The forecast of the dollar against the zloty was prepared for the month of August. During this month, we expect large fluctuations of the zloty to the US dollar. Large fluctuations will allow us to make a good income as long as our decisions are wisely thought out and planned in advance.
Different factors will cause the exchange rate destabilization. One of them will be the unfulfilled promises of those currently ruling and the still worse information about the growth of Poland's GDP in relation to the GDP growth of the United States. Exchange rates may also fluctuate strongly. That is why it is worth, so often read our forecasts, because they can change.
In our forecast, we described when to buy and when to sell the dollar. The obvious goal is to profit from operations.
For the amount of investment, we invariably take our 10,000 zlotys again. On August 1, for one dollar, we paid, on average, PLN 3 and PLN 0.66. This is a fairly high rate from the last few months and gives us a lot to think whether it is worth exchanging our zloty for dollars. We are telling you that it is worth stopping this decision because the rate will slightly decrease next week (6 - 10 August). We will weak to about 3 zlotys and 60 cents and then buy dollars. We will hold 2778 greens. It's good for the course to change.
There is a good chance that around Wednesday 15 August or Thursday 16 August, the exchange rate will increase to PLN 3 - PLN 72.00. The trend will change from Monday 20 August. However, before we will sell our green ones. We will be in possession of PLN 10,000 and PLN 334. Now we have to wait patiently.
We'll wait a bit longer, because until the last days of the month of August. Under favorable economic conditions, the rate will decrease to around PLN 3 and PLN 62-64. So the question is whether to buy dollars or to stop this decision.
It looks like we will buy dollars. At a rate of PLN 3 and PLN 62, we will have 2855 baks. And in the first and the second decade of September we are waiting for really stunning increases as well as falls. This and we can also earn and lose.
We expect exchange rate fluctuations in these two decades between 3.60 - 3.75 dollars per zloty. We will provide more details at the end of August.
A short summary:
When conducting a currency exchange transaction within two months, we should earn a good few hundred from the invested PLN 10,000. In our opinion, it is still better than for any investment in a bank or investment fund. By operating larger amounts of money, we have a good chance of earnings and the risk of starting is not that big.
But to earn such money you have to turn it in the money counter. We will not be able to pay for it in the bank, because the bank wants to make a profit and would earn an estimated PLN 500 on our 10,000 zlotys. We would lose more than they gained. So it is worth remembering about it.
Of course, all data and information published on our website are meant to be just a forecast for you. And the forecast is different. From the relationship, with which we do not accept any responsibility for your transaction.