Forecast for the growth of the euro exchange rate. Euro exchange rate forecast for the near and distant future. How to find a favorable euro exchange rate
For 2019, the long-term euro exchange rate forecast is calculated based on a variety of fundamental and technical data. Fundamental data includes world news and events, the situation in the Russian Federation and the European Union, the foreign policy situation in the world and much more. Technical data may include the presence of an upward or downward trend in currency pairs and other exchange information. All this allows us to predict the euro exchange rate.
Are there any prerequisites for the growth of the European currency?
This year, the following prerequisites for the growth of the euro currency against the ruble remain:
- sanctions imposed by the United States and the European Union on Russia;
- rising prices for gasoline and diesel fuel;
- reduction in oil and gas supplies for export;
- high inflation observed in the Russian Federation over the past few years;
- the unsatisfactory state of the Russian economy;
- tense situation in Syria.
All of the above factors allow us to confidently say that in the coming years there are all the prerequisites for an increase in the value of the euro. The greatest impact on the ruble exchange rate in the presented list is exerted by sanctions and the situation with oil exports.
The table shows the forecast for changes in Brent oil prices in 2019
Unlike the dollar, making accurate forecasts regarding the European currency is quite difficult. The dollar exchange rate for the coming day can be predicted with high accuracy just a few hours before the opening of the Moscow Currency Exchange. It is even more difficult to make a forecast for the euro currency in the long term, since in this case the value of the currency will depend not only on the situation in Russia, but also on the exchange rate of the European currency against the dollar. However, the forecasts of most experts come true by 60-80%.
The forecast for the euro exchange rate against the dollar depends on the situation in the EU countries, especially on the economic situation in the leading countries of the Eurozone. The political, social and cultural situation in this region is of significant importance. The presence of any problems in just one European country leads to a loss in the value of the euro currency against the dollar and the ruble.
Opinion of Central Bank analysts on the euro exchange rate for 2019
According to analytical experts from the Ministry of Finance and the Central Bank, the exchange rate of the European currency in 2019 will be as unstable as in 2017-2018. At the beginning of 2019, the ruble to euro exchange rate may rise to 85-90 rubles per unit of euro currency, provided that the foreign policy situation in the world does not change.
If the situation in the country and in the world worsens and tensions in Russia’s relations with other countries increase, the figure of 90 rubles per 1 euro is far from the limit.
At the end of 2017, the issue of Britain's exit from the European Union became acute in Europe. If Brexit does happen in 2019, the euro exchange rate against the dollar will fall significantly. This will give a strong reason to reduce the value of the euro and in rubles.
Also, a softening of the euro currency exchange rate may occur in the event of an expected increase in oil prices to $80 per barrel by April 2019.
Forecasts of experts from the Ministry of Economic Development
Experts from the Ministry of Economic Development believe that sharp jumps in the euro exchange rate should not be expected until the end of 2019. The positive result of the elections in France has already had a strengthening effect on the euro currency, and the same should be expected from the elections in Germany. The situation in the Eurozone is calm, relations between the United States and Russia are beginning to improve. Under these conditions, the ruble exchange rate against European currencies should stabilize and not present any negative surprises.
Traders and bankers confidently talk about stable growth in both the euro and the dollar in the coming months. Both currencies are still undervalued, European operations are experiencing high surpluses, Russian banks are also expecting an influx of foreign capital - all these factors will continue to stimulate the appreciation of the euro currency.
Another scenario for the development of events is also possible, in which in the second half of 2019 the rise in prices for the euro currency will stop and during the fall there will be a correction in the form of a slight depreciation of the euro.
Predicted exchange rate of the euro currency according to Sberbank
According to the forecast of Sberbank analysts, presented in the table, in the 2nd quarter of 2019, the euro exchange rate in Russia will decrease slightly. In the fourth quarter, the euro should strengthen its position and by the end of the year fall in price to 71 rubles per unit.
| Month | Direction at the end of the month | Course at the beginning months (from 1-15) | Heading towards the end. months from 15 – 31 |
| January | ▲ will increase | 81,29 | 84,15 +2,86 |
| February | ▲ will increase | 84,15 | 87,75 +3,6 |
| March | ▲ will increase | 87,75 | 89,9 +2,15 |
| April | ▼ will decrease | 89,9 | 85,14 –4,76 |
| May | ▼ will decrease | 85,14 | 81,72 –3,42 |
| June | ▼ will decrease | 81,72 | 79,16 –2,57 |
| July | ▼ will decrease | 79,16 | 78,24 –0,91 |
| August | ▲ will increase | 78,24 | 78,95 +0,71 |
| September | ▼ will decrease | 78,95 | 76,21 –2,74 |
| October | ▼ will decrease | 76,21 | 75,14 –1,07 |
| November | ▼ will decrease | 75,14 | 71,25 –3,89 |
| December | ▼ will decrease | 71,25 | 68,86 –2,39 |
The first three months of 2019 are expected to further increase the value of the euro from 81 to 87 rubles, and over the next 9 months it will drop to 71-72 rubles per euro. This trend should continue until mid-2020. By May 2020, Sberbank predicts a decrease in the value of the euro currency to 62 rubles per euro.
What do independent experts say about the value of the euro?
The opinion of independent experts differs from the opinion of economists in a direction unfavorable for the ruble. Many foreign experts predict an increase in prices for the euro currency up to the level of 100 rubles per euro. This is due to the following reasons:
- The Russian economy is in a state of crisis due to current sanctions and decreased exports of goods (primarily oil).
- The sanctions will not be lifted in the near future, which means that it will not be possible to achieve a rise in the Russian economy.
- One of the options for the development of events: by the end of 2018, the countries of the European Union and the United States will introduce new sanctions against Russia, which will negatively affect the economic condition of the Russian Federation.
Not all independent experts share similar views. Analysts at the credit agency Morgan&Stanley claim that the growth of the euro against the ruble will not exceed 80 rubles. per euro.
Under one scenario, the euro exchange rate against the ruble could fall to 70 rubles per euro by September.
The ruble will also be affected by the dynamics of the euro against the dollar. If the European currency does not rise in price against the American currency, the ruble will still have a chance to rise in value.
In addition, the Russian currency may be influenced by the results of speeches by the head of the European Central Bank and EU finance ministers. If their words convey confidence in the prospects for the European economy, the euro will rise in value again.
And the last factor that may have an impact on the ruble is Russia’s macroeconomic indicators and the decision of the Central Bank of the Russian Federation on the interest rate. Taking into account the current ruble exchange rate and growing inflation risks, the Central Bank will most likely leave the interest rate unchanged, and it will not affect the dynamics of the euro exchange rate in any way.
Macroeconomic indicators for the country will most likely be in different directions. The Russian economy is unstable, and as soon as investors recognize the decline of the Russian economy, the Russian currency may fall sharply in value.
This section of our website is entirely devoted to the analysis of the euro/dollar currency pair. According to well-known world statistics, the EUR/USD pair on Forex is the most popular; as a rule, up to 80% of trading transactions on the market occur with this pair. That's why Forex forecast EUR/USD also the most popular section of our website. Here you will always find high-quality reviews and forecasts of the EUR USD exchange rate for today and tomorrow.
Forex forecast Euro Dollar (EUR/USD) for tomorrow
Through technical analysis of the four-hour euro chart, our specialists can provide traders and investors Forecast Euro Dollar (EUR/USD) not only for today, but also for tomorrow. Analysis of the H4 chart remains relevant the next day; trading levels and targets can also be available within several days. As we can see, recently the pair has been trading within a sideways trend and this makes the Forex forecast reviews for the Euro Dollar (EUR/USD) for tomorrow even more relevant.
EUR USD forecast online
We publish daily analytics on the euro dollar; as part of the reviews, our traders offer the most current trading ideas with open transactions on the price chart. Therefore, we can safely call this format for providing forecasts EUR USD forecast online.
Euro Dollar (EUR/USD) forecast for today
Of course, if a review is made for tomorrow, it remains valid for now and until the end of the current day, unless cancellation levels have 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 EUR/USD forecast and assess the market situation.
Keep in mind that exchange rates set by the central bank do not change on weekends! In the table below you can see the dollar and euro exchange rates for today, tomorrow and the week ahead. If you are interested in the future fate of currencies, follow the news and monitor quotes updates.
| Dollar exchange rate | Euro exchange rate | Ruble's exchange rate | |
|---|---|---|---|
| There will be an official course for 05.14.2019 (we will find out through 1 day 14 hours) |
? | ? | ? |
| Current official rate as of 05/09/2019 the best rates in banks |
65.2287 +1 kop. |
73.0888 +1 kop. |
practically unchanged |
| Register and trade on Forex without investment - you will receive starting capital as a gift! If you trade successfully, you can withdraw your money! |
|||
| Since the last official exchange rate was determined as of 05/09/2019 | dropped a little -7 kopecks |
increased insignificantly +7 kopecks |
practically unchanged (oil during this time: |
| In the last hour | did not change | without changes | did not change |
Current exchange rates on the InstaForex exchange
Monthly dollar and euro exchange rate forecast
| Exchange rate forecast for May | Dollar exchange rate forecast for the week and month | Euro exchange rate forecast for the week and month | |||||
|---|---|---|---|---|---|---|---|
| date | Day of the week | Well | Max. | Min. | Well | Max. | Min. |
| 02.05.2019 | Thursday | 65.20 | 66.18 | 64.22 | 72.71 | 73.80 | 71.62 |
| 03.05.2019 | Friday | 65.96 | 66.95 | 64.97 | 73.10 | 74.20 | 72.00 |
| 06.05.2019 | Monday | 65.80 | 66.79 | 64.81 | 72.70 | 73.79 | 71.61 |
| 07.05.2019 | Tuesday | 65.57 | 66.55 | 64.59 | 72.55 | 73.64 | 71.46 |
| 08.05.2019 | Wednesday | 65.76 | 66.75 | 64.77 | 72.82 | 73.91 | 71.73 |
| 10.05.2019 | Friday | 65.83 | 66.82 | 64.84 | 72.49 | 73.58 | 71.40 |
| 13.05.2019 | Monday | 65.54 | 66.52 | 64.56 | 72.25 | 73.33 | 71.17 |
| 14.05.2019 | Tuesday | 65.26 | 66.24 | 64.28 | 71.83 | 72.91 | 70.75 |
| 15.05.2019 | Wednesday | 65.23 | 66.21 | 64.25 | 71.83 | 72.91 | 70.75 |
| 16.05.2019 | Thursday | 65.01 | 65.99 | 64.03 | 71.84 | 72.92 | 70.76 |
| 17.05.2019 | Friday | 65.34 | 66.32 | 64.36 | 72.09 | 73.17 | 71.01 |
| 20.05.2019 | Monday | 64.72 | 65.69 | 63.75 | 71.47 | 72.54 | 70.40 |
| 21.05.2019 | Tuesday | 64.73 | 65.70 | 63.76 | 71.50 | 72.57 | 70.43 |
| 22.05.2019 | Wednesday | 64.28 | 65.24 | 63.32 | 71.30 | 72.37 | 70.23 |
| 23.05.2019 | Thursday | 64.18 | 65.14 | 63.22 | 71.13 | 72.20 | 70.06 |
| 24.05.2019 | Friday | 64.40 | 65.37 | 63.43 | 71.27 | 72.34 | 70.20 |
| 27.05.2019 | Monday | 64.33 | 65.29 | 63.37 | 71.41 | 72.48 | 70.34 |
| 28.05.2019 | Tuesday | 64.36 | 65.33 | 63.39 | 71.45 | 72.52 | 70.38 |
| 29.05.2019 | Wednesday | 63.93 | 64.89 | 62.97 | 70.87 | 71.93 | 69.81 |
| 30.05.2019 | Thursday | 64.73 | 65.70 | 63.76 | 71.70 | 72.78 | 70.62 |
| 31.05.2019 | Friday | 64.79 | 65.76 | 63.82 | 71.61 | 72.68 | 70.54 |
What determines the dollar exchange rate, factors influencing exchange rates
If you are interested in buying or selling euros or dollars, the exchange rate is an important indicator for you every day. Today, both currencies are showing significant volatility. This is primarily due to political factors.
What affects the exchange rate between the US dollar and the euro:
- decisions made by diplomats within the framework of international cooperation. Yesterday Angela Merkel announced her readiness to reach an agreement with Russia - the euro fell slightly against the ruble. Tomorrow Donald Trump will release a new package of sanctions - the dollar exchange rate will skyrocket. Therefore, if you want to play on the currency exchange or make money by buying/selling currencies, you need to follow political news;
- economic situation in the country and in the world. Yes, even economic changes within Russia affect the position of the ruble, and, accordingly, the exchange rate of foreign currencies to it;
- decisions of the Central Bank. It is known that at the beginning of the aggravation of relations with Europe and the United States, the Central Bank of the Russian Federation tried to balance the jumps in exchange rates against the ruble using its own resources. Today, the volatility of the dollar and euro has decreased slightly, and the system of containment of the Russian banking network played a significant role in this.
Previous rate forecasts
We all remember the times when the dollar exchange rate did not exceed 35 rubles, and the euro remained at the level of 39-45 rubles. Unfortunately or fortunately, these rates have not appeared on display boards in banks and exchange offices for several years. Below is our forecast of exchange rates a few days before the rapid fall of the ruble. This information is presented just like that, as a keepsake...
Dear visitors to the site “Currency Rate Forecast for Tomorrow”, please note that the forecast for the dollar and euro exchange rates is given for informational purposes only and cannot be regarded as a guide to action! We are not responsible for the accuracy of these forecasts, because... exchange rates depend on a huge number of factors and even the most experienced trader, broker, financier (yes, in general, anyone) will not be able to predict the exchange rate for tomorrow, for a week or for a month with 100% accuracy!
Updated 05/11/2019 22:00What is the Euro exchange rate forecast for tomorrow?
The Euro exchange rate forecast for tomorrow is 73.24 rub., the minimum rate is 72.21, and the maximum is 74.27 rubles. The current exchange rate is Euro 73.23. Today the rate has not changed compared to yesterday's closing of the day at 73.23.
Will the Euro rise or fall in a week?
Euro exchange rate forecast in a week 73.50 rub., minimum 72.47, maximum 74.53 rub. Thus, for a week the Euro exchange rate will increase on 0.27 rub. relative to the exchange rate now at 73.23 rubles. For more detailed forecast by day for the week, see the table below.
What is the Euro exchange rate forecast for May?
Euro exchange rate forecast for May 72.21-76.08, at the end of May 74.47 rub. At the beginning of May, the Euro exchange rate was 72.48, i.e. the change for the month will be +2.7%.
What Euro rate is forecast for June?
Euro exchange rate forecast for June - 75.74 R. at the end of June, the minimum rate during the month is 72.33, the maximum is 76.80. Monthly change +1.7%.
Euro exchange rate forecast for each day in the table
| date | Day | Min | Well | Max |
| 13.05 | Monday | 72.21 | 73.24 | 74.27 |
| 14.05 | Tuesday | 72.59 | 73.62 | 74.65 |
| 15.05 | Wednesday | 72.21 | 73.24 | 74.27 |
| 16.05 | Thursday | 72.29 | 73.32 | 74.35 |
| 17.05 | Friday | 72.47 | 73.50 | 74.53 |
| 20.05 | Monday | 72.33 | 73.36 | 74.39 |
| 21.05 | Tuesday | 72.93 | 73.97 | 75.01 |
| 22.05 | Wednesday | 72.95 | 73.99 | 75.03 |
| 23.05 | Thursday | 73.31 | 74.35 | 75.39 |
| 24.05 | Friday | 73.15 | 74.19 | 75.23 |
| 27.05 | Monday | 73.50 | 74.54 | 75.58 |
| 28.05 | Tuesday | 73.59 | 74.63 | 75.67 |
| 29.05 | Wednesday | 73.98 | 75.03 | 76.08 |
| 30.05 | Thursday | 73.58 | 74.62 | 75.66 |
| 31.05 | Friday | 73.43 | 74.47 | 75.51 |
| 03.06 | Monday | 73.70 | 74.75 | 75.80 |
| 04.06 | Tuesday | 73.37 | 74.41 | 75.45 |
| 05.06 | Wednesday | 73.12 | 74.16 | 75.20 |
| 06.06 | Thursday | 72.70 | 73.73 | 74.76 |
| 07.06 | Friday | 72.70 | 73.73 | 74.76 |
| 10.06 | Monday | 72.71 | 73.74 | 74.77 |
| 11.06 | Tuesday | 72.95 | 73.99 | 75.03 |
| 12.06 | Wednesday | 72.33 | 73.36 | 74.39 |
| 13.06 | Thursday | 72.37 | 73.40 | 74.43 |
What is the Euro forecast for July?
Euro exchange rate forecast for July is in the range of 73.46-75.74, at the end of July 74.50 rub. Monthly change -1.6%.
What Euro exchange rate is forecast for the rest of 2019?
Euro exchange rate forecast for 2019 year: the rate will trade in the range of 71.09-76.80. Exchange rate forecast for the end of December 2019 72.10 rub.
What will the Euro exchange rate be in 2020?
Euro exchange rate forecast for 2020 year: rate at the end of December 2020 - 75.40 rub. And throughout the year the rate will fluctuate in the range of 68.98-76.48.
Euro exchange rate forecast for 2019, 2020 and 2021
| Month | Start | Min-Max | End | Total,% | |
| 2019 | |||||
| May | 72.48 | 72.21-76.08 | 74.47 | +2.7% | |
| Jun | 74.47 | 72.33-76.80 | 75.74 | +4.5% | |
| Jul | 75.74 | 73.46-75.74 | 74.50 | +2.8% | |
| Aug | 74.50 | 72.22-74.50 | 73.25 | +1.1% | |
| Sep | 73.25 | 72.23-74.29 | 73.26 | +1.1% | |
| Oct | 73.26 | 71.29-73.31 | 72.30 | -0.2% | |
| But I | 72.30 | 72.30-74.81 | 73.78 | +1.8% | |
| Dec | 73.78 | 71.09-73.78 | 72.10 | -0.5% | |
| 2020 | |||||
| Jan | 72.10 | 69.05-72.10 | 70.03 | -3.4% | |
| Feb | 70.03 | 70.03-73.85 | 72.83 | +0.5% | |
| Mar | 72.83 | 71.38-73.40 | 72.39 | -0.1% | |
| Apr | 72.39 | 71.85-73.89 | 72.87 | +0.5% | |
| May | 72.87 | 68.98-72.87 | 69.96 | -3.5% | |
| Jun | 69.96 | 69.96-73.78 | 72.76 | +0.4% | |
| Jul | 72.76 | 72.76-75.60 | 74.56 | +2.9% | |
| Aug | 74.56 | 72.37-74.56 | 73.40 | +1.3% | |
| Sep | 73.40 | 73.00-75.08 | 74.04 | +2.2% | |
| Oct | 74.04 | 72.59-74.65 | 73.62 | +1.6% | |
| But I | 73.62 | 73.62-76.48 | 75.42 | +4.1% | |
| Dec | 75.42 | 74.34-76.46 | 75.40 | +4.0% | |
| 2021 | |||||
| Jan | 75.40 | 73.08-75.40 | 74.12 | +2.3% | |
| Feb | 74.12 | 71.33-74.12 | 72.34 | -0.2% | |
| Mar | 72.34 | 72.34-76.28 | 75.23 | +3.8% | |
| Apr | 75.23 | 75.23-79.34 | 78.24 | +7.9% | |
| May | 78.24 | 78.24-81.25 | 80.13 | +10.6% | |
2015-2019 Currency Resource - Expert Center. Copying information and materials from the site is prohibited. The Expert Center posts information here for informational purposes and does not assume any responsibility for the use of this information by site visitors and the decisions made or not made by them.
Depends on many factors. It is determined at MICEX trading. According to this information, the official rate set by the euro against the ruble for the next day becomes known approximately always at the same time. This data is used in:
- accounting calculations,
- taxation,
- official calculations.
The decisions of the ECB have a decisive influence on the indicators. It uses the interest rate as the main mechanism for controlling inflation processes and the speed of economic development. In anticipation of its increase, the euro rises against the ruble.
Factors influencing the growth of the euro
The euro exchange rate for tomorrow may change by several points at once. This depends on the demand for the US national currency. Economic news is also important. When investors transfer funds from one currency unit to another, there is an increase or decrease in the price of the currency. It is noted that when demand for the dollar falls, demand for the euro increases. This increases its cost.
Among the factors influencing the exchange rate is the ECB's decision on problem states that are members of the Commonwealth and have large debts. Especially it concerns:
- Portugal,
- Greece,
- Spain,
- some other countries.
All of them rose to a higher level of development through loans.
GNP growth, industrial production and unemployment rate.
Statement by Financial Institution CEOs on the Business Expectations Index. For example, the receipt of information from the manager about the development of ways to stabilize the euro strengthens his position in the foreign exchange market.
Elections and political crises. These points often negatively affect the dynamics of the euro exchange rate due to their uncertainty. Geopolitical confrontations lead to a decrease in the speed of development, so the currencies of all parties to the conflict begin to “sag.”
Why know the euro exchange rate?
Many businessmen, heads of state and municipal entities closely monitor the ratio of the ruble to the euro. Based on this data, analysts make a forecast that allows them not only to make profitable transactions, but also to invest money. The graph shows how the current state of affairs is changing at the present time.
Our service offers to study the purchase or sale of euros at the best prices, as well as. The best offers from presenters are highlighted in yellow. The euro exchange rate online changes in the current time mode. But users can always:
- explore the archive,
- see what changes are happening on the stock exchange,
- make your own forecast.
The observations of leading banks and investment funds are also of great importance. The market's reaction to them may be different, regardless of how reliable the forecasts are.
Knowing the euro to ruble exchange rate is important not only for those who are looking for the most profitable option for investing money or for deciding to take out a loan. This information is useful for political scientists, economists or financiers. At the macroeconomic level, this knowledge makes it possible to fight inflation and reduce interest rates. This promotes production growth and eliminates the consequences of unemployment.
We suggest finding out the euro exchange rate for today in Russia. The information is provided in a convenient table that allows for comparative analysis. All data is provided by banks and exchange offices. If you need to draw up a chart yourself, you can look into the archive yourself and see how the ruble-euro ratio has changed recently.