A survey on exchange rate prediction using neural network based methods

  • Authors

    • Pragyan Paramita Barik
    • Smruti Rekha Das
    • Debahuti Mishra
    2018-03-11
    https://doi.org/10.14419/ijet.v7i2.6.10069
  • Artificial Neural Network (ANN), Currencies, exchange rate, forecasting, outperformed.

  • Abstract

    Forecasting exchange rate has always been in demand as it is very important for the international traders to predict how their money will perform against other currencies. So different methods have been applied by the researchers to accurately predict the exchange rates so that it can assist in taking decision while trading. From all the models the Artificial Neural Network (ANN) has given consistent performance in prediction by overcoming the limitations of other models and has outperformed all the models in terms of efficiency. The evolution of ANN is remarkable. In this paper, we have given the performance of different network models used by researchers to predict the exchange rates of major currencies in the future.

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  • How to Cite

    Paramita Barik, P., Rekha Das, S., & Mishra, D. (2018). A survey on exchange rate prediction using neural network based methods. International Journal of Engineering & Technology, 7(2.6), 64-70. https://doi.org/10.14419/ijet.v7i2.6.10069

    Received date: 2018-03-11

    Accepted date: 2018-03-11

    Published date: 2018-03-11