Predicting the euro to Czech crown exchange rate
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F75081431%3A_____%2F23%3A00002599" target="_blank" >RIV/75081431:_____/23:00002599 - isvavai.cz</a>
Result on the web
<a href="https://web.s.ebscohost.com/abstract?direct=true&profile=ehost&scope=site&authtype=crawler&jrnl=18047890&AN=164806504&h=Xe8nGir8Y8nOwRIgGgvMC329TMTKfgTpYtNqklGXIDuN65bcHNClAkm8RzKKN8wLRDvStOAWE%2fg8QELgQme%2bTw%3d%3d&crl=c&resultNs=AdminWebAuth&resultLoc" target="_blank" >https://web.s.ebscohost.com/abstract?direct=true&profile=ehost&scope=site&authtype=crawler&jrnl=18047890&AN=164806504&h=Xe8nGir8Y8nOwRIgGgvMC329TMTKfgTpYtNqklGXIDuN65bcHNClAkm8RzKKN8wLRDvStOAWE%2fg8QELgQme%2bTw%3d%3d&crl=c&resultNs=AdminWebAuth&resultLoc</a>
DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Predicting the euro to Czech crown exchange rate
Original language description
This paper explores the prediction of the exchange rate of the Czech Crown and its market position relative to larger currencies such as the Euro. The study examines the development of the EUR/CZK exchange rate from 2003 to 2023 using neural networks, revealing its volatile tendencies over twenty years. The analysis shows that the exchange rate fluctuated between 22 and 34 without a prolonged period of stagnation. Furthermore, a prediction for the exchange rate in the months of April, May, and June 2023 was conducted, indicating that most neural networks produced similar values and projected no significant increase or decrease. The paper emphasizes that the algorithm of neural networks relies on past values, implying that the actual exchange rate may differ significantly from the predicted outcome.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Ad Alta - Journal of Interdisciplinary Research
ISSN
1804-7890
e-ISSN
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Volume of the periodical
13
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
4
Pages from-to
126-129
UT code for WoS article
001027245000021
EID of the result in the Scopus database
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