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. The maximum exchange rate in July 2017 will be 68.99, and the minimum 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.
Euro(Eng. Euro) - the official currency of 19 countries of the Eurozone (Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Finland, France, Estonia). Euro is also the national currency of 9 more states, 7 of which are located in Europe. However, unlike the members of the eurozone, these countries cannot influence the monetary policy of the European Union. central bank and send representatives to its governing bodies. Thus, the euro is the single currency for more than 340 million Europeans. As of November 2013 in cash circulation was 951 billion euros, which made this currency the owner of the highest total value of cash circulating around the world, ahead of the US dollar in this indicator.
1 euro is equal to 100 cents (or eurocents). Banknote denominations in circulation: 500, 200, 100, 50, 20, 10 and 5 euros. Coins: 2 and 1 euro, 50, 20, 10, 5, 2 and 1 cents. The name of the currency comes from the word "Europe".
Eurocurrency is printed by central banks that are members of the European System of Central Banks. All issued banknotes have one standard design. On the front side, windows, gates, bridges are depicted as symbols of openness and interconnection. They are made in the form of typical examples of the main styles of European architecture: classical, Romanesque, Gothic, Renaissance, Baroque and Rococo, "metal and glass", Art Nouveau. At the same time, euro banknotes differ in color palette: 500 - purple, 200 - yellow, 100 - green, 50 - orange, 20 - blue, 10 red, and 5 - gray.
Unlike banknotes, the coins have only the front side in common, on which the denomination is placed against the background of the symbolic map of Europe. The reverse side is considered "national" - each issuing central bank has its own for each denomination.
Despite the fact that officially non-cash euros were introduced on January 1, 1999, and cash was issued on January 1, 2002, the history of the single European currency is older. Before the euro appeared, from 1979 to 1998 in the European monetary system the unit of account ECU (ECU, European Currency Unit) was used, which was a conditional basket of national monetary units of a number of countries. Subsequently, the ECU was exchanged for the euro at a one-to-one rate.
Officially, trading in the euro on the international currency market began on January 4, 1999. To save investors from currency risks, quotes national currencies were recorded. Thus, the exchange rate of the German mark was 1.95583 per euro, the French franc - 6.55957, and the Italian lira - 1,936.21. At the same time, the initial exchange rate of the euro against the dollar was determined at about $1.17.
During 1999, the euro quotes steadily declined, eventually reaching the so-called parity - equality of 1 euro and 1 dollar. At the end of September 2000, the European central bank, the US Federal Reserve System, the Bank of Japan, the Bank of England and a number of European banks conducted a joint intervention in support of the single euro currency. However, this did not prevent her from achieving absolute historical low, which amounted to 0.8230 dollars per euro in October 2000.
It was recognized that a further decline in quotations single currency could hurt the European economy. At the same time, by the end of 2000, the US Federal Reserve, in order to cope with the upcoming recession, took a course on easing monetary policy, cutting, in particular, the discount rate to 2%. Since interest rates in Europe turned out to be higher, the euro became more attractive for investment than the dollar. In addition, in 2001, the US economy experienced a shock caused by the September 11 terrorist attacks. By the end of the year, the euro was trading at 0.96 per dollar, and by July 2002 it returned to parity again. Finally more expensive than a dollar he became after December 6 of the same year. And in 2003, it began to grow steadily in price against the backdrop of the US entry into the war in Iraq.
Its initial value of 1.1736, fixed on the first trading day, the rate reached on May 23, 2003, and the absolute maximum - 1.5990 - in 2008. This became possible due to the global financial crisis, which this time originated in financial system U.S.A. Economists believe that the strengthening of the euro was due mainly to the weakness of the US economy, and not to the strength of the European one. This assumption is also supported by the fact that the aggravation of problems in the eurozone subsequently led to a halt in the growth of currency quotes. For the summer of 2011, the euro exchange rate fluctuates between 1.41-1.45 dollars.
Nevertheless, during its existence, the euro confidently took the second place in the world in terms of government reserves. This is due to the fact that the total gross domestic product countries in the eurozone, surpasses even the US GDP, which ranks first in the world.
The euro/dollar currency pair is the most traded on Forex market and financial derivatives - futures. Today, Europe represents a real alternative to the United States in terms of investment opportunities. At the same time, the choice of investors is influenced primarily by the comparison macroeconomic indicators two regions, such as the inflation rate, the prevailing interest rates, GDP, trade balance etc.
At the same time, the biggest problem of the euro area remains the difference in the level of the economies of the member countries. The strongest are Germany, Italy, France. To those experiencing difficulties - Greece, Ireland and a number of others.
For Russian investors The euro is traditionally interesting as an alternative to the US dollar. European currency are used to diversify the risks associated with exchange rates, and as an independent direction of investments - in times of growth in quotations.
In addition, it should be borne in mind that the settlement in the countries - members of the euro area by debit or credit cards it is more profitable to produce in this currency in order to avoid unnecessary conversion.
Constantly monitors euro to ruble exchange rate. Below is a report on the change in the Euro exchange rate during July 2017. You will find information such as Euro cost for each day in July 2017, minimum, maximum and average cost Euro. Price Euro is a market-weighted average (for fiat currencies, the exchange rate of the Central Bank of the Russian Federation is given).
Graph of the change in the Euro against the ruble for July 2017
Below is euro to ruble exchange rate chart for each day for July 2017. Average price Euro calculated as weighted average Euro price on the market. For national currencies, the graph shows the exchange rate of the Central Bank of the Russian Federation.
Euro to ruble exchange rate table in July 2017
Euro to ruble exchange rate table in July 2017 includes the Euro exchange rate for each day and the change in the Euro exchange rate. The change in the value of the currency is calculated as in absolute terms, that is price change Euro in rubles, as well as in relative terms, that is change in the value of the Euro as a percentage.
| Day months | Number of units | Well Euro | Change of course Euro |
|
|---|---|---|---|---|
| RUB | % | |||
| July 1, 2017 | 1 EUR | 67.8072 RUB | – | – | July 4, 2017 | 1 EUR | 67.2016 RUB | −0.6056 | −0.89% |
| July 5, 2017 | 1 EUR | 67.2966 RUB | +0.095 | +0.14% | July 6, 2017 | 1 EUR | 67.6754 RUB | +0.3788 | +0.56% |
| July 7, 2017 | 1 EUR | 68.3814 RUB | +0.706 | +1.04% | July 8, 2017 | 1 EUR | 68.947 RUB | +0.5656 | +0.83% |
| July 11, 2017 | 1 EUR | 68.7737 RUB | −0.1733 | −0.25% | July 12, 2017 | 1 EUR | 69.2007 RUB | +0.427 | +0.62% |
| July 13, 2017 | 1 EUR | 69.4494 RUB | +0.2487 | +0.36% | July 14, 2017 | 1 EUR | 68.8139 RUB | −0.6355 | −0.92% |
| July 15, 2017 | 1 EUR | 68.3597 RUB | −0.4542 | −0.66% | July 18, 2017 | 1 EUR | 67.6184 RUB | −0.7413 | −1.08% |
| July 19, 2017 | 1 EUR | 68.4008 RUB | +0.7824 | +1.16% | July 20, 2017 | 1 EUR | 68.2762 RUB | −0.1246 | −0.18% |
| July 21, 2017 | 1 EUR | 68.0037 RUB | −0.2725 | −0.4% | July 22, 2017 | 1 EUR | 68.6623 RUB | +0.6586 | +0.97% |
| July 25, 2017 | 1 EUR | 69.4708 RUB | +0.8085 | +1.18% | July 26, 2017 | 1 EUR | 69.7005 RUB | +0.2297 | +0.33% |
| July 27, 2017 | 1 EUR | 69.6816 RUB | −0.0189 | −0.03% | July 28, 2017 | 1 EUR | 69.6406 RUB | −0.041 | −0.06% |
| July 29, 2017 | 1 EUR | 69.6779 RUB | +0.0373 | +0.05% |
The minimum, maximum and average exchange rate of the Euro against the ruble in July 2017
The table shows minimum, maximum and average exchange rate of Euro to ruble in rubles in July 2017. For the minimum and maximum rate The date on which this course fell is indicated.
In July 2017 Euro cost in rubles changed in the range from 67.2016 RUB to 69.7005 RUB with an average value of 68.6209 RUB. At the same time, the minimum average daily price per Euro was recorded on July 4 (67.2016 RUB), maximum cost Euro in July 2017 dated July 26 and amounted to 69.7005 RUB. hesitation Euro exchange rate within a month 2.4989 RUB.
Updated on 14.03.2020 19:40What is the euro exchange rate forecast for tomorrow?
Euro exchange rate forecast for tomorrow is 77.14 rub., the minimum rate is 76.06, and the maximum is 78.22 rubles. The current Euro rate is 80.17. Today the rate is down 4.3% compared to yesterday's close at 83.77.
Will the Euro rise or fall in a week?
Euro exchange rate forecast in a week 83.44 rub., minimum 82.27, maximum 84.61 rub. Thus, for a week the Euro exchange rate will increase on 3.27 rub. relative to the exchange rate now at 80.17 rubles. See the table below for a more detailed forecast by day for the week.
What is the Euro exchange rate forecast for March?
Euro exchange rate forecast for March 73.13-91.90, at the end of March 90.63 rub. At the beginning of March, the Euro exchange rate was 73.75, i.e. the monthly change will be +22.9%.
What Euro exchange rate is predicted for April?
Euro exchange rate forecast for April - 94.26 rub. at the end of April, the minimum rate during the month is 89.62, the maximum is 95.58. Monthly change +4.0%.
Euro exchange rate forecast for every day in the table
| date | Day | Min | Well | Max |
| 16.03 | Monday | 76.06 | 77.14 | 78.22 |
| 17.03 | Tuesday | 77.24 | 78.34 | 79.44 |
| 18.03 | Wednesday | 79.21 | 80.33 | 81.45 |
| 19.03 | Thursday | 81.17 | 82.32 | 83.47 |
| 20.03 | Friday | 82.27 | 83.44 | 84.61 |
| 23.03 | Monday | 83.92 | 85.11 | 86.30 |
| 24.03 | Tuesday | 86.41 | 87.64 | 88.87 |
| 25.03 | Wednesday | 86.09 | 87.31 | 88.53 |
| 26.03 | Thursday | 86.17 | 87.39 | 88.61 |
| 27.03 | Friday | 86.53 | 87.76 | 88.99 |
| 30.03 | Monday | 87.19 | 88.43 | 89.67 |
| 31.03 | Tuesday | 89.36 | 90.63 | 91.90 |
| 01.04 | Wednesday | 89.62 | 90.89 | 92.16 |
| 02.04 | Thursday | 89.74 | 91.01 | 92.28 |
| 03.04 | Friday | 91.58 | 92.88 | 94.18 |
| 06.04 | Monday | 91.99 | 93.30 | 94.61 |
| 07.04 | Tuesday | 92.71 | 94.03 | 95.35 |
| 08.04 | Wednesday | 92.42 | 93.73 | 95.04 |
| 09.04 | Thursday | 92.19 | 93.50 | 94.81 |
| 10.04 | Friday | 92.53 | 93.84 | 95.15 |
| 13.04 | Monday | 92.30 | 93.61 | 94.92 |
| 14.04 | Tuesday | 92.64 | 93.96 | 95.28 |
| 15.04 | Wednesday | 92.04 | 93.35 | 94.66 |
| 16.04 | Thursday | 91.06 | 92.35 | 93.64 |
What is the Euro forecast for May?
Euro exchange rate forecast for May is in the range of 94.26-99.32, at the end of May 97.95 rub. Monthly change +3.9%.
What Euro exchange rate is predicted until the end of 2020?
Euro exchange rate forecast for 2020 year: the rate will trade in the range of 89.62-101.48. Price forecast for the end of December 2020 96.87 rub.
What will the Euro rate be like in 2021?
Euro exchange rate forecast for 2021 year: exchange rate at the end of December 2021 - 92.26 rub. And during the year the rate will fluctuate in the range of 87.42-97.23.
Euro exchange rate forecast for 2020, 2021 and 2022
| Month | Start | Min-Max | End | Total,% | |
| 2020 | |||||
| Mar | 73.75 | 73.13-91.90 | 90.63 | +22.9% | |
| Apr | 90.63 | 89.62-95.58 | 94.26 | +27.8% | |
| May | 94.26 | 94.26-99.32 | 97.95 | +32.8% | |
| Jun | 97.95 | 97.95-101.48 | 100.08 | +35.7% | |
| Jul | 100.08 | 96.63-100.08 | 98.00 | +32.9% | |
| Aug | 98.00 | 95.88-98.60 | 97.24 | +31.9% | |
| sen | 97.24 | 96.54-99.28 | 97.91 | +32.8% | |
| Oct | 97.91 | 93.53-97.91 | 94.86 | +28.6% | |
| But I | 94.86 | 94.86-100.03 | 98.65 | +33.8% | |
| Dec | 98.65 | 95.51-98.65 | 96.87 | +31.3% | |
| 2021 | |||||
| Jan | 96.87 | 93.44-96.87 | 94.77 | +28.5% | |
| Feb | 94.77 | 94.55-97.23 | 95.89 | +30.0% | |
| Mar | 95.89 | 93.00-95.89 | 94.32 | +27.9% | |
| Apr | 94.32 | 91.44-94.32 | 92.74 | +25.7% | |
| May | 92.74 | 91.45-94.05 | 92.75 | +25.8% | |
| Jun | 92.75 | 90.26-92.82 | 91.54 | +24.1% | |
| Jul | 91.54 | 91.54-94.72 | 93.41 | +26.7% | |
| Aug | 93.41 | 90.00-93.41 | 91.28 | +23.8% | |
| sen | 91.28 | 87.42-91.28 | 88.66 | +20.2% | |
| Oct | 88.66 | 88.66-93.50 | 92.21 | +25.0% | |
| But I | 92.21 | 90.37-92.93 | 91.65 | +24.3% | |
| Dec | 91.65 | 90.97-93.55 | 92.26 | +25.1% | |
| 2022 | |||||
| Jan | 92.26 | 87.33-92.26 | 88.57 | +20.1% | |
| Feb | 88.57 | 88.57-93.40 | 92.11 | +24.9% | |
| Mar | 92.11 | 92.11-95.70 | 94.38 | +28.0% | |
Currency Forecasts:
The official euro exchange rate of the Central Bank of the Russian Federation in Russia for today, March 16, 2020, 02:15, is 81.861 rub. (1 EUR = 81.861 rubles). The euro exchange rate of the Bank of Russia for tomorrow, March 17, 2020, is set at 81.861 rub. Below on this page you can see a graph of the dynamics of the euro against the Russian ruble (EUR / RUB) for a week, month, quarter, for a year and for all time, find out the exchange rate for a given date, and also find out when, how and why the Central Bank sets the official rate.
Euro exchange rate of the Central Bank of the Russian Federation for today, March 15, 2020 (Sunday): 81.861 rubles.
The official euro exchange rate of the Bank of Russia for today, March 16, 2020, 02:15, is 81.861 rub. Compared to the previous working day, the Central Bank raised the euro in Russia by 0 rubles. (0%).
Euro exchange rate of the Central Bank of the Russian Federation for tomorrow, March 17, 2020 (Tuesday): 81.861 rubles.
The official euro exchange rate of the Bank of Russia for tomorrow, March 17, 2020, is 81.861 rub. Compared to the previous working day, the euro exchange rate has not changed.
Dynamics of the euro exchange rate in Russia - Chart
The minimum value of the euro exchange rate according to the Central Bank of the Russian Federation in 2020 was 67.8162 83.6584 rub. Since the beginning of the year, the euro has weakened by -12.4833 rub. (-15.25%).
The minimum value of the euro exchange rate according to the Central Bank of the Russian Federation for current month was 73.4178 rub., the maximum value - 83.6584 rub. Over the month, the euro fell against the Russian ruble by -8.4432 rub. (-10.31%).
Archive of the euro exchange rate of the Central Bank of the Russian Federation for the selected date
In this table, you can see the dynamics of the euro exchange rate in Russia by day for a given date.
How is the euro exchange rate set in Russia?
Russian ruble - official currency unit RF, according to which settlements between economic entities are carried out. The exchange rate of the ruble against other currencies is set by the Central Bank on a daily basis on business days. The established rate comes into force the next day after the establishment.
The official dollar exchange rate is set by the Central Bank on the basis of quotations of the interbank domestic foreign exchange market on transactions "US dollar - ruble" in accordance with the methodology for determining official rates foreign currencies in relation to the ruble, approved by the order of the Bank of Russia. The official exchange rate of the euro against the ruble is calculated and set by the Bank of Russia on the basis of official exchange rate US dollar against the ruble and euro quotes against the US dollar on the international currency market.
Average monthly euro exchange rate of the Central Bank of the Russian Federation 2018, 2019, 2020
The average exchange rate of the euro according to the Central Bank of the Russian Federation for this year is 70.9081 rubles. The average euro exchange rate for the current month is at the level of 77.6687 rubles.
