Range Forecasts

Where could rates be heading?

Volatility-based ranges built from recent daily market data, so you can plan budgets and targets around realistic outcomes rather than single-point guesses.

  • Projected 68% and 95% ranges for a pair
  • Ranges for several pairs across several horizons
  • The probability of reaching a target rate

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These ranges are statistical estimates based on recent exchange-rate volatility and an indicative market rate. The 68% and 95% labels reflect model assumptions, not guaranteed outcomes: actual rates can move beyond the ranges, especially after unexpected events. The rates available for a trade may differ. Use these figures as a planning illustration, not a trading recommendation.

These ranges are statistical estimates based on past rate moves. They are not a prediction or financial advice.

Frequently asked questions

What do the 68% and 95% ranges mean?

They are statistical ranges based on how much each pair has moved in the past. On that past behaviour, the rate would be expected to stay inside the 68% range about two times in three, and inside the 95% range about 19 times in 20.

Is this a forecast of where rates will go?

No. It shows how far rates could move based on past volatility, not which way they will go. It isn't advice.

How can I use it for budgeting?

Compare your budget rate with the range. If your budget rate sits near the edge, a normal move could put it under pressure, and it may be worth talking to us about hedging.

More tools: Value at Risk and The Currency Year.