How much will the euro cost in November? The euro exchange rate will greatly surprise you. When will the ruble fall?
Today I decided to tell you the latest euro forecast for 2017. Currently, the Russian economy is not experiencing the best better times, the financial situation of the state is very unstable.
The country's solvency largely depends on market conditions, or more precisely on the price of black gold. And as we all know, in Lately the price of oil is at a low level. It is for this reason that the Russian economy is not in the most favorable position. European sanctions also had a negative impact on the state's economy.
The economic condition of the state can improve only if the internal/external situation normalizes, the price of oil increases, which will accordingly lead to an increase in prices Russian ruble. And if sanctions are lifted, then this will significantly improve the state’s economy.
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 exchange rates, including the forecast for the euro exchange rate for 2017.
Euro exchange rate forecast for 2017 from the Central Bank
The leadership of the Central Bank stated that a slight reduction in prices can be expected soon national currency, accordingly, the euro will rise against the ruble. But after Brexit, the euro/dollar pair began to show a stable downward trend, that is, the euro has been falling in price against the dollar for six months.
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Let me remind you that many experts predicted that the euro would become cheaper regardless of the referendum decision, which is exactly what happened.
The euro exchange rate forecast for 2017 suggests that euro quotes will fall in the future. So, the euro/dollar pair will be dominated by a downward trend next year.
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 finding out what will happen to the ruble in 2017. Unfortunately, a sharp improvement in the situation in the Russian Federation is not expected in the near future. Many analysts assume that next year the national currency rate will maintain a downward trend.
What is the best way to store currency in 2017?
Due to the fact that next year the domestic currency will become slightly cheaper, many Russian citizens are wondering where to store their savings in 2017. If you cannot choose what is better to buy: dollars or euros, then experienced financiers advise purchasing dollars.
I would like to note that the euro/ruble quotes are influenced by the euro/dollar pair quotes. Credit Suisse Bank, which is located in Switzerland, assures that in 2017 the value of the dollar and euro will be equal. Even if they are not quoted 1:1, the price of the dollar will significantly approach the value of the euro.
The opinion of Morgan Stanley employees is somewhat different from that presented above; they assume that in 2017 the value of the EU currency will be 90 rubles. You should not blindly trust their forecasts, as they are often mistaken and change their forecasts.
Employees of the Ministry of Economic Development assure that an increase in oil prices can lead to stabilization of the Russian economy. And if oil remains 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 actively trades with Russia. If in the future the PRC does not improve its position, this will contribute to a further reduction in the price of black gold, which will accordingly lead to a depreciation of the ruble.
In order to improve the situation in the Reserve Fund, you can take the following measures:
- Reduce expenses.
- Use funds from the Welfare Fund.
- Activate issue financing.
Experienced specialists consider the use of the second point inappropriate, as this will increase the debt. The best option is to reduce costs. Thus, the Russian leadership plans to reduce expenses by 3 trillion rubles in 2017. It is not yet clear what measures will be taken for this.
The most accurate euro exchange rate forecast 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 exchange rate in January 2017 was 73.4, and the minimum was 70.5. The monthly average is 72.2.
February 2017
In the first days of February, the value of the European currency will be 71.6. The maximum exchange rate in February 2017 will be 74.4, and the minimum will be 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 rate value will be 73.3, and the minimum 70.4. The average value for the month of March is 72.1.
April 2017
At the beginning of April 2017, the euro will cost 71.5. The maximum exchange rate will be 71.6, and the minimum 69.5. The average value will be around 70.6.
At the beginning of May 2017, the euro will cost 70.6. The maximum price will be 70.7, and the minimum 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 rate in July 2017 will be 68.99, and the minimum 66.95. The average value of European currency quotes will be around 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 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 of the euro is 71.4. The limit quotes will be 72.08, and the minimum quote will be 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 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. The maximum quotes will be around 71.7, and the minimum 69.3. The average cost in December will be 70.2.
Euro exchange rate now 71.7190 rubles for 1 Euro. Range of changes: 71.1367 - 71.8262. The previous day's rate: 71.2227. Change: +0.4963 rubles, +0.70%. Reverse rate:
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 |
Euro exchange rate forecast for Friday, February 28th: 71.47 rubles, maximum 72.54, minimum 70.40. Euro exchange rate forecast for Monday, March 2: 71.57 rubles, maximum 72.64, minimum 70.50. Euro exchange rate forecast for Tuesday, March 3rd: 73.04 rubles, maximum 74.14, minimum 71.94. Euro exchange rate forecast for Wednesday, March 4th: 73.37 rubles, maximum 74.47, minimum 72.27.
A week later. Euro exchange rate forecast for Thursday, March 5th: 73.95 rubles, maximum 75.06, minimum 72.84. Euro exchange rate forecast for Friday, March 6th: 73.72 rubles, maximum 74.83, minimum 72.61. Euro exchange rate forecast for Tuesday, March 10th: 73.54 rubles, maximum 74.64, minimum 72.44. Euro exchange rate forecast for Wednesday, March 11th: 73.81 rubles, maximum 74.92, minimum 72.70.
In 2 weeks. Euro exchange rate forecast for Thursday, March 12: 73.63 rubles, maximum 74.73, minimum 72.53. Euro exchange rate forecast for Friday, March 13th: 73.91 rubles, maximum 75.02, minimum 72.80. Euro exchange rate forecast for Monday, March 16th: 73.43 rubles, maximum 74.53, minimum 72.33. Euro exchange rate forecast for Tuesday, March 17th: 72.65 rubles, maximum 73.74, minimum 71.56. Euro exchange rate forecast for Wednesday, March 18th: 72.36 rubles, maximum 73.45, minimum 71.27.
In 3 weeks. Euro exchange rate forecast for Thursday, March 19th: 73.11 rubles, maximum 74.21, minimum 72.01. Euro exchange rate forecast for Friday, March 20th: 73.45 rubles, maximum 74.55, minimum 72.35. Euro exchange rate forecast for Monday, March 23: 73.06 rubles, maximum 74.16, minimum 71.96. Euro exchange rate forecast for Tuesday, March 24th: 72.12 rubles, maximum 73.20, minimum 71.04. Euro exchange rate forecast for Wednesday, March 25: 71.59 rubles, maximum 72.66, minimum 70.52.
In 4 weeks. Euro exchange rate forecast for Thursday, March 26th: 72.79 rubles, maximum 73.88, minimum 71.70. Euro exchange rate forecast for Friday, March 27th: 73.80 rubles, maximum 74.91, minimum 72.69. Euro exchange rate forecast for Monday, March 30th: 74.05 rubles, maximum 75.16, minimum 72.94. Euro exchange rate forecast for Tuesday, March 31st: 73.16 rubles, maximum 74.26, minimum 72.06.
Euro exchange rate forecast for 2020, 2021, 2022, 2023 and 2024.
| Month | Open | Min-Max | Closed | Months,% | 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% |
| Sep | 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% |
| Sep | 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 | Closed | Months,% | Total,% |
| 2022 Continued | |||||
| 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% |
| Sep | 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% |
| Sep | 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 rate at the beginning of the month is 70.97 rubles. The maximum rate is 72.57, the minimum is 67.77. The average rate for the month is 70.70. Forecast for the euro exchange rate at the end of the month is 71.47, change for February 0.7%.
Euro exchange rate forecast for March 2020.
The exchange rate at the beginning of the month is 71.47 rubles. The maximum rate is 72.75, the minimum is 70.59. The average rate for the month is 71.62. Forecast for the euro exchange rate at the end of the month is 71.67, change for March 0.3%.
Euro exchange rate forecast for April 2020.
The exchange rate at the beginning of the month was 71.67 rubles. The maximum rate is 74.33, the minimum is 71.67. The average rate for the month is 72.73. Forecast for the euro exchange rate at the end of the month is 73.23, change for April 2.2%.
Euro exchange rate forecast for May 2020.
The exchange rate at the beginning of the month is 73.23 rubles. The maximum rate is 73.23, the minimum is 70.63. The average rate for the month is 72.20. Forecast for the euro exchange rate at the end of the month is 71.71, change for May -2.1%.
Euro exchange rate forecast for June 2020.
The exchange rate at the beginning of the month was 71.71 rubles. The maximum rate is 72.22, the minimum is 70.08. The average rate for the month is 71.29. Forecast for the euro exchange rate at the end of the month is 71.15, change for June -0.8%.
Euro exchange rate forecast for July 2020.
The exchange rate at the beginning of the month is 71.15 rubles. The maximum rate is 72.71, the minimum is 70.57. The average rate for the month is 71.52. Euro exchange rate forecast at the end of the month 71.64, change for July 0.7%.
Euro exchange rate forecast for August 2020.
The exchange rate at the beginning of the month is 71.64 rubles. The maximum rate is 71.64, the minimum is 68.45. The average rate for the month is 70.31. Euro exchange rate forecast at the end of the month 69.49, change for August -3.0%.
Euro exchange rate forecast for September 2020.
The exchange rate at the beginning of the month is 69.49 rubles. The maximum rate is 72.64, the minimum is 69.49. The average rate for the month is 70.80. Euro exchange rate forecast at the end of the month 71.57, change for September 3.0%.
Euro exchange rate forecast for October 2020.
The exchange rate at the beginning of the month was 71.57 rubles. The maximum rate is 71.57, the minimum is 69.23. The average rate for the month is 70.66. Forecast for the euro exchange rate at the end of the month is 70.28, change for October -1.8%.
Euro exchange rate forecast for November 2020.
The exchange rate at the beginning of the month is 70.28 rubles. The maximum rate is 70.28, the minimum is 67.73. The average rate for the month is 69.26. Forecast for the euro exchange rate at the end of the month is 68.76, change for November -2.2%.
Euro exchange rate forecast for December 2020.
The exchange rate at the beginning of the month is 68.76 rubles. The maximum rate is 70.61, the minimum is 68.53. The average rate for the month is 69.37. Euro exchange rate forecast at the end of the month 69.57, change for December 1.2%.
Euro exchange rate forecast for January 2021.
The exchange rate at the beginning of the month is 69.57 rubles. The maximum rate is 69.57, the minimum is 67.40. The average rate for the month is 68.74. Forecast for the euro exchange rate at the end of the month is 68.43, change for January -1.6%.
Euro exchange rate forecast for February 2021.
The exchange rate at the beginning of the month is 68.43 rubles. The maximum rate is 68.43, the minimum is 66.27. The average rate for the month is 67.60. Forecast for the euro exchange rate at the end of the month is 67.28, change for February -1.7%.
Euro exchange rate forecast for March 2021.
The exchange rate at the beginning of the month is 67.28 rubles. The maximum rate is 68.30, the minimum is 66.28. The average 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 rate at the beginning of the month is 67.29 rubles. The maximum rate is 67.41, the minimum is 65.41. The average rate for the month is 66.63. Forecast for the euro exchange rate at the end of the month is 66.41, change for April -1.3%.
Euro exchange rate forecast for May 2021.
The exchange rate at the beginning of the month is 66.41 rubles. The maximum rate is 68.79, the minimum is 66.41. The average rate for the month is 67.35. Euro exchange rate forecast at the end of the month 67.77, change for May 2.0%.
Euro exchange rate forecast for June 2021.
The exchange rate at the beginning of the month was 67.77 rubles. The maximum rate is 67.77, the minimum is 65.24. The average rate for the month is 66.75. Forecast for the euro exchange rate at the end of the month is 66.23, change for June -2.3%.
Euro exchange rate forecast for July 2021.
The exchange rate at the beginning of the month is 66.23 rubles. The maximum rate is 66.23, the minimum is 63.37. The average rate for the month is 65.04. Forecast for the euro exchange rate at the end of the month is 64.33, change for July -2.9%.
Euro exchange rate forecast for August 2021.
The exchange rate at the beginning of the month is 64.33 rubles. The maximum rate is 67.25, the minimum is 64.33. The average rate for the month is 65.54. Euro exchange rate forecast at the end of the month 66.26, change for August 3.0%.
Euro exchange rate forecast for September 2021.
The exchange rate at the beginning of the month is 66.26 rubles. The maximum rate is 66.85, the minimum is 64.87. The average rate for the month is 65.96. Euro exchange rate forecast at the end of the month 65.86, change for September -0.6%.
Euro exchange rate forecast for October 2021.
The exchange rate at the beginning of the month is 65.86 rubles. The maximum rate is 67.29, the minimum is 65.31. The average rate for the month is 66.19. Euro exchange rate forecast at the end of the month 66.30, change for October 0.7%.
Euro exchange rate forecast for November 2021.
The exchange rate at the beginning of the month is 66.30 rubles. The maximum rate is 66.30, the minimum is 63.35. The average rate for the month is 65.07. Euro exchange rate forecast at the end of the month 64.31, change for November -3.0%.
Euro exchange rate forecast for December 2021.
The exchange rate at the beginning of the month is 64.31 rubles. The maximum rate is 67.23, the minimum is 64.31. The average rate for the month is 65.52. Euro exchange rate forecast at the end of the month 66.24, change for December 3.0%.
Euro exchange rate forecast for January 2022.
The exchange rate at the beginning of the month is 66.24 rubles. The maximum rate is 68.89, the minimum is 66.24. The average rate for the month is 67.31. Forecast for the euro exchange rate at the end of the month is 67.87, change for January is 2.5%.
Euro exchange rate forecast for February 2022.
The exchange rate at the beginning of the month was 67.87 rubles. The maximum rate is 67.87, the minimum is 65.82. The average rate for the month is 67.10. Forecast for the euro exchange rate at the end of the month is 66.82, change for February -1.5%.
Euro exchange rate forecast for March 2022.
The exchange rate at the beginning of the month is 66.82 rubles. The maximum rate is 68.41, the minimum is 66.39. The average rate for the month is 67.26. Forecast for the euro exchange rate at the end of the month is 67.40, change for March 0.9%.
Euro exchange rate forecast for April 2022.
The exchange rate at the beginning of the month is 67.40 rubles. The maximum rate is 68.03, the minimum is 66.01. The average rate for the month is 67.12. Euro exchange rate forecast at the end of the month 67.02, change for April -0.6%.
Euro exchange rate forecast for May 2022.
The exchange rate at the beginning of the month is 67.02 rubles. The maximum rate is 69.69, the minimum is 67.02. The average rate for the month is 68.10. Forecast for the euro exchange rate at the end of the month is 68.66, change for May is 2.4%.
Euro exchange rate forecast for June 2022.
The exchange rate at the beginning of the month is 68.66 rubles. The maximum rate is 69.67, the minimum is 67.61. The average 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 exchange rate at the beginning of the month is 68.64 rubles. The maximum rate is 68.64, the minimum is 66.47. The average rate for the month is 67.81. Forecast for the euro exchange rate at the end of the month is 67.48, change for July -1.7%.
Euro exchange rate forecast for August 2022.
The exchange rate at the beginning of the month is 67.48 rubles. The maximum rate is 67.48, the minimum is 64.87. The average rate for the month is 66.42. Forecast for the euro exchange rate at the end of the month is 65.86, change for August -2.4%.
Euro exchange rate forecast for September 2022.
The exchange rate at the beginning of the month is 65.86 rubles. The maximum rate is 68.86, the minimum is 65.86. The average rate for the month is 67.11. Euro exchange rate forecast at the end of the month 67.84, change for September 3.0%.
Euro exchange rate forecast for October 2022.
The exchange rate at the beginning of the month is 67.84 rubles. The maximum rate is 70.93, the minimum is 67.84. The average rate for the month is 69.12. Euro exchange rate forecast at the end of the month 69.88, change for October 3.0%.
Euro exchange rate forecast for November 2022.
The rate at the beginning of the month is 69.88 rubles. The maximum rate is 72.64, the minimum is 69.88. The average rate for the month is 70.99. Forecast for the euro exchange rate at the end of the month is 71.57, change for November 2.4%.
Euro exchange rate forecast for December 2022.
The exchange rate at the beginning of the month was 71.57 rubles. The maximum rate is 74.83, the minimum is 71.57. The average rate for the month is 72.92. Euro exchange rate forecast at the end of the month 73.72, change for December 3.0%.
Euro exchange rate forecast for January 2023.
The exchange rate at the beginning of the month is 73.72 rubles. The maximum rate is 73.72, the minimum is 70.62. The average rate for the month is 72.44. Forecast for the euro exchange rate at the end of the month is 71.70, change for January -2.7%.
Euro exchange rate forecast for February 2023.
The rate at the beginning of the month is 71.70 rubles. The maximum rate is 71.70, the minimum is 68.51. The average rate for the month is 70.37. Forecast for the euro exchange rate at the end of the month is 69.55, change for February -3.0%.
Euro exchange rate forecast for March 2023.
The rate at the beginning of the month is 69.55 rubles. The maximum rate is 71.11, the minimum is 69.01. The average rate for the month is 69.93. Euro exchange rate forecast at the end of the month 70.06, change for March 0.7%.
Euro exchange rate forecast for April 2023.
The exchange rate at the beginning of the month is 70.06 rubles. The maximum rate is 70.06, the minimum is 66.94. The average rate for the month is 68.76. Forecast for the euro exchange rate at the end of the month is 67.96, change for April -3.0%.
Euro exchange rate forecast for May 2023.
The rate at the beginning of the month is 67.96 rubles. The maximum rate is 67.96, the minimum is 65.32. The average rate for the month is 66.89. Forecast for the euro exchange rate at the end of the month is 66.31, change for May -2.4%.
Euro exchange rate forecast for June 2023.
The exchange rate at the beginning of the month is 66.31 rubles. The maximum rate is 66.31, the minimum is 64.26. The average rate for the month is 65.53. Forecast for the euro exchange rate at the end of the month is 65.24, change for June -1.6%.
Euro exchange rate forecast for July 2023.
The exchange rate at the beginning of the month is 65.24 rubles. The maximum rate is 65.24, the minimum is 62.33. The average rate for the month is 64.02. Forecast for the euro exchange rate at the end of the month is 63.28, change for July -3.0%.
Euro exchange rate forecast for August 2023.
The exchange rate at the beginning of the month is 63.28 rubles. The maximum rate is 63.55, the minimum is 61.67. The average rate for the month is 62.78. Forecast for the euro exchange rate at the end of the month is 62.61, change for August -1.1%.
Euro exchange rate forecast for September 2023.
The exchange rate at the beginning of the month is 62.61 rubles. The maximum rate is 65.46, the minimum is 62.61. The average rate for the month is 63.79. Euro exchange rate forecast at the end of the month 64.49, change for September 3.0%.
Euro exchange rate forecast for October 2023.
The rate at the beginning of the month is 64.49 rubles. The maximum rate is 64.49, the minimum is 61.62. The average rate for the month is 63.29. Euro exchange rate forecast at the end of the month 62.56, change for October -3.0%.
Euro exchange rate forecast for November 2023.
The exchange rate at the beginning of the month is 62.56 rubles. The maximum rate is 63.67, the minimum is 61.79. The average rate for the month is 62.69. Euro exchange rate forecast at the end of the month 62.73, change for November 0.3%.
Euro exchange rate forecast for December 2023.
The exchange rate at the beginning of the month is 62.73 rubles. The maximum rate is 62.73, the minimum is 60.09. The average rate for the month is 61.64. Forecast for the euro exchange rate at the end of the month is 61.00, change for December -2.8%.
Euro exchange rate forecast for January 2024.
The rate at the beginning of the month is 61.00 rubles. The maximum rate is 61.00, the minimum is 58.28. The average rate for the month is 59.86. Forecast for the euro exchange rate at the end of the month is 59.17, change for January -3.0%.
Euro exchange rate forecast for February 2024.
The exchange rate at the beginning of the month is 59.17 rubles. The maximum rate is 60.10, the minimum is 58.32. The average 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 exchange rate at the beginning of the month is 59.21 rubles. The maximum rate is 61.90, the minimum is 59.21. The average rate for the month is 60.33. Euro exchange rate forecast at the end of the month 60.99, change for March 3.0%.
Here you will always find latest forecast for the euro and ruble exchange rate. The forecast is updated and refined by APECON experts daily, taking into account the latest events and changes in market data.
The euro exchange rate forecast for November 2017 is positive for the European currency and not too optimistic for the ruble. It is expected that the ruble/euro exchange rate will begin to decline next month.
Many experts agree that the end of autumn will be marked by a rise in world currencies against the ruble. they seriously declare that the euro will return to the cherished level of 70 rubles per unit in November.
Is there such a possibility at all, given the fact that in recent months the European currency itself has not shown any particular prerequisites for strengthening? Apparently yes, subject to certain conditions.
The approximate forecast for the euro exchange rate for the next month is as follows:
minimum mark – 68 rubles per euro;
the average value of the European currency will be 68.5-69 rubles per unit;
the maximum euro next month is 69.5-70 rubles.
As you can see, the euro is quite different from what we could observe for several months in a row.
Moreover, the dollar exchange rate may strengthen against the ruble if external pressure on the Russian currency is not weakened and there is not strong enough support within the country.
What will the euro exchange rate depend on in November?
So, the forecast for the euro exchange rate in November 2017 depends on several circumstances. First of all, we are talking about a surge in pressure on the Russian ruble.
At the same time, internal factors supporting the currency have weakened and are no longer active. The depreciation of the ruble is due to new sanctions measures that are already being discussed in the United States.
In addition, the Central Bank is planning a new rate cut, which will weaken the ruble but allow the European currency to strengthen.
Even a slight decrease in demand for risky Russian assets or a corrective movement in the oil market will be enough to intensify the downward movement of the ruble.
In November, we expect the global rollback in the euro to end and the European currency to return to continued growth. This increases the chances of the euro that its exchange rate will exceed 70 rubles per unit.
Even, which often rescued the ruble in critical situations, is not able to provide the Russian currency with proper support. This means that in November we expect an inevitable decline in the ruble and an increase in the euro exchange rate.
Most analysts surveyed by InvestFuture predict a significant weakening of the ruble/dollar exchange rate in the autumn months. The key negative factors cited by experts are the expected weakening of demand for oil on world markets, a consistent reduction in the Bank of Russia rate, as well as growing geopolitical tensions and the expansion of anti-Russian sanctions.
In the fall of 2017, experts predict that the dollar/ruble exchange rate will strengthen to 65 rubles per unit of American currency. The euro exchange rate may rise above 72 rubles.
Vadim Pischikov (Algebra Investments): “68 rubles per dollar is a completely correct forecast given the current volatility of the ruble. In principle, for the currency of any developing country, a 10% fluctuation in the exchange rate is very moderate. I cannot say that this is the influence solely of sanctions. Very rapid growth in credit markets , by capital markets, shares in developing countries in the first half of 2017 led to the fact that investors simply decided to take profits in anticipation of the balance sheet reduction at the US Federal Reserve and rebalance their losses. In addition, it was known that Washington was preparing new sanctions at the end of April, but the ruble did not react very much to this."
Yakov Mirkin (Head of the Department of International Capital Markets, IMEMO RAS): " On the one hand, we have long been talking about the fact that the ruble is too heavy, overvalued, does not correspond to such a weak economy, and that for it a rate of 65-66, maybe 70, is more organic. On the other hand, everyone understood that the wave of carry trade was growing from the second half of last year, and as soon as non-residents, who are becoming more and more numerous in percentage terms on the Russian market, feel an increase in risks - and this may indeed be associated with sanctions - then an increase in the export of capital from the country will begin. Of course, sanctions are another factor in the overall global and macroeconomic picture."
“I agree that there is a tense expectation of some kind of shock in the air, but, from my point of view, this could be with equal probability both a correction in the ruble and a correction in the American S&P 500. There is a lot of political passion in the market news feed: fundamental factors have faded into the background,” says a leading analyst Management Company "Horizon" Vladimir Rozhankovsky.
When will the ruble fall?
Rozhankovsky from Horizon Management Company notes that in the summer, no unusual volumes are visible in the dollar/ruble and euro/ruble pairs. In the coming months, the ruble will not leave the range of 59.2-60.8 rubles per dollar, he believes. Meanwhile, the dollar index is already below 94 points, and oil is relatively stable, the analyst points out.
In the absence of cardinal events on the oil market and on the world political arena, from the point of view of technical analysis, the pair may soon move in the trading corridor of 59-60.5 rubles, where significant levels of resistance and support are located, respectively, a trader in the management of operations on the Russian stock exchange believes IR market "Freedom Finance" Vladimir Shumakov.
We are not seeing any particular weakening of the ruble, the dollar/ruble pair remains in the range of 58-60, the maximum of July 11 at 61 is still far away, the analyst also notes "VTB 24 " Alexey Mikheev.
As for the euro/ruble pair, it actually updated the maximum of this year, almost reaching 70, but this is due to the fact that in recent days the euro-dollar pair has reached the highs of the year on the international currency market (the level of 1.16 is shown), Mikheev draws attention.
According to Mikheev from VTB 24, new wave The weakening of the ruble should be expected in the midst of autumn, when, due to seasonal reasons, the demand for oil will fall. In the meantime, time after time, data show a reduction in US oil reserves, which supports its price, he notes. In the fall, the dollar-ruble pair may well rise to 63-65 rubles per dollar, the expert predicts.
Will the dollar soar in winter 2017?
The US Treasury intends to sharply increase the issuance of government debt in the fourth quarter, according to the forecast plan published by the US Treasury Loan Committee.
From October to December, the American budget plans to raise a total of $501 billion on the market with the help of government bonds.
According to the plan, placements in a record volume for 9 years will begin in the second half of October. The Treasury intends to collect almost a quarter of the total amount - $114 billion - in the first two weeks, until October 31. In November, the issue volume will be $243 billion.
The final quarterly figure - more than half a trillion dollars - is “simply mind-blowing,” says analyst Alexey Mikheev: more was raised per quarter only in the 2009 financial year, during the crisis.
The result of these operations will be “the withdrawal of a colossal amount of dollar liquidity from the market,” which will cause “a colossal growth of the dollar,” says Mikheev.
Demand American currency banks - primary dealers of the Fed will present: they are the core buyers of US debt securities at auctions, and also control 73% of the forex market.
“These are the largest banks such as Deutsche Bank Securities Inc., Citigroup, Goldman, Sachs & Co., Merrill Lynch, Morgan Stanley, UBS Securities, etc.,” Mikheev lists.
Almost every person strives to closely monitor exchange rates, realizing how difficult the current situation is. In addition, there are more than enough opportunities to change the situation. What should you expect? Will the changes be good or bad?
Features of the state economy
Currently, the Russian economy is in decline. In this regard, it is difficult for experts and analysts to make reliable forecasts and understand how the situation will develop in November 2017. Experts only agree that you need to keep savings, since the right period for spending has not yet arrived. Professionals take numerous factors into account before making a recommendation regarding investing in multiple types of currencies or holding funds in the Russian ruble.
IN last years The ruble is weakening against the euro. At the same time, in some periods, a slight strengthening can be noted, which, unfortunately, is not sustainable.
To ensure that unnecessary risks to the public are eliminated, the Ministry of Economic Development must provide an official forecast annually. In addition, current data allows you to correctly formulate your budget. Regardless of how relevant and thoughtful the forecast is, you need to be prepared for the fact that existing data may differ from the real situation, because unforeseen factors have not yet been canceled.
How factors can affect the euro exchange rate in November 2017
Experts suggest that the value of the euro will not be stable. In addition, the indicators will still be quite high. It is necessary to take into account the peculiarities of the political situation and the presence of additional sanctions. Depending on how the state develops, the situation may change dramatically.
The state economy is largely influenced by the cost of oil, since the main profit Russian Federation brings the oil region. The introduction of sanctions could lead to a significant reduction in prices for oil and petroleum products. If there are sudden changes in this situation, it is actually difficult to make a forecast.
After Russia faced sanctions, agriculture and industry began to develop successfully in the country. Thanks to this trend, there is an opportunity to guarantee rapid development Agriculture and industry.
What could the course be like?
Without a doubt, it is impossible to say that the euro will return to 60 rubles. However, many experts are confident that the exchange rate may be about 70 rubles per euro. The most important thing is that the forecast for the rise in price of a barrel of oil comes true.
At the same time, there are certain nuances. For example, sanctions on Iran were lifted. This circumstance reduces the possibilities for the ruble to become stronger. Experts are confident that this situation will lead to the exchange rate being stable, but at the same time it would correspond to 80 - 82 rubles per euro.
Analysts are trying to predict possible changes in exchange rates. At the same time, they take into account that the situation can change. Experts understand that any forecasts may turn out to be erroneous, since exchange rates are influenced by numerous factors.
What factors influence the euro exchange rate
It is imperative to understand what factors determine the current euro exchange rate. So, what parameters need to be taken into account?
- The ECB interest rate is one of the most important factors, and it depends only on the decision of the European Union, taking into account problem countries that have significant public debt.
- Spread between ECB and Fed interest rates.
- Differential between interest rates of other national banks.
It is important to understand that the current economic situation is non-standard, as it was influenced by the global crisis, measures taken to stabilize the economy, and the introduction of sanctions against the Russian Federation. Taking into account Russia’s policy towards the world and Ukraine, the cost of oil, there is the possibility of counting on any changes that cannot always be predicted.
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