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. 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 April 4 of 2018. Please consider that while TRADING ECONOMICS forecasts are made using our best efforts, they are not investment recommendations.


Major Price Day Q2/18 Q3/18 Q4/18 Q1/19
EURUSD 1.22335 0.0053 -0.43% 1.20872 1.18881 1.16915 1.14985
GBPUSD 1.39535 0.0050 -0.35% 1.38066 1.35535 1.33060 1.30626
AUDUSD 0.76450 0.0027 -0.35% 0.75506 0.74200 0.72916 0.71656
NZDUSD 0.71764 0.0031 -0.42% 0.71432 0.69973 0.68544 0.67151
USDJPY 108.20 0.5450 0.51% 108.07 109.94 111.84 113.77
USDCNY 6.30185 0.0239 0.38% 6.36840 6.43333 6.49890 6.56509
USDCHF 0.97590 0.0015 0.15% 0.97609 0.99382 1.01194 1.03035
USDCAD 1.27790 0.0022 0.17% 1.30760 1.33111 1.35513 1.37953
USDMXN 18.6972 0.1772 0.96% 18.7655 19.2521 19.7496 20.2618
USDINR 66.4812 0.2812 0.42% 65.7859 66.4309 67.0824 67.7404
USDBRL 3.4135 0.0011 0.03% 3.4697 3.5907 3.7161 3.8459
USDRUB 61.9437 0.5666 0.92% 59.2795 60.8109 62.3770 63.9893
DXY 90.69 0.3740 0.41% 92.94 93.86 94.78 95.70
USDKRW 1,068.37 1.7300 -0.16% 1,078.37 1,097.86 1,117.77 1,138.00
USDZAR 12.2207 0.1326 1.10% 12.3268 12.7730 13.2357 13.7151
USDSGD 1.32274 0.0066 0.50% 1.32655 1.33956 1.35270 1.36596
USDHKD 7.84239 0.0015 -0.02% 7.84906 7.84906 7.84906 7.84906

Crypto Price Day Q2/18 Q3/18 Q4/18 Q1/19
BTCUSD 8,914.13 6.5800 -0.07% 5,555.52 4,361.92 3,425.15 2,689.32
ETHUSD 636.81 31.8500 5.26% 385.61 385.61 385.61 385.61
XRPUSD 0.87 0.0141 1.64% 0.50 0.50 0.50 0.50

EUR Cross Price Day Q2/18 Q3/18 Q4/18 Q1/19
EURUSD 1.22335 0.0053 -0.43% 1.20872 1.18881 1.16915 1.14985
EURGBP 0.8768 0.0003 -0.03% 0.8755 0.8771 0.8787 0.8803
EURAUD 1.6002 0.0040 0.25% 1.6008 1.6022 1.6034 1.6047
EURNZD 1.7045 0.0081 0.48% 1.6921 1.6990 1.7057 1.7123
EURJPY 132.37 0.0850 0.06% 130.62 130.69 130.76 130.82
EURCNY 7.7097 0.0118 0.15% 7.6976 7.6480 7.5982 7.5489
EURCHF 1.1940 0.0034 -0.28% 1.1798 1.1815 1.1831 1.1847
EURCAD 1.5634 0.0013 0.08% 1.5805 1.5824 1.5843 1.5863
EURMXN 22.8758 0.1277 0.56% 22.6823 22.8871 23.0903 23.2981
EURINR 81.32 0.0135 -0.02% 79.52 78.97 78.43 77.89
EURBRL 4.1925 0.0109 0.26% 4.1939 4.2687 4.3447 4.4222
EURRUB 75.77 0.4610 0.61% 71.65 72.29 72.93 73.58
EURKRW 1,311.21 3.5144 -0.27% 1,303.45 1,305.15 1,306.84 1,308.54
EURIDR 17,047.20 0.3720 0.00% 16,739.03 16,574.50 16,411.30 16,251.16
EURSEK 10.3792 0.0074 0.07% 10.3639 10.4059 10.4478 10.4907
EURSGD 1.6185 0.0079 0.49% 1.6034 1.5925 1.5815 1.5707
EURNOK 9.6200 0.0163 0.17% 9.6835 9.7301 9.7754 9.8215
EURISK 123.06 0.0669 -0.05% 122.89 124.26 125.64 127.04
EURHKD 9.5946 0.0338 -0.35% 9.4873 9.3311 9.1767 9.0253
EURCZK 25.3965 0.0845 0.33% 25.4085 25.4969 25.5834 25.6729
EURDKK 7.4478 0.0008 0.01% 7.4570 7.4646 7.4722 7.4792
EURZAR 14.9533 0.0979 0.66% 14.8997 15.1846 15.4745 15.7704

GBP Cross Price Day Q2/18 Q3/18 Q4/18 Q1/19
GBPUSD 1.39535 0.0050 -0.35% 1.38066 1.35535 1.33060 1.30626
EURGBP 0.8768 0.0003 -0.03% 0.8755 0.8771 0.8787 0.8803
GBPAUD 1.8251 0.0094 0.51% 1.8286 1.8266 1.8248 1.8230
GBPNZD 1.9440 0.0142 0.74% 1.9328 1.9370 1.9412 1.9453
GBPJPY 150.96 0.2590 0.17% 149.20 149.00 148.81 148.62
GBPCNY 8.7932 0.0363 0.41% 8.7926 8.7194 8.6474 8.5757
GBPCHF 1.3617 0.0019 -0.14% 1.3476 1.3470 1.3465 1.3459
GBPCAD 1.7832 0.0061 0.34% 1.8054 1.8041 1.8031 1.8020
GBPMXN 26.0905 0.1987 0.77% 25.9089 26.0933 26.2788 26.4673
GBPINR 92.75 0.0481 0.05% 90.83 90.04 89.26 88.49
GBPBRL 4.7784 0.0054 0.11% 4.7905 4.8667 4.9447 5.0237
GBPRUB 86.46 0.5109 0.59% 81.85 82.42 83.00 83.59
GBPKRW 1,498.28 0.1789 -0.01% 1,488.87 1,487.98 1,487.30 1,486.53
GBPIDR 19,479.34 50.1735 0.26% 19,120.16 18,896.35 18,677.53 18,461.77
GBPCZK 28.9539 0.0825 0.29% 29.0228 29.0687 29.1163 29.1651
GBPDKK 8.4945 0.0343 0.40% 8.5178 8.5103 8.5041 8.4966
GBPHKD 10.9431 0.0098 -0.09% 10.8369 10.6382 10.4439 10.2529
GBPSGD 1.8460 0.0030 0.17% 1.8315 1.8156 1.7999 1.7843

JPY Cross Price Day Q2/18 Q3/18 Q4/18 Q1/19
USDJPY 108.20 0.5450 0.51% 108.07 109.94 111.84 113.77
EURJPY 132.37 0.0850 0.06% 130.62 130.69 130.76 130.82
GBPJPY 150.96 0.2590 0.17% 149.20 149.00 148.81 148.62
AUDJPY 82.72 0.4250 0.52% 81.60 81.57 81.55 81.52
NZDJPY 77.64 0.1590 0.21% 77.19 76.93 76.66 76.40
CNYJPY 17.1698 0.0226 0.13% 16.9692 17.0886 17.2087 17.3297
CHFJPY 110.86 0.9400 0.86% 110.71 110.62 110.52 110.42
CADJPY 84.67 0.6050 0.72% 82.65 82.59 82.53 82.47
MXNJPY 5.7857 0.0183 -0.32% 5.7588 5.7104 5.6628 5.6151
INRJPY 1.6278 0.0016 0.10% 1.6427 1.6549 1.6672 1.6795
BRLJPY 31.5467 0.1463 -0.46% 31.1458 30.6166 30.0952 29.5826
RUBJPY 1.7462 0.0077 -0.44% 1.8230 1.8078 1.7929 1.7780
KRWJPY 0.1009 0.0003 0.32% 0.1002 0.1001 0.1001 0.1000
IDRJPY 0.00776 0.0000 0.05% 0.00780 0.00789 0.00797 0.00805
SGDJPY 81.76 0.0590 0.07% 81.46 82.07 82.68 83.29
HKDJPY 13.7950 0.0950 0.69% 13.7681 14.0063 14.2486 14.4949

Europe Price Day Q2/18 Q3/18 Q4/18 Q1/19
EURUSD 1.22335 0.0053 -0.43% 1.20872 1.18881 1.16915 1.14985
GBPUSD 1.39535 0.0050 -0.35% 1.38066 1.35535 1.33060 1.30626
USDCHF 0.97590 0.0015 0.15% 0.97609 0.99382 1.01194 1.03035
USDRUB 61.9437 0.5666 0.92% 59.2795 60.8109 62.3770 63.9893
USDTRY 4.0896 0.0140 0.34% 4.1063 4.2100 4.3166 4.4259
USDSEK 8.4822 0.0376 0.45% 8.5743 8.7532 8.9363 9.1236
USDPLN 3.4262 0.0305 0.90% 3.4965 3.5765 3.6585 3.7423
USDNOK 7.8621 0.0414 0.53% 8.0114 8.1847 8.3611 8.5415
USDDKK 6.0875 0.0268 0.44% 6.1693 6.2790 6.3912 6.5045
USDCZK 20.7577 0.1397 0.68% 21.0209 21.4474 21.8821 22.3271
USDRON 3.7927 0.0039 0.10% 3.8678 3.9415 4.0162 4.0925
USDHUF 254.54 1.8130 0.72% 258.62 264.04 269.59 275.26
USDUAH 26.16 0.0000 0.00% 26.63 26.97 27.31 27.65
USDBYR 2 0.0085 -0.42% 2 2 2 2
USDHRV 6.0597 0.0320 0.53% 6.1815 6.3111 6.4437 6.5793
USDSRB 96.12 0.1300 0.14% 98.12 100.15 102.22 104.34
USDBIH 1.5985 0.0099 0.62% 1.6272 1.6620 1.6973 1.7335
USDISK 100.27 0.0300 -0.03% 101.67 104.53 107.46 110.48
USDALL 105.00 0.0800 0.08% 107.86 109.86 111.90 113.99
USDMKD 50.09 0.2300 0.46% 50.80 51.68 52.58 53.50
USDMDL 16.4200 0.0165 0.10% 16.5749 16.7715 16.9713 17.1744
USDBGN 1.5929 0.0016 0.10% 1.6400 1.6500 1.6700 1.6800

America Price Day Q2/18 Q3/18 Q4/18 Q1/19
USDCAD 1.27790 0.0022 0.17% 1.30760 1.33111 1.35513 1.37953
USDMXN 18.6972 0.1772 0.96% 18.7655 19.2521 19.7496 20.2618
USDBRL 3.4135 0.0011 0.03% 3.4697 3.5907 3.7161 3.8459
DXY 90.69 0.3740 0.41% 92.94 93.86 94.78 95.70
USDARS 20.1730 0.0340 0.17% 20.6638 21.1918 21.7318 22.2859
USDVEB 66,853.81 34,488.1300 138.30% 49,415.65 49,415.65 49,415.65 49,415.65
USDCOP 2,760.61 4.5300 0.16% 2,844.03 2,908.54 2,974.73 3,042.03
USDCLP 596.20 0.0000 0.00% 614.30 626.29 638.46 650.93
USDPEN 3.2159 0.0013 0.04% 3.2505 3.2821 3.3139 3.3461
USDCUC 1.0000 0.0000 0.00% 1.0000 1.0000 1.0000 1.0000
USDDOP 49.4100 0.0000 0.00% 50.7091 52.0528 53.4310 54.8488
USDGTQ 7.3900 0.0030 -0.04% 7.3950 7.3950 7.3950 7.3950
USDURY 28.2100 0.0300 0.11% 28.6412 28.9753 29.3150 29.6576
USDCRC 562.50 0.0000 0.00% 573.07 582.71 592.51 602.43
USDPAB 1.0000 0.0000 0.00% 1.0000 1.0000 1.0000 1.0000
USDBOB 6.8600 0.0100 0.15% 6.8925 6.9349 6.9781 7.0213
USDPYG 5,520.00 4.0000 0.07% 5,587.66 5,672.42 5,758.84 5,846.35
USDSVC 8.7495 0.0000 0.00% 9.0700 9.4017 9.7464 10.1025
USDTTD 6.7460 0.0000 0.00% 6.8223 7.0198 7.2234 7.4329
USDHNL 23.5824 0.0000 0.00% 23.7337 23.8964 24.0614 24.2287
USDJMD 123.26 0.0900 -0.07% 125.63 127.12 128.63 130.17
USDNIO 31.1200 0.0000 0.00% 32.1471 33.2414 34.3700 35.5390
USDHTG 64.32 0.3225 -0.50% 65.97 68.12 70.33 72.62
USDBSD 1.0000 0.0000 0.00% 1.0000 1.0000 1.0000 1.0000
USDSRD 7.4300 0.0000 0.00% 7.4857 7.5422 7.5987 7.6551
USDGYD 206.39 1.0000 0.49% 208.57 213.24 218.01 222.91
USDKYD 0.8200 0.0000 0.00% 0.8200 0.8200 0.8200 0.8200

Asia Price Day Q2/18 Q3/18 Q4/18 Q1/19
USDJPY 108.20 0.5450 0.51% 108.07 109.94 111.84 113.77
USDCNY 6.30185 0.0239 0.38% 6.36840 6.43333 6.49890 6.56509
USDINR 66.4812 0.2812 0.42% 65.7859 66.4309 67.0824 67.7404
USDKRW 1,068.37 1.7300 -0.16% 1,078.37 1,097.86 1,117.77 1,138.00
USDIDR 13,890.00 15.0000 0.11% 13,848.53 13,942.07 14,036.98 14,133.26
USDSAR 3.7502 0.0000 0.00% 3.7503 3.7503 3.7503 3.7503
USDTWD 29.5030 0.0520 0.18% 29.4498 29.7125 29.9752 30.2438
USDIRR 42,000.00 0.0000 0.00% 37,820.00 37,820.00 37,820.00 37,820.00
USDAED 3.6726 0.0004 -0.01% 3.6730 3.6730 3.6730 3.6730
USDTHB 31.4600 0.1300 0.41% 31.4822 31.7476 32.0130 32.2815
USDMYR 3.8960 0.0010 0.03% 3.9002 3.9357 3.9713 4.0076
USDSGD 1.32274 0.0066 0.50% 1.32655 1.33956 1.35270 1.36596
USDILS 3.5353 0.0084 0.24% 3.5769 3.6270 3.6778 3.7293
USDHKD 7.84239 0.0015 -0.02% 7.84906 7.84906 7.84906 7.84906
USDPHP 52.1520 0.0230 0.04% 52.6530 53.2363 53.8299 54.4236
USDPKR 115.57 0.0200 0.02% 116.86 118.28 119.72 121.19
USDIQD 1,186.43 0.0000 0.00% 1,202.92 1,219.65 1,236.62 1,253.82
USDKZT 325.71 0.8000 -0.25% 324.11 328.78 333.50 338.33
USDQAR 3.6400 0.0011 -0.03% 3.7827 3.9308 4.0852 4.2453
USDVND 22,769.00 2.0000 -0.01% 22,815.00 22,815.00 22,815.00 22,815.00
USDBDT 84.10 1.1800 1.42% 84.69 86.47 88.28 90.14
USDOMR 0.3850 0.0000 0.00% 0.3850 0.3850 0.3850 0.3850
USDAZN 1.6950 0.0000 0.00% 1.7240 1.7535 1.7835 1.8140
USDLKR 156.30 0.0000 0.00% 156.95 157.90 158.87 159.84
USDSYP 515.00 0.0000 0.00% 515.00 515.00 515.00 515.00
USDMMK 1,322.00 2.0000 0.15% 1,349.47 1,370.20 1,391.33 1,412.73
USDUZS 8,072.26 8.0700 0.10% 9,348.34 10,794.26 12,464.45 14,392.89
USDMOP 8.0690 0.0050 -0.06% 8.0840 8.0840 8.0840 8.0840
USDTMT 3.4900 0.0000 0.00% 3.6066 3.7270 3.8516 3.9800
USDLBP 1,505.00 0.0000 0.00% 1,519.66 1,529.33 1,539.14 1,548.96
USDYER 249.95 0.0000 0.00% 251.35 252.80 254.27 255.75
USDBHD 0.3770 0.0001 -0.03% 0.3771 0.3771 0.3771 0.3771
USDAFN 69.95 0.0500 0.07% 69.69 70.14 70.59 71.04
USDNPR 105.94 0.1500 0.14% 105.25 106.47 107.72 108.98
USDBND 1.3037 0.0000 0.00% 1.3217 1.3334 1.3452 1.3573
USDKHR 4,008.92 11.9260 0.30% 4,036.80 4,074.00 4,111.60 4,149.20
USDGEL 2.4300 0.0000 0.00% 2.4199 2.4688 2.5186 2.5696
USDKPW 130.00 0.0000 0.00% 130.00 130.00 130.00 130.00
USDMNT 2,389.00 0.0000 0.00% 2,403.42 2,421.07 2,438.73 2,456.39
USDLAK 8,279.00 0.0000 0.00% 8,280.00 8,280.00 8,280.00 8,280.00
USDAMD 478.50 0.6800 -0.14% 478.50 478.50 478.50 478.50
USDTJS 8.8620 0.0000 0.00% 9.1025 9.4047 9.7165 10.0399
USDKGS 68.20 0.2000 -0.29% 68.83 69.37 69.91 70.46
USDMVR 15.4200 0.0000 0.00% 15.7901 16.1694 16.5565 16.9543
USDJOD 0.709 0.0003 0.04% 0.720 0.720 0.730 0.740
USDKWD 0.3002 0.0003 0.10% 0.3000 0.3100 0.3100 0.3100

Australia Price Day Q2/18 Q3/18 Q4/18 Q1/19
AUDUSD 0.76450 0.0027 -0.35% 0.75506 0.74200 0.72916 0.71656
NZDUSD 0.71764 0.0031 -0.42% 0.71432 0.69973 0.68544 0.67151
USDPGK 3.2540 0.0000 0.00% 3.3509 3.4508 3.5536 3.6594
USDXPF 96.67 0.1900 0.20% 98.49 100.31 102.16 104.06
USDFJD 2.0385 0.0215 1.07% 2.0704 2.1084 2.1473 2.1869

Africa Price Day Q2/18 Q3/18 Q4/18 Q1/19
USDNGN 305.10 0.0000 0.00% 355.38 413.87 481.98 561.32
USDZAR 12.2207 0.1326 1.10% 12.3268 12.7730 13.2357 13.7151
USDZMW 9.4400 0.0160 -0.17% 9.5912 9.8390 10.0924 10.3533
USDEGP 17.7054 0.0454 0.26% 17.8769 18.0557 18.2362 18.4185
USDDZD 114.02 0.0325 0.03% 114.91 115.95 116.98 118.04
USDAOA 216.31 0.0000 0.00% 222.11 230.41 239.02 247.97
USDMAD 9.2265 0.0275 0.30% 9.3309 9.4388 9.5486 9.6593
USDSDG 18.0512 0.0000 0.00% 21.7445 26.1941 31.5517 38.0086
USDKES 99.85 0.1000 -0.10% 101.00 101.00 101.00 101.00
USDETB 27.2437 0.0000 0.00% 28.1830 29.1582 30.1661 31.2122
USDTZS 2,278.00 0.0000 0.00% 2,260.00 2,260.00 2,260.00 2,260.00
USDTND 2.4546 0.0446 1.85% 2.5366 2.6481 2.7648 2.8865
USDLYD 1.3292 0.0053 0.40% 1.3361 1.3465 1.3568 1.3673
USDGHS 4.4300 0.0000 0.00% 4.5536 4.6967 4.8441 4.9960
USDCDF 1,595.00 0.0000 0.00% 1,654.89 1,718.17 1,783.69 1,851.91
USDUGX 3,692.00 4.6900 0.13% 3,707.85 3,730.69 3,753.91 3,777.13
USDMZN 59.20 0.4900 -0.82% 66.50 72.26 78.51 85.32
USDBWP 9.7220 0.0834 0.87% 9.8286 10.0750 10.3281 10.5870
USDXAF 549.00 0.0000 0.00% 574.71 595.46 616.98 639.22
USDNAD 12.1500 0.0600 0.50% 12.2325 12.6340 13.0485 13.4761
USDSSP 133.78 0.0000 0.00% 134.80 136.56 138.33 140.13
USDMUR 33.4500 0.0000 0.00% 34.0922 34.7479 35.4135 36.0926
USDMGA 3,202.00 0.0000 0.00% 3,468.02 3,740.97 4,035.47 4,353.11
USDRWF 867.04 0.0000 0.00% 911.35 959.57 1,010.29 1,063.78
USDGNF 9,000.00 0.0000 0.00% 9,172.20 9,353.00 9,537.40 9,725.39
USDMRO 353.85 0.8450 0.24% 354.82 357.67 360.52 363.40
USDSLL 7,800.00 0.0000 0.00% 7,959.72 8,143.33 8,331.60 8,524.55
USDXOF 545.21 0.8900 0.16% 545.05 562.64 580.85 599.60
USDMWK 715.30 1.9000 0.27% 725.11 732.29 739.54 746.86
USDERN 15.0000 0.0000 0.00% 15.6540 16.3365 17.0490 17.7915
USDSZL 12.1400 0.0375 0.31% 12.2584 12.6780 13.1106 13.5598
USDBIF 1,757.70 0.0000 0.00% 1,779.18 1,802.71 1,826.42 1,850.65
USDLSL 12.1438 0.0413 0.34% 12.2605 12.6928 13.1416 13.6058
USDLRD 130.58 0.0000 0.00% 139.21 147.29 155.83 164.87
USDCVE 89.79 0.2200 0.25% 91.43 93.05 94.72 96.40
USDDJF 176.83 0.0000 0.00% 178.56 180.31 182.08 183.87
USDSCR 13.4300 0.0000 0.00% 14.9342 16.6062 18.4663 20.5345
USDSOS 575.00 0.0000 0.00% 575.00 575.00 575.00 575.00
USDGMD 47.4500 0.0000 0.00% 49.8458 52.4197 55.1215 57.9655
USDKMF 399.02 2.6600 0.67% 408.49 418.42 428.59 439.00
USDSTD 19,910.00 0.0000 0.00% 20,528.47 21,186.83 21,867.07 22,569.18

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.