EUR/RUB Forecast for 2024. Forecast tables and graphs.







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Euro to Ruble (EUR/RUB) Forecast for 2024

Updated: March 28, 2024 21:03

Inverse rate: RUB to EUR


Euro to Ruble price online today

How much will the EUR/RUB currency pair cost in 2024? What is the forecast for the EUR/RUB currency pair? What is the target price of the Euro / Ruble currency pair for 2024?

Will the Euro rise or fall against the Ruble?

We predict the dynamics of currency pairs using resonant artificial intelligence systems. Technical, fundamental analysis, news background, general geopolitical situation in the world and other factors are taken into account.

The results of forecasts of the Euro / Russian Ruble currency pair are presented below in the form of graphs, tables and text information.

How much will the Euro (EUR) cost against the Ruble (RUB) in January, February, March, April, May, June, July, August, September, October, November, December 2024?



Historical and forecast chart of the Euro/Ruble currency pair for 2024

The chart below shows the historical quotes of the EUR/RUB pair and the forecast chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. A detailed forecast of the Euro/Ruble rates for 2024 can be found in the table below.

Long-term forecasts by years.

Unlock the Future: EURRUB Exchange Rate Predictions for 2024

As we approach 2024, the currency pair EUR/RUB (euro to Russian ruble) forecasts have become a focal point for investors, economists, and businesses involved in European and Russian markets. Understanding the likely trajectory of the EUR/RUB exchange rate is crucial for a multitude of reasons. For investors and companies, it guides strategic financial planning and investment decisions, providing a framework for hedging against currency risk. Similarly, government agencies may use these predictions to shape economic policies and anticipate changes in trade dynamics.

Predicting the EURRUB pair accurately for 2024, however, is a complex endeavor fraught with challenges. Currency markets are influenced by a vast array of factors including economic indicators, political climate, central bank policies, and global market sentiments. Thus, while models and analytics can offer insights, the inherent volatility of the exchange rates means predictions come with a degree of uncertainty.

Events that are likely to significantly influence the EUR/RUB rate in 2024 include geopolitical developments, changes in oil prices, shifts in global economic growth, and monetary policy adjustments by the European Central Bank and the Bank of Russia. The European Union’s economic health, particularly in the eurozone, could play a pivotal role. Likewise, any major economic reforms or sanctions involving Russia could impact the ruble’s strength against the euro.

Forecasting the EURRUB currency pair thus demands attentiveness to an ever-changing tapestry of global events. For those looking ahead, keeping a finger on the pulse of international developments will be key to navigating the fluctuations of this important currency pair in 2024.

Euro / Ruble (EUR/RUB) Forecast 2024 Monthly

Month Target Pes. Opt. Vol., %
Apr 98.9357 98.2174 100.6990 2.46 %
May 101.0250 100.2920 101.9590 1.63 %
Jun 100.9920 99.2255 103.1580 3.81 %
Jul 99.3255 98.5716 101.0950 2.50 %
Aug 100.2760 97.6618 102.5590 4.78 %
Sep 101.5000 99.1893 102.2370 2.98 %
Oct 102.4050 99.7689 105.0070 4.99 %
Nov 103.1140 102.1960 105.2240 2.88 %
Dec 102.7740 101.7230 103.8260 2.03 %
Target is the weighted average forecast price for the period.
Pes. - the level of the pessimistic forecast.
Opt. - the level of the optimistic forecast.
Vol., % - expected volatility.

EUR/RUB forecast for 2024


Target values of the EUR/RUB currency pair for Apr 2024.

The weighted average target level of the Euro/Ruble currency pair for Apr 2024: 98.9357. The dynamics are positive.

Target values of the EUR/RUB currency pair for May 2024.

The weighted average target level of the Euro/Ruble currency pair for May 2024: 101.025. The dynamics are positive.

Target values of the EUR/RUB currency pair for Jun 2024.

The weighted average target level of the Euro/Ruble currency pair for Jun 2024: 100.992. The dynamics are negative.

Target values of the EUR/RUB currency pair for Jul 2024.

The weighted average target level of the Euro/Ruble currency pair for Jul 2024: 99.3255. The dynamics are negative.

Target values of the EUR/RUB currency pair for Aug 2024.

The weighted average target level of the Euro/Ruble currency pair for Aug 2024: 100.276. The dynamics are positive.

Target values of the EUR/RUB currency pair for Sep 2024.

The weighted average target level of the Euro/Ruble currency pair for Sep 2024: 101.5. The dynamics are positive.

Target values of the EUR/RUB currency pair for Oct 2024.

The weighted average target level of the Euro/Ruble currency pair for Oct 2024: 102.405. The dynamics are positive.

Target values of the EUR/RUB currency pair for Nov 2024.

The weighted average target level of the Euro/Ruble currency pair for Nov 2024: 103.114. The dynamics are positive.

Target values of the EUR/RUB currency pair for Dec 2024.

The weighted average target level of the Euro/Ruble currency pair for Dec 2024: 102.774. The dynamics are negative.




Other currencies against the Ruble (RUB)


Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.