Sweden NIER Forecast: Exchange Rate: US Dollar data was reported at 7.500 SEK/USD in 2028. This records a decrease from the previous number of 7.600 SEK/USD for 2027. Sweden NIER Forecast: Exchange Rate: US Dollar data is updated yearly, averaging 7.400 SEK/USD from Dec 1971 (Median) to 2028, with 58 observations. The data reached an all-time high of 10.300 SEK/USD in 2001 and a record low of 4.200 SEK/USD in 1980. Sweden NIER Forecast: Exchange Rate: US Dollar data remains active status in CEIC and is reported by National Institute of Economic Research. The data is categorized under Global Database’s Sweden – Table SE.M020: Foreign Exchange Rate: Forecast: National Institute of Economic Research.

BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data was reported at 1.100 USD/EUR in 2027. This stayed constant from the previous number of 1.100 USD/EUR for 2026. BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data is updated yearly, averaging 1.100 USD/EUR from Dec 2016 (Median) to 2027, with 12 observations. The data reached an all-time high of 1.200 USD/EUR in 2022 and a record low of 1.100 USD/EUR in 2027. BMF Forecast: Foreign Exchange Rate: US Dollar: Annual Average data remains active status in CEIC and is reported by Federal Ministry of Finance. The data is categorized under Global Database’s Austria – Table AT.M007: Foreign Exchange Rate: US Dollar: Forecast.

The EUR/USD exchange rate fell to 1.1735 on July 24, 2025, down 0.33% from the previous session. Over the past month, the Euro US Dollar Exchange Rate - EUR/USD has strengthened 0.44%, and is up by 8.14% over the last 12 months. Euro US Dollar Exchange Rate - EUR/USD - values, historical data, forecasts and news - updated on July of 2025.

Russia MED Forecast: Foreign Exchange Rate: Year Average: US Dollar: Baseline Scenario data was reported at 75.156 RUB/USD in 2036. This records an increase from the previous number of 74.739 RUB/USD for 2035. Russia MED Forecast: Foreign Exchange Rate: Year Average: US Dollar: Baseline Scenario data is updated yearly, averaging 69.636 RUB/USD from Dec 2016 (Median) to 2036, with 21 observations. The data reached an all-time high of 75.156 RUB/USD in 2036 and a record low of 58.335 RUB/USD in 2017. Russia MED Forecast: Foreign Exchange Rate: Year Average: US Dollar: Baseline Scenario data remains active status in CEIC and is reported by Ministry of Economic Development of the Russian Federation. The data is categorized under Global Database’s Russian Federation – Table RU.ME002: Foreign Exchange Rate: Year Average: US Dollar: Forecast: Ministry of Economic Development.

Between 2025 and 2028, the U.S. dollar to Polish zloty exchange rate in Poland will maintain a stable value of ****** zloty for one U.S. dollar.

ABSTRACT Purpose: The objective of this article is to model a minute series of exchange rates for the EUR/USD pair using the singular spectrum analysis (SSA) and ARIMA-GARCH methods and evaluate which one offers better forecasts for a five-minute horizon. Originality/value: Despite being a successful technique in other branches of science, the application of SSA in finance is quite new. Furthermore, exchange rate modeling is a complex problem, comprising statistical concepts and properties. However, despite the complexity, the analysis of this series is extremely important for several agents playing, directly or indirectly, a role in the economy and the financial market. Design/methodology/approach: Time series models were estimated using the ARIMA-GARCH and SSA techniques, taking into account three samples of the ask exchange rate (closing): uptrend, downtrend, and no well-defined trend. Findings: The forecasts carried out by the SSA were the ones closest to the original observations for the three cases. Regarding the quality measurements, SSA obtained the best results for both uptrend and downtrend samples; for the sample with no well-defined trend, the findings indicated that the ARIMA-GARCH technique attained better results. However, it was concluded that the SSA forecasts, regarding exchange rates during the studied period, are more appropriate than the ones obtained by the ARIMA-GARCH model, regardless of the market movement.

The DXY exchange rate rose to 97.3823 on July 24, 2025, up 0.17% from the previous session. Over the past month, the United States Dollar has weakened 0.30%, and is down by 6.67% over the last 12 months. United States Dollar - values, historical data, forecasts and news - updated on July of 2025.

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Foreign Exchange Market Size 2025-2029

The foreign exchange market size is forecast to increase by USD 582 billion, at a CAGR of 10.6% between 2024 and 2029.

The Foreign Exchange Market is segmented by type (reporting dealers, financial institutions, non-financial customers), trade finance instruments (currency swaps, outright forward and FX swaps, FX options), trading platforms (electronic trading, over-the-counter (OTC), mobile trading), and geography (North America: US, Canada; Europe: Germany, Switzerland, UK; Middle East and Africa: UAE; APAC: China, India, Japan; South America: Brazil; Rest of World). This segmentation reflects the market's global dynamics, driven by institutional trading, increasing digital adoption through electronic trading and mobile trading, and regional economic activities, with APAC markets like India and China showing significant growth alongside traditional hubs like the US and UK.
The market is experiencing significant shifts driven by the escalating trends of urbanization and digitalization. These forces are creating 24x7 trading opportunities, enabling greater accessibility and convenience for market participants. However, the market's dynamics are not without challenges. The uncertainty of future exchange rates poses a formidable obstacle for businesses and investors alike, necessitating robust risk management strategies. As urbanization continues to expand and digital technologies reshape the trading landscape, market players must adapt to remain competitive. One significant trend is the increasing use of money transfer agencies, venture capital investments, and mutual funds in foreign exchange transactions. Companies seeking to capitalize on these opportunities must navigate the challenges effectively, ensuring they stay abreast of exchange rate fluctuations and implement agile strategies to mitigate risk.
The ability to adapt and respond to these market shifts will be crucial for success in the evolving market.

What will be the Size of the Foreign Exchange Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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In the dynamic and intricate realm of the market, entities such as algorithmic trading, order book, order management systems, and liquidity risk intertwine, shaping the ever-evolving market landscape. The market's continuous unfolding is characterized by the integration of various components, including sentiment analysis, Fibonacci retracement, mobile trading, and good-for-the-day orders. Market activities are influenced by factors like political stability, monetary policy, and market liquidity, which in turn impact economic growth and trade settlement. Technical analysis, with its focus on chart patterns and moving averages, plays a crucial role in informing trading decisions. The market's complexity is further amplified by the presence of entities like credit risk, counterparty risk, and operational risk.

Central bank intervention, order execution, clearing and settlement, and trade confirmation are essential components of the market's infrastructure, ensuring a seamless exchange of currencies. Geopolitical risk, currency correlation, and inflation rates contribute to currency volatility, necessitating hedging strategies and risk management. Market risk, interest rate differentials, and commodity currencies influence trading strategies, while cross-border payments and brokerage services facilitate international trade. The ongoing evolution of the market is marked by the emergence of advanced trading platforms, automated trading, and real-time data feeds, enabling traders to make informed decisions in an increasingly interconnected and complex global economy.

How is this Foreign Exchange Industry segmented?

The foreign exchange industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reporting dealers
  Financial institutions
  Non-financial customers


Trade Finance Instruments

  Currency swaps
  Outright forward and FX swaps
  FX options


Trading Platforms

  Electronic Trading
  Over-the-Counter (OTC)
  Mobile Trading


Geography

  North America

    US
    Canada


  Europe

    Germany
    Switzerland
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Type Insights

The reporting dealers segment is estimated to witness significant growth during the forecast period.

The market is a dynamic and complex ecosystem where various entities interplay to manage currency risks and facilitate international trade. Reporting dealers, as key participants,

Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data was reported at 1.110 EUR/USD in 2021. This records an increase from the previous number of 1.090 EUR/USD for 2020. Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data is updated yearly, averaging 1.115 EUR/USD from Dec 2018 (Median) to 2021, with 4 observations. The data reached an all-time high of 1.230 EUR/USD in 2018 and a record low of 1.090 EUR/USD in 2020. Luxembourg STATEC: Forecast: Foreign Exchange Rate: EUR/USD data remains active status in CEIC and is reported by The Portal of Statistics of Luxembourg. The data is categorized under Global Database’s Luxembourg – Table LU.M009: Foreign Exchange Rate: Forecast: The Portal of Statistics of Luxembourg.

Between 2025 and 2028, the euro to Polish zloty exchange rate in Poland will maintain a stable value of 4.2769 zloty for one euro.

Mexico BDM Forecast: Exchange Rate against US$: Average: Current Month data was reported at 19.260 MXN/USD in Mar 2019. This records an increase from the previous number of 19.210 MXN/USD for Feb 2019. Mexico BDM Forecast: Exchange Rate against US$: Average: Current Month data is updated monthly, averaging 17.645 MXN/USD from Dec 1999 (Median) to Mar 2019, with 76 observations. The data reached an all-time high of 21.420 MXN/USD in Jan 2017 and a record low of 9.560 MXN/USD in Dec 1999. Mexico BDM Forecast: Exchange Rate against US$: Average: Current Month data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M006: Foreign Exchange Rates: Forecast.

The USD/MXN exchange rate rose to 18.5643 on July 24, 2025, up 0.15% from the previous session. Over the past month, the Mexican Peso has strengthened 1.83%, but it's down by 0.64% over the last 12 months. Mexican Peso - values, historical data, forecasts and news - updated on July of 2025.

Dataset

This dataset was created by Debdatta Chatterjee

Contents

The USD/BRL exchange rate rose to 5.5285 on July 24, 2025, up 0.13% from the previous session. Over the past month, the Brazilian Real has strengthened 0.64%, and is up by 2.06% over the last 12 months. Brazilian Real - values, historical data, forecasts and news - updated on July of 2025.

The official currency of Ireland is the Euro. Euro Exchange Rate - EUR/USD - Ireland - values, historical data, forecasts and news - updated on July of 2025.

The USD/TWD exchange rate rose to 29.2960 on July 24, 2025, up 0.16% from the previous session. Over the past month, the Taiwanese Dollar has strengthened 0.28%, and is up by 10.49% over the last 12 months. Taiwanese Dollar - values, historical data, forecasts and news - updated on July of 2025.

The USD/AMD exchange rate fell to 382.1600 on July 24, 2025, down 0.45% from the previous session. Over the past month, the Armenian Dram has strengthened 0.81%, and is up by 1.48% over the last 12 months. Armenian Dram - values, historical data, forecasts and news - updated on July of 2025.

The USD/CNY exchange rate fell to 7.1472 on July 24, 2025, down 0.05% from the previous session. Over the past month, the Chinese Yuan has strengthened 0.28%, and is up by 1.28% over the last 12 months. Chinese Yuan - values, historical data, forecasts and news - updated on July of 2025.

The USD/VND exchange rate fell to 26,143.0000 on July 24, 2025, down 0.03% from the previous session. Over the past month, the Vietnamese Dong has strengthened 0.05%, but it's down by 3.39% over the last 12 months. Vietnamese Dong - values, historical data, forecasts and news - updated on July of 2025.

Mexico BDM Forecast: Exchange Rate against US$: Median: Plus 12 Months data was reported at 19.870 MXN/USD in Mar 2019. This records a decrease from the previous number of 19.980 MXN/USD for Feb 2019. Mexico BDM Forecast: Exchange Rate against US$: Median: Plus 12 Months data is updated monthly, averaging 12.910 MXN/USD from Dec 1999 (Median) to Mar 2019, with 155 observations. The data reached an all-time high of 21.450 MXN/USD in Jan 2017 and a record low of 9.920 MXN/USD in Dec 2001. Mexico BDM Forecast: Exchange Rate against US$: Median: Plus 12 Months data remains active status in CEIC and is reported by Bank of Mexico. The data is categorized under Global Database’s Mexico – Table MX.M006: Foreign Exchange Rates: Forecast.