 rubles. The maximum rate is 72.71, the minimum is 70.57. The average exchange rate for the month is 71.52. The euro exchange rate forecast at the end of the month is 71.64, the change for July is 0.7%.
Euro exchange rate forecast for August 2020.
The course at the beginning of the month is 71.64 rubles. The maximum rate is 71.64, the minimum is 68.45. The average exchange rate for the month is 70.31. Forecast of the euro at the end of the month 69.49, change for August -3.0%.
Euro exchange rate forecast for September 2020.
The course at the beginning of the month is 69.49 rubles. The maximum rate is 72.64, the minimum is 69.49. The average exchange rate for the month is 70.80. The forecast for the euro at the end of the month is 71.57, the change for September is 3.0%.
Euro exchange rate forecast for October 2020.
The course at the beginning of the month is 71.57 rubles. The maximum rate is 71.57, the minimum is 69.23. The average exchange rate for the month is 70.66. Forecast of the euro at the end of the month 70.28, change for October -1.8%.
Euro exchange rate forecast for November 2020.
The course at the beginning of the month is 70.28 rubles. The maximum rate is 70.28, the minimum is 67.73. The average exchange rate for the month is 69.26. Euro rate forecast at the end of the month 68.76, change for November -2.2%.
Euro exchange rate forecast for December 2020.
The course at the beginning of the month is 68.76 rubles. The maximum rate is 70.61, the minimum is 68.53. The average exchange rate for the month is 69.37. The euro exchange rate forecast at the end of the month is 69.57, the change for December is 1.2%.
Euro exchange rate forecast for January 2021.
The course at the beginning of the month is 69.57 rubles. The maximum rate is 69.57, the minimum is 67.40. The average exchange rate for the month is 68.74. The euro exchange rate forecast at the end of the month is 68.43, the change for January is -1.6%.
Euro exchange rate forecast for February 2021.
The course at the beginning of the month is 68.43 rubles. The maximum rate is 68.43, the minimum is 66.27. The average exchange rate for the month is 67.60. The forecast for the euro at the end of the month is 67.28, the change for February is -1.7%.
Euro exchange rate forecast for March 2021.
The course at the beginning of the month is 67.28 rubles. The maximum rate is 68.30, the minimum is 66.28. The average exchange rate for the month is 67.29. Euro exchange rate forecast at the end of the month 67.29, change for March 0.0%.
Euro exchange rate forecast for April 2021.
The course at the beginning of the month is 67.29 rubles. The maximum rate is 67.41, the minimum is 65.41. The average exchange rate for the month is 66.63. Forecast of the euro at the end of the month 66.41, change for April -1.3%.
Euro exchange rate forecast for May 2021.
The course at the beginning of the month is 66.41 rubles. The maximum rate is 68.79, the minimum is 66.41. The average exchange rate for the month is 67.35. The euro exchange rate forecast at the end of the month is 67.77, the change for May is 2.0%.
Euro exchange rate forecast for June 2021.
The course at the beginning of the month is 67.77 rubles. The maximum rate is 67.77, the minimum is 65.24. The average exchange rate for the month is 66.75. Euro rate forecast at the end of the month 66.23, change for June -2.3%.
Euro exchange rate forecast for July 2021.
The course at the beginning of the month is 66.23 rubles. The maximum rate is 66.23, the minimum is 63.37. The average exchange rate for the month is 65.04. Forecast of the euro at the end of the month 64.33, change for July -2.9%.
Euro exchange rate forecast for August 2021.
The course at the beginning of the month is 64.33 rubles. The maximum rate is 67.25, the minimum is 64.33. The average exchange rate for the month is 65.54. The euro exchange rate forecast at the end of the month is 66.26, the change for August is 3.0%.
Euro exchange rate forecast for September 2021.
The course at the beginning of the month is 66.26 rubles. The maximum rate is 66.85, the minimum is 64.87. The average exchange rate for the month is 65.96. The euro exchange rate forecast at the end of the month is 65.86, the change for September is -0.6%.
Euro exchange rate forecast for October 2021.
The course at the beginning of the month is 65.86 rubles. The maximum rate is 67.29, the minimum is 65.31. The average exchange rate for the month is 66.19. The euro exchange rate forecast at the end of the month is 66.30, the change for October is 0.7%.
Euro exchange rate forecast for November 2021.
The course at the beginning of the month is 66.30 rubles. The maximum rate is 66.30, the minimum is 63.35. The average exchange rate for the month is 65.07. Forecast of the euro at the end of the month 64.31, change for November -3.0%.
Euro exchange rate forecast for December 2021.
The course at the beginning of the month is 64.31 rubles. The maximum rate is 67.23, the minimum is 64.31. The average exchange rate for the month is 65.52. The euro exchange rate forecast at the end of the month is 66.24, the change for December is 3.0%.
Euro exchange rate forecast for January 2022.
The course at the beginning of the month is 66.24 rubles. The maximum rate is 68.89, the minimum is 66.24. The average exchange rate for the month is 67.31. The euro exchange rate forecast at the end of the month is 67.87, the change for January is 2.5%.
Euro exchange rate forecast for February 2022.
The course at the beginning of the month is 67.87 rubles. The maximum rate is 67.87, the minimum is 65.82. Average exchange rate per month 67.10. The forecast for the euro at the end of the month is 66.82, the change for February is -1.5%.
Euro exchange rate forecast for March 2022.
The course at the beginning of the month is 66.82 rubles. The maximum rate is 68.41, the minimum is 66.39. The average exchange rate for the month is 67.26. The forecast for the euro at the end of the month is 67.40, the change for March is 0.9%.
Euro exchange rate forecast for April 2022.
The course at the beginning of the month is 67.40 rubles. The maximum rate is 68.03, the minimum is 66.01. Average exchange rate per month 67.12. Forecast of the euro at the end of the month 67.02, change for April -0.6%.
Euro exchange rate forecast for May 2022.
The course at the beginning of the month is 67.02 rubles. The maximum rate is 69.69, the minimum is 67.02. The average exchange rate for the month is 68.10. Forecast of the euro at the end of the month 68.66, change for May 2.4%.
Euro exchange rate forecast for June 2022.
The course at the beginning of the month is 68.66 rubles. The maximum rate is 69.67, the minimum is 67.61. The average exchange rate for the month is 68.65. Euro exchange rate forecast at the end of the month 68.64, change for June 0.0%.
Euro exchange rate forecast for July 2022.
The course at the beginning of the month is 68.64 rubles. The maximum rate is 68.64, the minimum is 66.47. The average exchange rate for the month is 67.81. The forecast for the euro at the end of the month is 67.48, the change for July is -1.7%.
Euro exchange rate forecast for August 2022.
The course at the beginning of the month is 67.48 rubles. The maximum rate is 67.48, the minimum is 64.87. The average exchange rate for the month is 66.42. Forecast of the euro at the end of the month 65.86, change for August -2.4%.
Euro exchange rate forecast for September 2022.
The course at the beginning of the month is 65.86 rubles. The maximum rate is 68.86, the minimum is 65.86. Average exchange rate for the month 67.11. The euro exchange rate forecast at the end of the month is 67.84, the change for September is 3.0%.
Euro exchange rate forecast for October 2022.
The course at the beginning of the month is 67.84 rubles. The maximum rate is 70.93, the minimum is 67.84. The average exchange rate for the month is 69.12. The euro exchange rate forecast at the end of the month is 69.88, the change for October is 3.0%.
Euro exchange rate forecast for November 2022.
The course at the beginning of the month is 69.88 rubles. The maximum rate is 72.64, the minimum is 69.88. The average exchange rate for the month is 70.99. The euro exchange rate forecast at the end of the month is 71.57, the change for November is 2.4%.
Euro exchange rate forecast for December 2022.
The course at the beginning of the month is 71.57 rubles. The maximum rate is 74.83, the minimum is 71.57. The average exchange rate for the month is 72.92. The euro exchange rate forecast at the end of the month is 73.72, the change for December is 3.0%.
Euro exchange rate forecast for January 2023.
The course at the beginning of the month is 73.72 rubles. The maximum rate is 73.72, the minimum is 70.62. The average exchange rate for the month is 72.44. The euro exchange rate forecast at the end of the month is 71.70, the change for January is -2.7%.
Euro exchange rate forecast for February 2023.
The course at the beginning of the month is 71.70 rubles. The maximum rate is 71.70, the minimum is 68.51. The average exchange rate for the month is 70.37. The euro exchange rate forecast at the end of the month is 69.55, the change for February is -3.0%.
Euro exchange rate forecast for March 2023.
The course at the beginning of the month is 69.55 rubles. The maximum rate is 71.11, the minimum is 69.01. The average exchange rate for the month is 69.93. The euro exchange rate forecast at the end of the month is 70.06, the change for March is 0.7%.
Euro exchange rate forecast for April 2023.
The course at the beginning of the month is 70.06 rubles. The maximum rate is 70.06, the minimum is 66.94. The average exchange rate for the month is 68.76. Forecast of the euro at the end of the month 67.96, change for April -3.0%.
Euro exchange rate forecast for May 2023.
The course at the beginning of the month is 67.96 rubles. The maximum rate is 67.96, the minimum is 65.32. The average exchange rate for the month is 66.89. Forecast of the euro at the end of the month 66.31, change for May -2.4%.
Euro exchange rate forecast for June 2023.
The course at the beginning of the month is 66.31 rubles. The maximum rate is 66.31, the minimum is 64.26. The average exchange rate for the month is 65.53. Euro rate forecast at the end of the month 65.24, change for June -1.6%.
Euro exchange rate forecast for July 2023.
The course at the beginning of the month is 65.24 rubles. The maximum rate is 65.24, the minimum is 62.33. The average exchange rate for the month is 64.02. Forecast of the euro at the end of the month 63.28, change for July -3.0%.
Euro exchange rate forecast for August 2023.
The course at the beginning of the month is 63.28 rubles. The maximum rate is 63.55, the minimum is 61.67. The average exchange rate for the month is 62.78. Forecast of the euro at the end of the month 62.61, change for August -1.1%.
Euro exchange rate forecast for September 2023.
The course at the beginning of the month is 62.61 rubles. The maximum rate is 65.46, the minimum is 62.61. The average exchange rate for the month is 63.79. The euro exchange rate forecast at the end of the month is 64.49, the change for September is 3.0%.
Euro exchange rate forecast for October 2023.
The course at the beginning of the month is 64.49 rubles. The maximum rate is 64.49, the minimum is 61.62. The average exchange rate for the month is 63.29. The euro exchange rate forecast at the end of the month is 62.56, the change for October is -3.0%.
Euro exchange rate forecast for November 2023.
The course at the beginning of the month is 62.56 rubles. The maximum rate is 63.67, the minimum is 61.79. The average exchange rate for the month is 62.69. The euro exchange rate forecast at the end of the month is 62.73, the change for November is 0.3%.
Euro exchange rate forecast for December 2023.
The course at the beginning of the month is 62.73 rubles. The maximum rate is 62.73, the minimum is 60.09. The average exchange rate for the month is 61.64. Euro rate forecast at the end of the month 61.00, change for December -2.8%.
Euro exchange rate forecast for January 2024.
The course at the beginning of the month is 61.00 rubles. The maximum rate is 61.00, the minimum is 58.28. The average exchange rate for the month is 59.86. The euro exchange rate forecast at the end of the month is 59.17, the change for January is -3.0%.
Euro exchange rate forecast for February 2024.
The course at the beginning of the month is 59.17 rubles. The maximum rate is 60.10, the minimum is 58.32. The average exchange rate for the month is 59.20. Euro exchange rate forecast at the end of the month 59.21, change for February 0.1%.
Euro exchange rate forecast for March 2024.
The course at the beginning of the month is 59.21 rubles. The maximum rate is 61.90, the minimum is 59.21. The average exchange rate for the month is 60.33. The euro exchange rate forecast at the end of the month is 60.99, the change for March is 3.0%.
Here you will always find fresh forecast of the euro and ruble exchange rate. The forecast is updated and refined by APEKON experts on a daily basis, taking into account the latest events and changes in market data.
The key events for the euro against the Russian ruble in the coming weeks occurred on the 20th of October. Almost simultaneously, the European Central Bank and the Bank of Russia considered the issue of the key rates of their economies. The ECB kept the rate at the same level, while the Central Bank of the Russian Federation reduced the value by 0.5 percentage points at once. The forecast of the euro exchange rate for November 2019 from experts allows for a significant strengthening of the ruble in the middle of the month, but by the beginning of December the euro may rise in price.
European base rate Central Bank remained at zero. This decision was made on October 24, when Mario Draghi held his last meeting in the chair of the ECB chairman. The deposit rate was approved at a negative level - minus 0.5% per annum.
As most economists believe, in the future the European Central Bank will reduce negative rate even more noticeable. At one of the following meetings, a value of minus 0.6% may be set. But this is a matter for the future, as long as rates remain at the same level. Mario Draghi did nothing revolutionary in the end.
In the meantime, while maintaining rates at the same level, we should expect a slight weakening of the euro against the dollar. Especially if at the beginning of next week the US Federal Reserve does not decide on a rate cut, the issue of which will also be considered.
The forecast of economists for the cross-rate in the euro/dollar pair is around the 1.1 mark by the end of 2019. As for the euro exchange rate against the ruble, after decisions on the dynamics of rates in Europe and Russia, the most likely scenario is that the euro will steadily trade slightly below 71 rubles.
We should also not forget about the resumption of the quantitative easing program, which the ECB is starting on November 1.
Photo: pixabay.com The European regulator will monthly buy up the assets of the countries participating in the eurozone in the amount of 20 billion euros. The previous similar program was completed just under a year ago. New program should stimulate the eurozone economies to develop and grow.
To implement the program, the European Central Bank has only one way - to include printing press. This will increase money supply and naturally increase inflation. Of course, at the same time, it will remain quite moderate - the ECB's target is 2% per year.
Most likely, we can expect that the euro and the dollar will go in different directions against the ruble in November. Euro due to the policy of the ECB will weaken a little, but the dollar may strengthen. Especially if the Fed does not lower base rate at the end of October.
Euro exchange rate forecast in November 2019
According to preliminary forecasts of experts, the euro exchange rate in November 2019 will tend to decrease until the 20th of the month. However, closer to December, the euro may again strengthen against the ruble, and quite noticeably.
Of course, this forecast, which is presented in the table, is only one of the versions. It will not come true exactly, because too many factors affect exchange rates, including those that cannot be predicted in advance. Unexpected news from the world of economics or politics can significantly change the balance of power between the ruble and the European currency.
| date | Course at the beginning of the day | Course at the end of the day |
| November 1, Friday | 74,04 | 74,73 |
| November 2, Saturday | 71,85 | 71,85 |
| November 3, Sunday | 71,85 | 71,85 |
| November 4, Monday | 71,74 | 72,32 |
| November 5, Tuesday | 72,20 | 72,66 |
| November 6, Wednesday | 72,54 | 72,72 |
| November 7, Thursday | 72,60 | 72,99 |
| November 8, Friday | 72,87 | 72,72 |
| November 9, Saturday | 72,72 | 72,72 |
| November 10, Sunday | 72,72 | 72,72 |
| November 11, Monday | 71,75 | 71,00 |
| November 12, Tuesday | 70,88 | 70,78 |
| November 13, Wednesday | 70,66 | 69,86 |
| November 14, Thursday | 69,74 | 69,93 |
| November 15, Friday | 69,51 | 69,55 |
| November 16, Saturday | 69,55 | 69,55 |
| November 17, Sunday | 69,55 | 69,55 |
| November 18, Monday | 69,06 | 69,10 |
| November 19, Tuesday | 68,98 | 69,29 |
| November 20, Wednesday | 69,17 | 69,40 |
| November 21, Thursday | 69,28 | 69,57 |
| November 22, Friday | 69,45 | 69,86 |
| November 23, Saturday | 69,86 | 69,86 |
| November 24, Sunday | 69,86 | 69,86 |
| November 25, Monday | 70,68 | 71,23 |
| November 26, Tuesday | 71,11 | 71,68 |
| November 27, Wednesday | 71,56 | 72,20 |
| November 28, Thursday | 72,08 | 73,21 |
| November 29, Friday | 73,09 | 73,40 |
| November 30, Saturday | 73,40 | 73,40 |
According to many analysts, November could become one of the key months for the Russian ruble. National currency Russia will either be able to keep its pretty good positions, which it won by autumn, or still not withstand the pressure of negative factors and will sink by the end of the year. Let's look at the forecast of the euro exchange rate in November 2017 in Russia from the experts of the APEKON agency, what will happen to the euro in November.
Euro exchange rate forecast for November 2017
November began with the euro exchange rate of 67.64 rubles. Already on November 3, the euro exchange rate exceeded 68 rubles, and for the period of the November holidays Central Bank Russia was installed official exchange rate euro 68.08 rubles per unit single currency Europe.
For many weeks, the euro looked frankly weaker than the US dollar. While american currency began to rise on expectations of tightening monetary policy in the US, the euro was a little feverish, mainly due to the political crisis in Spain.
By the end of October, the euro-dollar cross-rate reached some stability and found a balance at a level slightly above 1.16.
As for the ruble Russian currency, perhaps got everything she could from those favorable factors that helped her in the fall. The ruble strengthened due to foreign investment who came to Russian bonds federal loan due to the relatively high key rate in Russia. Since October 30, interest in OFZs among foreigners has become noticeably lower. New US sanctions also played a role.
In November Russian Ministry of Finance activates the purchase foreign exchange, for which the super-profits that the country's budget receives due to higher oil prices than prescribed in the budget will be spent. Analysts assure that this should not affect the ruble exchange rate, but it is still worth bearing in mind this fact.
The forecast of the euro exchange rate for November from the experts of the Moscow agency APEKON assumes a fairly stable exchange rate of the European currency in the last autumn month:
- after the November holidays, the euro will open trading November 7 course 68.34 rubles,
- 10th of November the euro will drop to 67.62 rubles,
- 20 November euro will cost 68.41 rubles,
- November 30th the euro exchange rate could be 68.25 rubles.
Thus, by the beginning of December, the euro exchange rate in Russia will be approximately equal to what was established in the first days of November. European currency will experience slight fluctuations during the month, but they will not be critical at all.
