top of page
  • ceenet

CEE Exchange Rates Report for December 4 – December 8 

 

CEE Currencies Index 

 


Source: Eurostat and own calculations. Exchange rates are inverted to be Euro per local currency (i.e., an increase indicates a stronger domestic currency) and then indexed to 100 at the start of the period.  

 

During the week of December 4- December 8, the Czech koruna (blue) finished with a minimal decrease. The Hungarian forint (green) experienced the most notable change this week decreasing by 0.57607%. The Polish zloty (red) fluctuated this week strengthening 0.1893%. The Romanian leu (yellow) remained consistent and only increased slightly by less than .05%.  

 

 

CEE Currencies Historical Trends 

 


Source: Eurostat and own calculations. Exchange rates are inverted to be Euro per local currency (i.e., an increase indicates a stronger domestic currency). The center line is a rolling three-month average. The upper and lower boundaries are the average plus and average minus one standard deviation, respectively, for the same three-month period.  

 

For the week of December 4- December 8, all Central Eastern European exchange rates remain at or passed their average bound. The Czech koruna (CZK) is experiencing movement at its upper bound. The Hungarian forint (HUF) after rapidly reaching its upper bound is now on the decline this past week, almost at its average bound. The Polish zloty (PLN) is continuously strengthening past its high bound. The Romanian leu (RON) has met its average bound. 

 

Notably, the Polish zloty has been on the steady incline since October after the central bank’s decision to cut interest rates. 

 

Top Stories

Check back soon
Once posts are published, you’ll see them here.
bottom of page