diff --git a/models/intermediate/cross/int_daily_currency_exchange_rates.sql b/models/intermediate/cross/int_daily_currency_exchange_rates.sql
new file mode 100644
index 0000000..2d0b8da
--- /dev/null
+++ b/models/intermediate/cross/int_daily_currency_exchange_rates.sql
@@ -0,0 +1,77 @@
+with
+    stg_xedotcom__exchange_rates as (
+        select * from {{ ref("stg_xedotcom__exchange_rates") }}
+    ),
+    most_recent_xe_date_per_curr_pair as (
+        select from_currency, to_currency, max(rate_date_utc) as most_recent_date_utc
+        from stg_xedotcom__exchange_rates
+        group by 1, 2
+    ),
+    last_xe_rate_per_curr_pair as (
+        select xe.from_currency, xe.to_currency, xe.rate
+        from stg_xedotcom__exchange_rates xe
+        inner join
+            most_recent_xe_date_per_curr_pair recent
+            on xe.from_currency = recent.from_currency
+            and xe.to_currency = recent.to_currency
+            and xe.rate_date_utc = recent.most_recent_date_utc
+    ),
+    future_dates as (
+        select date_trunc('day', day_series)::date as future_date
+        from
+            generate_series
+            (
+                (
+                    select max(most_recent_date_utc)
+                    from most_recent_xe_date_per_curr_pair
+                )::timestamp,
+                (
+                    select max(most_recent_date_utc)
+                    from most_recent_xe_date_per_curr_pair
+                )::timestamp
+                + interval '3 years',
+                '1 day'::interval
+            ) day_series
+    ),
+    projected_future_rates as (
+        select
+            concat(
+                last_rate.from_currency,
+                last_rate.to_currency,
+                future_dates.future_date,
+                'inferred',
+                'forecast'
+            ) as id_exchange_rate,
+            last_rate.from_currency,
+            last_rate.to_currency,
+            last_rate.rate,
+            future_dates.future_date as rate_date_utc,
+            'inferred' as source,
+            'forecast' as rate_version,
+            now() as updated_at_utc
+        from future_dates future_dates
+        cross join last_xe_rate_per_curr_pair last_rate
+    )
+select
+    concat(
+        xe.from_currency, xe.to_currency, xe.rate_date_utc, 'xedotcom', 'actual'
+    ) as id_exchange_rate,  -- the id from staging is not useful here because dimensionality is different: here we have rate_source and rate_version
+    xe.from_currency,
+    xe.to_currency,
+    xe.rate,
+    xe.rate_date_utc,
+    'xedotcom' as source,
+    'actual' as rate_version,
+    xe.dwh_extracted_at_utc as updated_at_utc
+from stg_xedotcom__exchange_rates xe
+union
+select
+    fu.id_exchange_rate,
+    fu.from_currency,
+    fu.to_currency,
+    fu.rate,
+    fu.rate_date_utc,
+    fu.source,
+    fu.rate_version,
+    fu.updated_at_utc
+from projected_future_rates fu