The official euro exchange rate of the Central Bank of the Russian Federation in Russia today, September 9, 2019, 19:41, is 72.8883 rub. (1 EUR = 72.8883 rubles). The euro exchange rate of the Bank of Russia for tomorrow, September 10, 2019, is set at 72.33 rub. Below on this page you can see a graph of the dynamics of the euro exchange rate to the Russian ruble (EUR/RUB) for a week, a month, a quarter, for a year and for all time, find out the exchange rate for given date, and also find out when, how and why the Central Bank sets the official exchange rate.
Euro exchange rate of the Central Bank of the Russian Federation for today, September 9, 2019 (Monday): 72.8883 rubles.
The official euro exchange rate of the Bank of Russia for today, September 9, 2019, 19:41, is 72.8883 rub. Compared to the previous working day, the Central Bank increased the euro exchange rate in Russia by 0 rub. (0%).
Euro exchange rate of the Central Bank of the Russian Federation for tomorrow, September 10, 2019 (Tuesday): 72.33 rubles.
The official euro exchange rate of the Bank of Russia for tomorrow, September 10, 2019, is 72.33 rub. Compared to the previous working day, the euro exchange rate was reduced by -0.5583 rub. (-0.77%).
Euro exchange rate dynamics in Russia - Graph
Minimum value The euro exchange rate according to the Central Bank of the Russian Federation in 2019 was 70.294 77.2105 rub. Since the beginning of the year, the euro exchange rate has strengthened by 4.0183 rub. (5.51%).
The minimum value of the euro exchange rate according to the Central Bank of the Russian Federation for the current month was 72.33 rub., maximum value - 73.2032 rub. Over the month, the euro rose against the Russian ruble by 0.2843 rub. (0.39%).
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 Russian Federation, through which payments are made between economic entities. The exchange rate of the ruble against other currencies is set by the Central Bank daily on weekdays. The established rate comes into force on the day after it is established.
The official dollar exchange rate is set by the Central Bank on the basis of quotations on the interbank domestic foreign exchange market for transactions "US dollar - ruble" in accordance with the methodology for determining official exchange rates foreign currencies in relation to the ruble, approved by 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 based on official rate US dollar against the ruble and euro quotes against the US dollar internationally foreign exchange market.
Average monthly euro exchange rate of the Central Bank of the Russian Federation 2017, 2018, 2019
The average euro exchange rate according to the Central Bank of the Russian Federation for the current year is 73.126 rubles. The average euro exchange rate for the current month is at the level of 72.9223 rubles.
Updated 09.09.2019 17:20What is the Euro exchange rate forecast for tomorrow?
The Euro exchange rate forecast for tomorrow is 72.16 rub., minimum rate 71.15, and the maximum is 73.17 rubles. Current rate Euro 72.16. Today the rate is down by 0.58% compared to yesterday's close of 72.58.
Will the Euro rise or fall in a week?
Euro exchange rate forecast in a week 71.85 rub., minimum 70.84, maximum 72.86 rub. Thus, for a week the Euro exchange rate will fall on 0.31 rub. relative to the exchange rate now at 72.16 rubles. For more detailed forecast by day for the week, see the table below.
What is the Euro exchange rate forecast for September?
Euro exchange rate forecast for September 69.91-73.72, at the end of September 71.36 rub. At the beginning of September, the Euro exchange rate was 73.29, i.e. the change for the month will be -2.6%.
What Euro exchange rate is forecast for October?
Euro exchange rate forecast for October - 70.18 R. at the end of October, the minimum rate during the month is 69.20, the maximum is 73.61. Monthly change -1.7%.
Euro exchange rate forecast for each day in the table
| date | Day | Min | Well | Max |
| 10.09 | Tuesday | 71.15 | 72.16 | 73.17 |
| 11.09 | Wednesday | 71.09 | 72.10 | 73.11 |
| 12.09 | Thursday | 70.86 | 71.87 | 72.88 |
| 13.09 | Friday | 70.87 | 71.88 | 72.89 |
| 16.09 | Monday | 70.84 | 71.85 | 72.86 |
| 17.09 | Tuesday | 70.58 | 71.58 | 72.58 |
| 18.09 | Wednesday | 70.17 | 71.17 | 72.17 |
| 19.09 | Thursday | 70.46 | 71.46 | 72.46 |
| 20.09 | Friday | 70.75 | 71.75 | 72.75 |
| 23.09 | Monday | 70.52 | 71.52 | 72.52 |
| 24.09 | Tuesday | 71.50 | 72.52 | 73.54 |
| 25.09 | Wednesday | 71.18 | 72.19 | 73.20 |
| 26.09 | Thursday | 70.37 | 71.37 | 72.37 |
| 27.09 | Friday | 69.91 | 70.90 | 71.89 |
| 30.09 | Monday | 70.36 | 71.36 | 72.36 |
| 01.10 | Tuesday | 70.68 | 71.68 | 72.68 |
| 02.10 | Wednesday | 70.53 | 71.53 | 72.53 |
| 03.10 | Thursday | 71.57 | 72.59 | 73.61 |
| 04.10 | Friday | 70.70 | 71.70 | 72.70 |
| 07.10 | Monday | 70.98 | 71.99 | 73.00 |
| 08.10 | Tuesday | 71.30 | 72.31 | 73.32 |
| 09.10 | Wednesday | 70.77 | 71.77 | 72.77 |
| 10.10 | Thursday | 71.02 | 72.03 | 73.04 |
| 11.10 | Friday | 70.62 | 71.62 | 72.62 |
What is the Euro forecast for November?
Euro exchange rate forecast for November is in the range 70.18-74.01, at the end of November 72.99 rub. Monthly change +4.0%.
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 69.20-74.01. Exchange rate forecast for the end of December 2019 71.67 rub.
What will the Euro exchange rate be in 2020?
Euro exchange rate forecast for 2020 year: rate at the end of December 2020 - 68.25 rub. And throughout the year the rate will fluctuate in the range of 64.68-71.94.
Euro exchange rate forecast for 2019, 2020 and 2021
| Month | Start | Min-Max | End | Total,% | |
| 2019 | |||||
| sen | 73.29 | 69.91-73.72 | 71.36 | -2.6% | |
| Oct | 71.36 | 69.20-73.61 | 70.18 | -4.2% | |
| But I | 70.18 | 70.18-74.01 | 72.99 | -0.4% | |
| Dec | 72.99 | 70.67-72.99 | 71.67 | -2.2% | |
| 2020 | |||||
| Jan | 71.67 | 69.14-71.67 | 70.12 | -4.3% | |
| Feb | 70.12 | 69.96-71.94 | 70.95 | -3.2% | |
| Mar | 70.95 | 68.81-70.95 | 69.79 | -4.8% | |
| Apr | 69.79 | 67.66-69.79 | 68.62 | -6.4% | |
| May | 68.62 | 67.67-69.59 | 68.63 | -6.4% | |
| Jun | 68.63 | 66.78-68.68 | 67.73 | -7.6% | |
| Jul | 67.73 | 67.73-70.08 | 69.11 | -5.7% | |
| Aug | 69.11 | 66.59-69.11 | 67.54 | -7.8% | |
| sen | 67.54 | 64.68-67.54 | 65.60 | -10.5% | |
| Oct | 65.60 | 65.60-69.18 | 68.22 | -6.9% | |
| But I | 68.22 | 66.85-68.75 | 67.80 | -7.5% | |
| Dec | 67.80 | 67.29-69.21 | 68.25 | -6.9% | |
| 2021 | |||||
| Jan | 68.25 | 64.60-68.25 | 65.52 | -10.6% | |
| Feb | 65.52 | 65.52-69.09 | 68.14 | -7.0% | |
| Mar | 68.14 | 68.14-70.80 | 69.82 | -4.7% | |
| Apr | 69.82 | 67.78-69.82 | 68.74 | -6.2% | |
| May | 68.74 | 68.37-70.31 | 69.34 | -5.4% | |
| Jun | 69.34 | 67.98-69.92 | 68.95 | -5.9% | |
| Jul | 68.95 | 68.95-71.63 | 70.64 | -3.6% | |
| Aug | 70.64 | 69.63-71.61 | 70.62 | -3.6% | |
| sen | 70.62 | 68.45-70.62 | 69.42 | -5.3% | |
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Many people are interested in the current exchange rates. In fact, in order to properly manage finances, it is necessary to take into account the exchange rate forecast for 2017. So, what could the euro be like in December 2017?
The main factors influencing the euro exchange rate
When making a forecast for the euro exchange rate, it is necessary to understand which factors will have a significant impact.
The euro is commonly used in international payments due to which many participants economic system strive to closely monitor expert forecasts. At the same time, it is important to understand that forecasts depend not only on economic, but also on political factors.
Main economic factor it turns out that the cost of energy carriers is set at international level. Currently, the volume of this production is decreasing. People are forced to consume less Natural resources, as well as oil. Moreover, oil has lost about 40% in its price equivalent.
Outflow of foreign capital from Russian economy also has a significant impact. Sanctions imposed by the European Union led to this situation. Many experts are confident that in 2017 Russia must regain its lost positions in the international market and come out of the recession. In addition, specialized agencies are reducing their investment volume, taking into account the current situation and existing forecasts, based on the decrease in oil prices.
If Russia continues as before foreign policy, there is a risk of introducing additional sanctions. In addition, Russia may continue to participate in the military conflict in Ukraine. These reasons may lead to a lack of stability in the euro exchange rate.
Analyzing the factors described above, we can predict the inflation rate, which will be 12.5% - 17%.
What the Central Bank of the Russian Federation notes
Based on preliminary forecasts, average cost Euro can be about 100 rubles. At the same time, there is still a possibility of changing this figure. The fact is that Central bank, which is the main monetary regulator Russian Federation, can influence the dynamics of the picture and the course Russian ruble.
The refinancing rate was initially increased to 17%, but now this indicator managed to reduce to 12.5%. Thus, accurate data will only be known over time, because certain aspects of the situation may still change.
Remember that lack of stability in the economy and politics can lead to rising inflation, after which Russians’ savings depreciate.
The situation may change under the influence of the introduction or absence of new sanctions and changes in oil prices.
The Russian ruble will still have to go through many tests and checks, and withstand difficult situations.
What prospects await the euro and ruble in 2017
Oil prices are gradually approaching $30 per barrel, and this is reflected in the Russian currency. So, what causes the instability of the situation not only with the ruble, dollar, but also with the euro? What prospects can be noted?
- Oil prices may continue to fall.
- Sanctions will continue to apply.
- The Ukrainian crisis may have an impact on Russia.
- Conducting a military operation in Syria will require additional financial investments. This may be due to the fact that Russia plans to expand the scale of its presence in Syria.
Declining prices for raw materials may have a negative impact on Russian budget, which largely depends on energy exports. The smooth devaluation of the Russian ruble may be one of the most important factors.
It is important to note that the cost of the euro can be from 65 to 70 rubles (optimistic option), 80 rubles (moderate), 150 rubles (negative). External factors will have a significant impact on the euro exchange rate in December 2017, and economic and geopolitical factors will be important. In a favorable scenario, the value of the euro may gradually decline, and in a negative scenario, devaluation may occur.
IN mandatory you need to carefully monitor the euro exchange rate in order to promptly learn possible changes in expert opinion, because only in this case can you handle finances correctly.
The extremely precarious position of the Russian economy makes many Russians nervous, and, naturally, most are worried about the question: how much will the European currency be worth next year? According to previous events, in 2017 the euro exchange rate will first increase and then decrease, according to the latest analyzes, to 69 rubles. According to the forecasts of many analysts, by the end of next year we can expect a significant strengthening of the Russian currency.
The real state of the Russian economy
Heated debates are flaring up around the current state of the Russian economy among not only experts in our country, but around the world. Due to a sharp decline in GDP and an increase in prices for almost all products and services, the cost of even essential products has increased significantly. The exchange rate of the Russian currency has not been stable for two years now; the value of the dollar and euro regularly update their historical highs, which also greatly affects financial condition residents of the country. It is important to know that the GDP level is the main indicator economic growth any state and the welfare of its citizens. This year, the Russian Federation's GDP fell by 1%, but even such a drop significantly affected the income of almost all categories of citizens.
One of the main factors that determines the exchange rate of the ruble was the price of oil, because it is no secret that the Russian economy has always relied on “black gold”, and the fall in its value has had a significant impact on economic development countries.
The last factor that significantly undermined the Russian currency was the sanctions imposed by some Western countries. If they are canceled in 2017, this fact will affect the strengthening of the stability of the exchange rate of our currency.
What will happen to our currency?
The forecast of most Russian and Western analysts is not reassuring; a stable euro exchange rate cannot yet be expected. At the beginning of 2017, the European currency will remain at 73-74 rubles; by the end of the year, the Russian currency will strengthen, which will reduce the value of the euro to 68-69 rubles. The Ministry of Economic Development believes that in January the European currency may cost about 76 rubles, and if oil prices drop significantly, a more significant fall in the ruble can be expected.
Some Western analysts believe that next winter we can expect the European currency to soar to 80 rubles. Do not forget that a rate such as the euro/ruble is largely influenced by the euro/dollar currency ratio. Thus, according to the forecast of the largest Swiss bank Credit Suisse, at the beginning of 2017 the ratio of the latter pair will approach one, but then the dollar will strengthen, which will reduce the ratio to 0.85. Therefore, it is possible that the European currency may cost less than the American one; according to the same analysts, a ratio of 70/75 rubles is possible, respectively.
Events in the economic sphere are developing so rapidly that making accurate forecasts of the euro exchange rate for next year is quite problematic. Many Western economists agree that the ruble will continue to fall in 2017, and the value of other foreign currencies will continue to increase relative to the Russian currency.
Although the Russian Government gives completely different forecasts, the authorities assure that in 2017 there will be a significant increase in the ruble exchange rate. According to Russian politicians The economy of our country must emerge from the state of recession, that the peak of decline in the economic sphere has already been overcome, and economic growth will begin in 2017.
Accordingly, there will be growth country's GDP and the strengthening of the ruble.
The same opinion is shared by The World Bank, whose forecast is that the Russian economy has already reached its “bottom”, the course is set for production, and only economic recovery is expected in the future. However, these calculations were made only on the condition that the price per barrel of oil did not fall below $53 in 2017.
And the conclusion of many players in the oil market was that the price of “black gold” will only continue to decline at the beginning of next year. Some analysts even believe that oil could fall again to $39-40. According to the vice-president of Lukoil, if oil prices begin to rise, then we can expect the ruble to strengthen against the euro, even at 55 rubles.
Morgan Stanley's opinion
The forecast of the largest American analytical agency Morgan Stanley for the Russian economy is not reassuring; according to American experts, in the first quarter of next year the cost of one euro will exceed 90 rubles. However, there is no need to worry economic analysis influenced by many both external and internal factors, so experts often revise their opinions.
However, we should not forget that the EU is highly dependent on the import of Russian gas, as well as on the export of its goods to the territory of the Russian Federation, so we should not expect the ruble to fall for too long. Also, the exchange rate of the European currency may be significantly affected by some negative forecasts, for example, that Germany may return the German mark to circulation again, and Greece and a number of other countries, following the UK, will leave the Eurozone.
But no matter what happens, due to the unstable situation throughout the world, it is difficult to make absolute predictions as to what the value of the euro will be in relation to the Russian currency.
In 2017, the Russian currency will continue to win back lost positions against the dollar and euro, according to experts’ forecasts for the medium term. At the same time, the dynamics of the ruble will be determined by the pace of economic recovery and the situation on the oil market. So, let's look at the forecast for the dollar and euro exchange rates for 2017 from leading experts and economists.
Moderate optimism
The dynamics of macro indicators indicate a gradual improvement in the situation for the Russian economy. Despite the decline in GDP by 0.6% in the second quarter, the rate of economic slowdown decreased by half (the fall in GDP in January-March was 1.2%). In addition, the position of the Russian currency strengthened as a result of the recovery in oil prices.
The subsequent rise in oil prices above $50/barrel. will allow the ruble to strengthen to 60-62 rubles/dollar, says Raiffeisenbank representative Denis Poryvay. A more pessimistic scenario for oil market, which assumes that quotes will remain at $40 per barrel, will lead to an increase in the value of the dollar to 67 rubles.
Bloomberg experts note a decrease in the dependence of the Russian currency on the dynamics of oil prices. If in April current year the correlation reached 84%, then in early August this figure dropped to 55%. As a result, the ruble has the potential to maintain its position in the event of a decline in oil prices.
BCS analyst Vladimir Tikhomirov emphasizes that the position of the Russian currency will depend on the dynamics of economic development. Domestic GDP growth in 2017-2018 will remain in the range of 1.5-2%. If the growth rate is more significant, this will be a good signal for investors. As a result Russian assets will become more attractive, which will ensure an influx of additional foreign exchange resources.
In addition, capital outflow in the first seven months of this year decreased by 5 times - to $10.9 billion. Renaissance Capital representative Oleg Kuzmin notes that the improvement in the situation is primarily due to the reduction of external debt. In 2016, domestic companies will have to pay $40 billion compared to $67 billion a year earlier. The demand for currency from the population is also decreasing, which reduces pressure on the Russian currency.
The Eurasian Development Bank believes that the Russian currency has every prospect for further strengthening. In the current conditions, the value of the ruble is undervalued by 17%, which creates potential for further growth.
In turn, EBRD representatives assume the average annual dollar exchange rate to be 67-68 rubles/dollar. Bank experts believe that the position of the Russian currency will remain under pressure as a result of the actions of the Central Bank, which will continue to buy foreign currency to replenish reserves. In addition, the economy has not yet overcome the consequences of the crisis, which will affect the slowdown business activity.
The dynamics of the euro in 2017 remains high level uncertainty. Brexit has become a significant blow to the eurozone economy, the consequences of which will manifest itself in medium term. The UK and EU countries have yet to agree on further terms of trade relations, which will put pressure on the European currency. As a result, the forecast for the euro exchange rate for 2017 remains at the level of 70-73 rubles/euro, according to APECON representatives.
Threats to growth
Bank of America experts predict the preservation of parity in the foreign exchange market in the near future. The position of the ruble next year will be supported by rising oil prices, which will reach $60 per barrel. This will be the main factor in the growth of the Russian economy, which will increase by 1.1% year on year. At the same time, the government and the Central Bank will maintain the average annual exchange rate at 65 rubles/dollar, which will solve the problem of the budget deficit.
It is the budget issue that is main problem officials. Despite a certain optimization of consumables, reserves Reserve Fund continue to decline. In such conditions, reserves will be completely depleted in 2017, which will force the government to take unpopular saving measures. Maintaining currency quotes against the backdrop of rising oil prices will provide the budget with additional revenues.
Apart from budget crisis, the strengthening of the ruble may provoke a decline in business activity. Devaluation helped Russian companies overcome economic difficulties and maintain positions in international markets. The recovery of the domestic currency will neutralize the achieved benefits and will pose a threat to the resumption of economic growth.
The dollar exchange rate forecast for 2017 remains at 61-67 rubles/dollar. At the same time, experts note that the further strengthening of the Russian currency will be determined by the pace of economic recovery. In addition, the value of the ruble continues to depend on oil market trends and stabilization of the budget deficit.