|M. A. Alsaleh (Kuwait)||Jastang9@paaetms.paaet.edu.kw|
There is an increasing importance to forecast the exchange rate as international trading takes center stage in more and more countries. In this paper I postulate some simple time series models that can be used for quite effective and accurate forecast in International Forex markets of major international currencies in relation to the Kuwaiti Dinar. I have compared various time series models and observed that Box-Jenkins ARMA(1,1,1) gives the best model for forecasting exchange rates.
Back to top
ICOTS-6, The Sixth International Conference on Teaching Statistics - International Program Committee (IPC) Website.
Copyright © 2001 by the IASE. All rights reserved. This information is subject to change without notice. This page was last modified on July 2, 2002.
For questions or comments, contact the Webmaster, Dagan Ben-Zvi.