Expert forecasts: how much the dollar will cost in Russia

The unstable exchange rate of the national currency and the unstable economic situation do not allow long-term forecasts. For example, analysts cannot give a definite answer about how much the dollar will cost from October 1. However, most of them express an opinion about the possible growth of the American currency in last month summer.

Dynamics official rate currencies, maximum values

According to the Moscow Exchange, in July the US dollar increased by 1.4%. It is noted that the growth of the American currency continues for the second month in a row, which means further ascent is not excluded.

Experts make their predictions why Russian ruble does not regain surrendered positions. Firstly, on economic situation in Russia, sanctions and Russian-American relations, investor sentiment and capital flows influence. How do they pass it on? last news, these factors will have a further impact on the Russian currency and it is possible that, at least until the end of summer, the ruble will continue to weaken. In the short term, expert forecasts come down to a level of 61-64 rubles per dollar. At the same time, economists believe that the European currency will also lose its position in relation to its American counterpart.

Analysts unanimously call sanctions the main enemy of the Russian ruble - it is because of them that the national currency cannot recover. And the forecast of 62-63 rubles per dollar is just the beginning and the national currency can significantly accelerate its decline if relations between Russia and the United States do not improve.

On the other hand, investors are now awaiting information on inflation for July in the United States. Plus reduction key rate The Central Bank will strengthen the exchange rate of the Russian ruble in September. Thus, the positive forecast of analysts comes down to 59-61 rubles per dollar. However, most experts are confident that U.S. $ will rise by several points during this month.

Constantly monitors Euro to ruble exchange rate. Below is a report on changes in the Euro exchange rate during October 2017. You will find information such as cost Euro for every day in October 2017, minimum, maximum and average cost Euro. Price Euro is the market weighted average (for fiat currencies the rate of the Central Bank of the Russian Federation is given).

Euro to ruble exchange rate chart for October 2017

Below is Euro to ruble exchange rate chart for every day for October 2017. Average price Euro calculated as a weighted average price of Euro on the market. For national currencies The graph shows the exchange rate of the Central Bank of the Russian Federation.

Euro to ruble exchange rate table in October 2017

Euro to ruble exchange rate table in October 2017 includes the Euro exchange rate for each day and changes in the Euro exchange rate. The change in currency value is calculated in absolute terms, that is Euro price change in rubles, and in relative values, that is change in Euro value as a percentage.

Day months	Number of units	Well Euro	Change of course Euro
			RUB	%
October 3, 2017	1 EUR	67.9076 RUB	–	–
October 5, 2017	1 EUR	67.9357 RUB	+0.0281	+0.04%
October 6, 2017	1 EUR	67.7787 RUB	−0.157	−0.23%
October 7, 2017	1 EUR	67.5344 RUB	−0.2443	−0.36%
October 10, 2017	1 EUR	68.3861 RUB	+0.8517	+1.26%
October 11, 2017	1 EUR	68.3557 RUB	−0.0304	−0.04%
October 12, 2017	1 EUR	68.5032 RUB	+0.1475	+0.22%
October 13, 2017	1 EUR	68.4455 RUB	−0.0577	−0.08%
October 14, 2017	1 EUR	68.1409 RUB	−0.3046	−0.45%
October 17, 2017	1 EUR	67.2988 RUB	−0.8421	−1.24%
October 18, 2017	1 EUR	67.4596 RUB	+0.1608	+0.24%
October 19, 2017	1 EUR	67.3577 RUB	−0.1019	−0.15%
October 20, 2017	1 EUR	67.9333 RUB	+0.5756	+0.85%
October 21, 2017	1 EUR	67.8927 RUB	−0.0406	−0.06%
October 24, 2017	1 EUR	67.5567 RUB	−0.336	−0.49%
October 25, 2017	1 EUR	67.6856 RUB	+0.1289	+0.19%
October 26, 2017	1 EUR	67.7713 RUB	+0.0857	+0.13%
October 27, 2017	1 EUR	RUB 68,289	+0.5177	+0.76%
October 28, 2017	1 EUR	67.5276 RUB	−0.7614	−1.11%
October 31, 2017	1 EUR	67.2179 RUB	−0.3097	−0.46%

Minimum, maximum and average Euro to ruble exchange rate in October 2017

The table shows minimum, maximum and average Euro to ruble exchange rate in rubles in October 2017. For the minimum and maximum rates, the date on which this rate fell is indicated.

In October 2017 Euro cost in rubles varied in the range from 67.2179 RUB to 68.5032 RUB with an average value of 67.8489 RUB. At the same time, the minimum average daily price per Euro was recorded on October 31 (67.2179 RUB), maximum value of the Euro in October 2017 dated October 12 and amounted to 68.5032 RUB. Hesitation Euro exchange rate within a month 1.2853 RUB.

Fresh forecast of the dollar to ruble exchange rate for October 2017. What will happen to the USD/RUB pair in the near future? When will the dollar collapse, or is the currency still worth buying? Read expert opinions and the latest news.

You can view the dollar exchange rate of the Central Bank of the Russian Federation online .

Dollar exchange rate in October 2017. Key Factors

In September, the Russian ruble surprised everyone again. Despite the reduction of the Bank of Russia interest rate to 8.5% (September 15) and the US Federal Reserve meeting that was positive for the dollar (September 20), at the end of the month the Russian currency began to take off again.

The key supporting factors were taxable period, a positive resolution to the B&N Bank story, and, of course, rising oil prices. What will happen to the quotes of “black gold” in October and how will this affect the ruble exchange rate?

From a technical point of view, the price of oil has approached strong resistance around $57. Here are the highs for 2017. According to most analysts, from this level the price of oil will turn down.

On November 29, the next meeting of OPEC countries will take place in Vienna, where the extension of the agreement on freezing oil production will be discussed. However, Russian Energy Minister Alexander Novak already said in September that it was unlikely that a quick agreement would be possible: in his opinion, consensus would not be reached before January 2018.

Analysts at Goldman Sachs bank warn: protracted negotiations and increased uncertainty associated with the OPEC+ deal could lower the price of oil by $3-5 dollars from annual highs.

In addition to oil prices, in October the ruble will be guided by the policies of global central banks. In the long term, the discrepancy in monetary policy will increase: the Central Bank of the Russian Federation is in a cycle of lowering interest rates, and the Fed and the European Central Bank, on the contrary, are preparing to tighten policy.

Meetings of central banks will take place at the end of October, expectations on these issues and the latest news will be reflected in exchange rates.

Dollar exchange rate: forecast for October 2017

The USD/RUB pair remains in the medium-term range of 55.5 rubles. - 61 rub.

Analysts believe that short-term drawdowns of the dollar below 57 rubles per dollar are possible, but at these levels the currency will be actively purchased

Analysts do not expect a sharp rise in the pair in October 2017. The 60 mark will likely remain the main resistance level for the dollar.

U.S. dollar is the official currency of the United States of America. Bank code- USD. Denoted by $. 1 dollar is equal to 100 cents. The denominations of banknotes in circulation are: 100, 50, 20, 10, 5, 2 (a relatively rare banknote), 1 dollar, as well as coins of 1 dollar, 50, 25, 10, 5 and 1 cent. In addition, there are banknotes in denominations of 500, 1,000, 5,000, 10,000 and 100,000, which were previously used for mutual settlements within the Federal Reserve System, but have been no longer issued since 1945, and since 1969 have been officially withdrawn from circulation because they were replaced electronic system payments. The name of the monetary unit, according to the most common version, comes from the medieval thaler coin minted in Germany.

Traditionally on front side US dollar symbols depict presidents and politicians of the United States. On modern banknotes These are Benjamin Franklin - 100 dollars, Ulysses Grant - 50, Andrew Jackson - 20, Alexander Hamilton - 10, Abraham Lincoln - 5, Thomas Jefferson - 2 and George Washington - 1 dollar. The reverse side depicts historical monuments: 100 dollars - Independence Hall, where the Declaration of Independence was signed, 50 - the Capitol, 20 - the White House, 10 - the US Treasury, 5 - the Lincoln Memorial in Washington. The $1 bill has a special design on the back consisting of a double-sided image of the so-called Great Seal of the United States, used to authenticate government-issued documents and kept in Washington.

It is believed that to counteract printing fake dollars the design must be changed at least once every 7-10 years. Moreover, absolutely all US banknotes issued since 1861, when money was first issued in in paper form, are legal tender in the United States.

The first decision to issue US dollars was made by Congress in 1786, and in 1792 they became the main currency of the state. Since 1796, the principle of a bimetallic monetary unit was introduced, that is, both silver and gold coins were minted. Moreover, each time, as a result of a change in the price ratio by two precious metal either one or the other coins disappeared from circulation. Until 1857, foreign money (primarily Spanish pesos and later Mexican dollars) also served as legal tender in the United States.

In 1900, the gold standard law was passed. At this point, 1 dollar corresponded to 1.50463 grams of pure gold. In 1933, it was devalued for the first time by 41% as a result of the Great Depression. A troy ounce of gold now costs $35.

At the end of World War II, as a result of the Bretton Woods Agreement, the dollar became the only monetary unit, exchanged for gold, while the rates of other world currencies were tied to the American one. Simultaneously in post-war years The United States became Europe's main creditor. Thus, the US dollar became the world's currency of account and took its place in the reserves of central banks.

However, by 1960, chronic US budget deficits led to the fact that the number of dollars owned by creditors around the world exceeded the size of the gold reserve. The crisis of 1969-70 complicated the situation. As a result, in 1971, the exchange of dollars for gold was finally stopped after a corresponding statement by President Richard Nixon.

During the 1970s, the dollar depreciated. The situation was aggravated by the crisis of 1975-76. In 1976, as a result of an international agreement, a new one was created - the Jamaican currency system, which finally legitimized the abandonment of gold backing of currencies.

The strengthening of the dollar in the 1980s put American manufacturers at a disadvantage relative to other countries. As a result, it was decided to devalue the dollar by cutting interest rates. And by 1991, it was possible to actually halve the exchange rate against the Japanese yen, pound and German mark.

In 1992, as a result of the fall of the British pound sterling and the crisis in Europe, the dollar rose in price by almost 30%, but from April 1993 its quotes began to decline again - until 1998, when the dollar weakened significantly against the Japanese yen - from 136 to 111 within three days. This was due to the massive repatriation of funds from Japanese investors as a result of the crisis in the markets of developing countries, including the default in Russia.

1999-2001 - a period of new strengthening of the US dollar, which was stopped by the Federal Reserve System, which reduced interest rates up to 2% in order to stimulate the economy.

The most important event for the dollar was the creation in 1999 of the single European currency, which central banks many creditor countries of the United States transferred part of their reserves.

For the summer of 2011, the US dollar is quoted in the range of 1.40-1.46 dollars per euro, 76-78 Japanese yen per dollar and 1.62-64 dollars per pound.

Despite competition with the euro, today the United States currency occupies a leading place in the reserves of central banks. In addition, it remains the main settlement currency between countries in international trade, and is also the base one for settlements through payment systems. plastic cards out of zone European Union, where the euro predominates.

US dollar is the main currency Forex market. Transactions are processed through this currency and basic quotes are set.

Experts' opinions regarding the future of the dollar are diametrically opposed. On the one hand, many believe that in the near future the collapse of the dollar financial system inevitable due to the enormous foreign debt of the United States, the largest in the world. As of the summer of 2011, it exceeds $14.5 trillion.

On the other hand, the stability of the dollar is based on high economic indicators. The US economy ranks first in terms of gross domestic product, ahead of China, which is in second position, almost twice. In addition, the high dollar exchange rate contributes to monetary policy The Federal Reserve System, as well as the faith of investors who keep their assets in US currency and during crises seek to transfer them into dollars, finding refuge in US debt instruments from the elements of a market economy.

Hello, dear guests of the blog site, a new dollar exchange rate forecast for October 2017 has been compiled for you. Before moving on to the numbers, let's first look at the factors influencing the value of the American currency.

Surely you already know that the American economy is based on consumption; Americans benefit from their currency being expensive and popular among citizens of other countries.

Today, the dollar occupies a leading position and is the most popular currency in the world. this moment. Due to given currency It has high liquidity and provides speculators with ample opportunities to make money. The exchange rate of the American currency depends on large quantity factors, including the unemployment rate in the country, the rate of inflation, and so on.

Factors influencing US currency quotes

The quotes of the American currency are influenced by a number of factors, including:

This was only a small part of the factors influencing the value of the dollar. Here you can add the size of GDP, external debt states, measures taken by the government, and so on.

US currency exchange rate forecast for October 2017

Most experts argue that the dollar exchange rate in October 2017 will be mainly influenced by the price of black gold. Also, the quotes of the domestic currency may be affected by the possible weakening of sanctions against our country or the introduction of new ones.

It is important to remember that it was the United States that initiated the fall in oil prices, so they will try with all their might to prevent an increase in oil prices in the future.

If prices for black gold fall in October 2017, this will have a negative impact on the domestic economy, since a significant part of our state’s income comes from the sale of black gold. In this state of affairs, the ruble quotes will most likely fall against the dollar.

Recently, the domestic government has made a lot of efforts to establish supplies of black gold and natural gas to Asian countries. If we manage to increase the volume of oil supplies in this direction, then Russian budget will receive additional inflow Money, and, consequently, the exchange rate of the American currency against the ruble will decrease.

When creating the dollar exchange rate forecast for October 2017, analysts took into account all the factors mentioned above. According to leading analysts, in the first weeks of October, the value of the American currency may increase to 64 rubles per US dollar.

Analysts assure us that after the dollar’s ​​value increased at the beginning of the month, it will begin to fall and by the end of the month will reach 62 rubles per US dollar. Thus, average price dollar in October 2017 will be 62 rubles per US dollar.

It should be remembered that this forecast of changes in the value of the American currency is preliminary and is based on the assumption that the price of black gold will fall at the beginning of the month, but then its quotes will begin to gradually increase. Whether the analysts' assumptions come true or not, time will tell. You should remember that even the most experienced experts make mistakes from time to time.

It is important to remember that this forecast is compiled for informational purposes and is not a guide to action.