Currencies - Exchange Rate - Forecast - 2018/2020

TRADING ECONOMICS expects the US dollar to gradually appreciate against other currencies in 2018. We believe the Federal Reserve will continue to increase interest rates faster than other central banks thus making the dollar denominated assets more attractive in terms of yield differential. In addition, the removal of excessive monetary liquidity from financial system is also likely to make stock markets more vulnerable and the return of risk aversion is likely to drive the dollar higher as investors make a flight for safety. TRADING ECONOMICS provides forecasts for major currency exchange rates, forex crosses and crypto currencies based on its analysts expectations and proprietary global macro models. The current forecasts were last revised on January 19 of 2018.


Major Price Day Q1/18 Q2/18 Q3/18 Q4/18
EURUSD 1.23005 0.0030 -0.24% 1.21000 1.19000 1.17000 1.15000
GBPUSD 1.39465 0.0010 -0.07% 1.35000 1.32000 1.30000 1.27000
AUDUSD 0.78220 0.0021 -0.27% 0.78000 0.77000 0.75000 0.74000
NZDUSD 0.72916 0.0046 -0.63% 0.71000 0.70000 0.68000 0.67000
USDJPY 106.95 0.1800 0.17% 112.72 114.79 116.90 119.06
USDCNY 6.33780 0.0045 0.07% 6.50000 6.56000 6.62000 6.68000
USDCHF 0.93506 0.0026 0.27% 0.98000 1.00000 1.01000 1.03000
USDCAD 1.27221 0.0019 0.15% 1.27000 1.29000 1.31000 1.34000
USDMXN 18.6408 0.0308 0.17% 19.3400 19.9000 20.4700 21.0600
USDINR 64.9212 0.0488 -0.08% 64.0900 64.6900 65.3000 65.9100
USDBRL 3.2517 0.0020 0.06% 3.3100 3.4300 3.5500 3.6700
USDRUB 56.4950 0.0716 0.13% 57.9500 59.5000 61.0900 62.7200
DXY 89.93 0.1800 0.20% 92.94 93.86 94.78 95.70
USDKRW 1,079.10 0.6200 -0.06% 1,082.82 1,102.91 1,123.43 1,144.37
USDZAR 11.6814 0.0342 0.29% 12.7700 13.2600 13.7600 14.2800
USDSGD 1.32220 0.0032 0.24% 1.34000 1.35000 1.37000 1.38000
USDHKD 7.82263 0.0016 -0.02% 7.82000 7.82000 7.82000 7.82000

Crypto Price Day Q1/18 Q2/18 Q3/18 Q4/18
BTCUSD 9,866.09 31.1502 -0.31% 11,429.94 9,232.53 7,458.18 6,024.84
ETHUSD 840.47 30.7900 3.80% 963.52 701.70 511.06 372.15
XRPUSD 0.90 0.0091 1.01% 0.93 0.47 0.24 0.12

EUR Cross Price Day Q1/18 Q2/18 Q3/18 Q4/18
EURUSD 1.23005 0.0030 -0.24% 1.21000 1.19000 1.17000 1.15000
EURGBP 0.8820 0.0016 -0.18% 0.8926 0.8954 0.8982 0.9011
EURAUD 1.5725 0.0005 0.03% 1.5439 1.5444 1.5447 1.5453
EURNZD 1.6866 0.0062 0.37% 1.6894 1.6964 1.7031 1.7101
EURJPY 131.57 0.0800 -0.06% 136.01 136.21 136.41 136.62
EURCNY 7.7959 0.0129 -0.17% 7.8413 7.7831 7.7250 7.6668
EURCHF 1.1502 0.0001 -0.01% 1.1802 1.1809 1.1815 1.1823
EURCAD 1.5651 0.0018 -0.11% 1.5268 1.5282 1.5296 1.5309
EURMXN 22.9309 0.0173 -0.08% 23.3458 23.6193 23.8955 24.1761
EURINR 79.79 0.1800 0.23% 77.36 76.79 76.23 75.66
EURBRL 4.0069 0.0071 -0.18% 3.9901 4.0609 4.1327 4.2059
EURRUB 69.50 0.1250 -0.18% 69.93 70.61 71.29 71.98
EURKRW 1,329.88 1.4119 -0.11% 1,307.10 1,309.29 1,311.44 1,313.69
EURIDR 16,867.44 141.8124 0.85% 16,191.15 16,017.74 15,846.03 15,676.12
EURSEK 10.0111 0.0036 0.04% 9.8576 9.8890 9.9197 9.9516
EURSGD 1.6267 0.0006 0.03% 1.6120 1.6026 1.5932 1.5837
EURNOK 9.6826 0.0032 0.03% 9.7037 9.7420 9.7802 9.8193
EURISK 124.85 0.2000 -0.16% 127.42 129.18 130.95 132.75
EURHKD 9.6227 0.0245 -0.25% 9.4437 9.2872 9.1326 8.9808
EURCZK 25.3440 0.0010 0.00% 25.6090 25.6930 25.7751 25.8601
EURDKK 7.4476 0.0001 0.00% 7.4565 7.4640 7.4716 7.4784
EURZAR 14.3714 0.0006 0.00% 15.3914 15.7108 16.0372 16.3700

GBP Cross Price Day Q1/18 Q2/18 Q3/18 Q4/18
GBPUSD 1.39465 0.0010 -0.07% 1.35000 1.32000 1.30000 1.27000
EURGBP 0.8820 0.0016 -0.18% 0.8926 0.8954 0.8982 0.9011
GBPAUD 1.7829 0.0036 0.20% 1.7297 1.7248 1.7198 1.7149
GBPNZD 1.9123 0.0103 0.54% 1.8927 1.8945 1.8962 1.8979
GBPJPY 149.16 0.1560 0.10% 152.38 152.12 151.87 151.62
GBPCNY 8.8391 0.0003 0.00% 8.7848 8.6921 8.6006 8.5087
GBPCHF 1.3040 0.0021 0.16% 1.3222 1.3188 1.3155 1.3121
GBPCAD 1.7744 0.0010 0.05% 1.7105 1.7067 1.7030 1.6990
GBPMXN 25.9950 0.0214 0.08% 26.1549 26.3776 26.6040 26.8308
GBPINR 90.55 0.1200 -0.13% 86.67 85.76 84.87 83.97
GBPBRL 4.5353 0.0131 -0.29% 4.4702 4.5351 4.6011 4.6678
GBPRUB 79.80 0.4574 0.58% 78.34 78.85 79.37 79.88
GBPKRW 1,505.24 1.6206 -0.11% 1,464.38 1,462.19 1,460.09 1,457.95
GBPIDR 19,091.81 139.6374 0.74% 18,139.38 17,888.31 17,642.20 17,397.50
GBPCZK 28.5950 0.1100 0.39% 28.6904 28.6935 28.6967 28.6997
GBPDKK 8.4439 0.0146 0.17% 8.3538 8.3357 8.3185 8.2996
GBPHKD 10.9103 0.0089 -0.08% 10.5800 10.3718 10.1678 9.9670
GBPSGD 1.8443 0.0035 0.19% 1.8060 1.7897 1.7737 1.7576

JPY Cross Price Day Q1/18 Q2/18 Q3/18 Q4/18
USDJPY 106.95 0.1800 0.17% 112.72 114.79 116.90 119.06
EURJPY 131.57 0.0800 -0.06% 136.01 136.21 136.41 136.62
GBPJPY 149.16 0.1560 0.10% 152.38 152.12 151.87 151.62
AUDJPY 83.67 0.0650 -0.08% 88.09 88.20 88.31 88.41
NZDJPY 77.99 0.3310 -0.42% 80.51 80.30 80.10 79.89
CNYJPY 16.7965 0.0473 -0.28% 17.3455 17.5010 17.6586 17.8200
CHFJPY 114.38 0.0650 -0.06% 115.25 115.35 115.45 115.56
CADJPY 84.07 0.0450 0.05% 89.08 89.13 89.18 89.24
MXNJPY 5.7353 0.0020 0.03% 5.8259 5.7670 5.7087 5.6511
INRJPY 1.6477 0.0043 0.26% 1.7581 1.7737 1.7895 1.8057
BRLJPY 32.8566 0.1157 -0.35% 34.0870 33.5429 33.0080 32.4832
RUBJPY 1.8787 0.0065 -0.34% 1.9450 1.9292 1.9135 1.8982
KRWJPY 0.0991 0.0002 0.23% 0.1041 0.1040 0.1040 0.1040
IDRJPY 0.00781 0.0001 -1.36% 0.00840 0.00850 0.00861 0.00872
SGDJPY 80.86 0.0800 -0.10% 84.37 85.00 85.62 86.27
HKDJPY 13.6700 0.0250 0.18% 14.4023 14.6667 14.9369 15.2126

Europe Price Day Q1/18 Q2/18 Q3/18 Q4/18
EURUSD 1.23005 0.0030 -0.24% 1.21000 1.19000 1.17000 1.15000
GBPUSD 1.39465 0.0010 -0.07% 1.35000 1.32000 1.30000 1.27000
USDCHF 0.93506 0.0026 0.27% 0.98000 1.00000 1.01000 1.03000
USDRUB 56.4950 0.0716 0.13% 57.9500 59.5000 61.0900 62.7200
USDTRY 3.7872 0.0039 0.10% 3.8900 3.9900 4.1000 4.2200
USDSEK 8.1369 0.0225 0.28% 8.1800 8.3400 8.5100 8.6800
USDPLN 3.3994 0.0085 0.25% 3.4800 3.5600 3.6400 3.7200
USDNOK 7.8707 0.0177 0.22% 8.0500 8.2200 8.3900 8.5700
USDDKK 6.0541 0.0146 0.24% 6.1900 6.3000 6.4100 6.5200
USDCZK 20.6027 0.0447 0.22% 21.2500 21.6800 22.1100 22.5600
USDRON 3.7737 0.0177 -0.47% 3.8600 3.9400 4.0100 4.0800
USDHUF 254.34 0.5590 0.22% 257.38 262.94 268.61 274.41
USDUAH 27.04 0.0550 0.20% 28.85 29.17 29.50 29.83
USDBYR 2 0.0065 -0.33% 2 2 2 2
USDHRV 6.0326 0.0252 -0.42% 6.2200 6.3500 6.4800 6.6100
USDSRB 95.55 0.3200 -0.33% 98.88 100.85 102.85 104.90
USDBIH 1.5833 0.0023 0.15% 1.6400 1.6800 1.7100 1.7400
USDISK 100.35 0.3800 -0.38% 105.55 108.82 112.18 115.64
USDALL 106.48 0.5600 -0.52% 111.54 113.57 115.64 117.74
USDMKD 49.68 0.2000 -0.40% 51.07 51.96 52.87 53.80
USDMDL 16.6433 0.0383 0.23% 17.1200 17.3000 17.4700 17.6500
USDBGN 1.5867 0.0006 0.04% 1.6400 1.6500 1.6700 1.6800

America Price Day Q1/18 Q2/18 Q3/18 Q4/18
USDCAD 1.27221 0.0019 0.15% 1.27000 1.29000 1.31000 1.34000
USDMXN 18.6408 0.0308 0.17% 19.3400 19.9000 20.4700 21.0600
USDBRL 3.2517 0.0020 0.06% 3.3100 3.4300 3.5500 3.6700
DXY 89.93 0.1800 0.20% 92.94 93.86 94.78 95.70
USDARS 19.9290 0.0420 0.21% 19.1200 19.5800 20.0600 20.5500
USDVEB 24,968.75 0.0000 0.00% 9.98 9.98 9.98 9.98
USDCOP 2,858.00 18.5500 -0.64% 2,916.72 2,978.98 3,042.38 3,107.21
USDCLP 592.10 2.6000 -0.44% 614.65 626.29 638.12 650.18
USDPEN 3.2441 0.0067 -0.21% 3.2500 3.2800 3.3200 3.3500
USDCUC 1.0000 0.0000 0.00% 1.0000 1.0000 1.0000 1.0000
USDDOP 49.2300 0.1100 0.22% 49.6900 50.9600 52.2700 53.6100
USDGTQ 7.3620 0.0020 0.03% 7.3400 7.3400 7.3400 7.3400
USDURY 28.4300 0.0500 -0.18% 28.9600 29.3300 29.7000 30.0700
USDCRC 567.90 0.6000 -0.11% 575.79 586.81 598.00 609.41
USDPAB 1.0000 0.0000 0.00% 1.0000 1.0000 1.0000 1.0000
USDBOB 6.8500 0.0100 -0.15% 6.9000 6.9500 6.9900 7.0400
USDPYG 5,573.00 12.0000 0.22% 5,711.29 5,817.26 5,925.48 6,035.94
USDSVC 8.5757 0.1733 -1.98% 9.0533 9.3674 9.6929 10.0289
USDTTD 6.7104 0.0804 1.21% 6.9200 7.0800 7.2500 7.4300
USDHNL 23.4977 0.0000 0.00% 23.7900 24.0600 24.3300 24.6000
USDJMD 125.18 0.2900 -0.23% 125.21 126.88 128.56 130.28
USDNIO 31.0000 0.0000 0.00% 31.8800 33.0500 34.2600 35.5200
USDHTG 63.84 0.0000 0.00% 65.97 68.41 70.94 73.56
USDBSD 1.0000 0.0000 0.00% 1.0100 1.0100 1.0200 1.0300
USDSRD 7.4300 0.0000 0.00% 7.4800 7.5300 7.5900 7.6400
USDGYD 205.56 0.8300 0.41% 212.06 217.48 223.02 228.71
USDKYD 0.8200 0.0000 0.00% 0.8200 0.8200 0.8200 0.8200

Asia Price Day Q1/18 Q2/18 Q3/18 Q4/18
USDJPY 106.95 0.1800 0.17% 112.72 114.79 116.90 119.06
USDCNY 6.33780 0.0045 0.07% 6.50000 6.56000 6.62000 6.68000
USDINR 64.9212 0.0488 -0.08% 64.0900 64.6900 65.3000 65.9100
USDKRW 1,079.10 0.6200 -0.06% 1,082.82 1,102.91 1,123.43 1,144.37
USDIDR 13,680.00 62.0000 0.46% 13,413.00 13,493.00 13,574.33 13,655.66
USDSAR 3.7500 0.0001 0.00% 3.7500 3.7500 3.7500 3.7500
USDTWD 29.2810 0.0550 0.19% 29.8300 30.1400 30.4600 30.7800
USDIRR 37,210.00 35.0000 0.09% 36,511.00 36,511.00 36,511.00 36,511.00
USDAED 3.6726 0.0002 0.01% 3.6700 3.6700 3.6700 3.6700
USDTHB 31.4600 0.0800 -0.25% 32.1600 32.4100 32.6500 32.9000
USDMYR 3.9150 0.0150 0.38% 3.9900 4.0200 4.0500 4.0800
USDSGD 1.32220 0.0032 0.24% 1.34000 1.35000 1.37000 1.38000
USDILS 3.4920 0.0015 -0.04% 3.4500 3.4900 3.5400 3.5900
USDHKD 7.82263 0.0016 -0.02% 7.82000 7.82000 7.82000 7.82000
USDPHP 51.8590 0.2400 -0.46% 50.8700 51.3900 51.9100 52.4400
USDPKR 110.52 0.0000 0.00% 111.62 112.73 113.86 115.00
USDIQD 1,184.05 0.0000 0.00% 1,202.64 1,221.47 1,240.65 1,260.18
USDKZT 320.41 0.9800 0.31% 334.46 339.34 344.29 349.33
USDQAR 3.6400 0.0000 0.00% 3.7800 3.9300 4.0900 4.2500
USDVND 22,710.00 5.0000 -0.02% 22,709.00 22,709.00 22,709.00 22,709.00
USDBDT 82.84 0.0700 -0.08% 84.81 86.56 88.34 90.16
USDOMR 0.3850 0.0000 0.00% 0.3900 0.3900 0.3900 0.3900
USDAZN 1.6950 0.0000 0.00% 1.7200 1.7800 1.8400 1.9000
USDLKR 155.15 0.0000 0.00% 154.89 155.87 156.87 157.87
USDSYP 515.00 0.0000 0.00% 515.00 515.00 515.00 515.00
USDMMK 1,339.00 10.0000 0.75% 1,360.69 1,382.79 1,405.15 1,427.91
USDUZS 8,166.38 11.3200 -0.14% 9,376.88 10,809.27 12,461.29 14,365.46
USDMOP 8.0430 0.0080 0.10% 8.0400 8.0400 8.0400 8.0400
USDTMT 3.4900 0.0000 0.00% 3.6100 3.7300 3.8500 3.9800
USDLBP 1,512.00 2.0000 0.13% 1,521.12 1,531.25 1,541.52 1,551.95
USDYER 249.45 0.5000 -0.20% 251.45 252.90 254.38 255.85
USDBHD 0.3768 0.0002 0.05% 0.3800 0.3800 0.3800 0.3800
USDAFN 68.85 0.1500 -0.22% 70.18 70.61 71.05 71.49
USDNPR 104.06 0.4500 0.43% 103.66 105.88 108.15 110.46
USDBND 1.3164 0.0052 -0.39% 1.3500 1.3600 1.3700 1.3900
USDKHR 3,983.46 1.4351 0.04% 4,061.83 4,105.63 4,150.23 4,194.84
USDGEL 2.4520 0.0040 0.16% 2.5900 2.6500 2.7100 2.7800
USDKPW 130.00 0.0000 0.00% 130.00 130.00 130.00 130.00
USDMNT 2,392.00 0.0000 0.00% 2,445.17 2,464.57 2,483.98 2,503.63
USDLAK 8,274.00 10.0000 0.12% 8,287.00 8,287.00 8,287.00 8,287.00
USDAMD 479.55 0.1000 0.02% 481.30 481.30 481.30 481.30
USDTJS 8.8186 0.0010 -0.01% 9.1100 9.4100 9.7200 10.0400
USDKGS 67.95 0.0970 0.14% 69.82 70.36 70.90 71.45
USDMVR 15.4200 0.0000 0.00% 15.8300 16.2500 16.6800 17.1300
USDJOD 0.708 0.0007 0.10% 0.720 0.720 0.730 0.740
USDKWD 0.2994 0.0005 -0.17% 0.3000 0.3100 0.3100 0.3100

Australia Price Day Q1/18 Q2/18 Q3/18 Q4/18
AUDUSD 0.78220 0.0021 -0.27% 0.78000 0.77000 0.75000 0.74000
NZDUSD 0.72916 0.0046 -0.63% 0.71000 0.70000 0.68000 0.67000
USDPGK 3.2264 0.0171 -0.53% 3.3400 3.4600 3.5800 3.7000
USDXPF 96.13 0.3800 -0.39% 98.86 100.56 102.29 104.05
USDFJD 2.0298 0.0213 1.06% 2.0600 2.0900 2.1300 2.1700

Africa Price Day Q1/18 Q2/18 Q3/18 Q4/18
USDNGN 305.50 0.5000 -0.16% 366.27 426.56 496.75 578.52
USDZAR 11.6814 0.0342 0.29% 12.7700 13.2600 13.7600 14.2800
USDZMW 9.8000 0.0223 0.23% 10.0500 10.3100 10.5700 10.8400
USDEGP 17.6820 0.0420 0.24% 18.1900 18.6400 19.1100 19.5900
USDDZD 113.78 0.1072 -0.09% 115.30 116.37 117.44 118.51
USDAOA 212.27 2.6740 1.28% 188.00 192.64 197.40 202.28
USDMAD 9.1963 0.0220 -0.24% 9.3500 9.4500 9.5600 9.6600
USDSDG 17.9862 0.0000 0.00% 7.0900 7.1900 7.2800 7.3800
USDKES 101.70 0.3000 0.30% 102.95 102.95 102.95 102.95
USDETB 27.2274 0.0003 0.00% 28.1600 29.1500 30.1600 31.2200
USDTZS 2,247.00 1.0000 -0.04% 2,235.00 2,235.00 2,235.00 2,235.00
USDTND 2.3866 0.0073 -0.30% 2.5200 2.6200 2.7400 2.8500
USDLYD 1.3315 0.0025 0.19% 1.3600 1.3700 1.3800 1.4000
USDGHS 4.4510 0.0218 0.49% 4.7000 4.8700 5.0500 5.2400
USDCDF 1,594.00 0.0000 0.00% 1,633.62 1,697.60 1,764.26 1,833.42
USDUGX 3,650.00 17.0000 0.47% 3,661.84 3,683.68 3,705.88 3,728.09
USDMZN 61.45 0.0500 0.08% 63.55 69.23 75.40 82.12
USDBWP 9.5104 0.0181 0.19% 10.0100 10.2600 10.5200 10.7800
USDXAF 550.90 1.1000 -0.20% 582.57 603.66 625.53 648.18
USDNAD 11.6520 0.0050 -0.04% 12.7600 13.1800 13.6200 14.0700
USDSSP 131.50 0.6735 0.51% 139.55 150.66 162.65 175.61
USDMUR 32.7000 0.1000 0.31% 33.4400 33.9500 34.4600 34.9700
USDMGA 3,125.00 0.0000 0.00% 3,488.23 3,778.67 4,093.59 4,434.58
USDRWF 862.07 0.1300 0.02% 897.06 937.16 979.07 1,022.77
USDGNF 9,000.00 5.0000 -0.06% 9,204.71 9,417.91 9,636.52 9,860.52
USDMRO 351.00 0.0000 0.00% 356.26 359.44 362.61 365.86
USDSLL 7,730.00 0.0000 0.00% 7,838.19 8,030.97 8,228.34 8,431.07
USDXOF 530.16 1.1800 0.22% 574.07 590.59 607.61 625.13
USDMWK 716.23 2.7900 0.39% 721.15 728.92 736.84 744.76
USDERN 15.0000 0.0000 0.00% 15.5600 16.1300 16.7300 17.3500
USDSZL 11.6520 0.0050 -0.04% 12.8000 13.2600 13.7300 14.2200
USDBIF 1,754.20 0.1100 0.01% 1,776.77 1,803.04 1,829.82 1,856.79
USDLSL 11.6398 0.0190 -0.16% 12.8100 13.2800 13.7700 14.2700
USDLRD 129.28 1.0900 0.85% 133.73 141.55 149.84 158.59
USDCVE 89.50 0.0000 0.00% 92.32 93.92 95.54 97.19
USDDJF 176.83 0.0000 0.00% 178.72 180.63 182.56 184.52
USDSCR 12.9230 0.5370 -3.99% 15.0100 16.8100 18.8200 21.0800
USDSOS 575.00 0.0000 0.00% 614.91 657.57 703.23 752.04
USDGMD 47.3500 0.0500 -0.11% 50.5100 53.4300 56.5200 59.7800
USDKMF 399.30 1.2000 0.30% 420.08 429.37 438.87 448.57
USDSTD 19,880.00 0.0000 0.00% 21,166.43 21,934.41 22,730.98 23,556.15

TRADING ECONOMICS forecasts are based on its analysts expectations and proprietary global macro models. We work hard to make sure any information we present is accurate and reliable. However, our forecasts are not recommendations to buy or sell nor we are a registered investment adviser. Moreover, the past performance of our models is not necessarily indicative of future results.