Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method

The Malaysian Ringgit (MYR) foreign exchange rate has fallen to the lowest level since the 2008 global credit crisis [1]. Hence, the selection of countries for three selected continents in the world has been conducted to study their currency exchange rate and investigate this statement. USD, EUR and...

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Main Authors: Mohamad, Nurhana, Ahmad Nordin, Norain, Haironodin, Khairiah, Mohd Zakaria, Noor Rina Najiha, Jauhal, Nur Milen
Other Authors: Mohd Noor, Siti Fatimah
Format: Book Section
Language:English
Published: Penerbit UTHM 2020
Subjects:
Online Access:http://eprints.uthm.edu.my/2227/
http://eprints.uthm.edu.my/2227/1/Ch04.pdf
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author Mohamad, Nurhana
Ahmad Nordin, Norain
Haironodin, Khairiah
Mohd Zakaria, Noor Rina Najiha
Jauhal, Nur Milen
author2 Mohd Noor, Siti Fatimah
author_facet Mohd Noor, Siti Fatimah
Mohamad, Nurhana
Ahmad Nordin, Norain
Haironodin, Khairiah
Mohd Zakaria, Noor Rina Najiha
Jauhal, Nur Milen
author_sort Mohamad, Nurhana
building UTHM Institutional Repository
collection Online Access
description The Malaysian Ringgit (MYR) foreign exchange rate has fallen to the lowest level since the 2008 global credit crisis [1]. Hence, the selection of countries for three selected continents in the world has been conducted to study their currency exchange rate and investigate this statement. USD, EUR and MYR currency were selected for data. The data of a daily exchange rate of USD-MYR, EUR-MYR and CNY-MYR were obtained from the official website Bank Negara Malaysia [2] and be used in forecasting process. The project objectives are to forecast Malaysia currency for future incoming October 2016 by using the Decomposition method and to predict the rate of Malaysia currency for incoming October 2016 until through assessing and analyzing by Microsoft Excel.
first_indexed 2025-11-15T19:58:14Z
format Book Section
id uthm-2227
institution Universiti Tun Hussein Onn Malaysia
institution_category Local University
language English
last_indexed 2025-11-15T19:58:14Z
publishDate 2020
publisher Penerbit UTHM
recordtype eprints
repository_type Digital Repository
spelling uthm-22272021-11-02T03:32:37Z http://eprints.uthm.edu.my/2227/ Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method Mohamad, Nurhana Ahmad Nordin, Norain Haironodin, Khairiah Mohd Zakaria, Noor Rina Najiha Jauhal, Nur Milen HC79 Special topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc. The Malaysian Ringgit (MYR) foreign exchange rate has fallen to the lowest level since the 2008 global credit crisis [1]. Hence, the selection of countries for three selected continents in the world has been conducted to study their currency exchange rate and investigate this statement. USD, EUR and MYR currency were selected for data. The data of a daily exchange rate of USD-MYR, EUR-MYR and CNY-MYR were obtained from the official website Bank Negara Malaysia [2] and be used in forecasting process. The project objectives are to forecast Malaysia currency for future incoming October 2016 by using the Decomposition method and to predict the rate of Malaysia currency for incoming October 2016 until through assessing and analyzing by Microsoft Excel. Penerbit UTHM Mohd Noor, Siti Fatimah Makminin, Suhaimi 2020 Book Section PeerReviewed text en http://eprints.uthm.edu.my/2227/1/Ch04.pdf Mohamad, Nurhana and Ahmad Nordin, Norain and Haironodin, Khairiah and Mohd Zakaria, Noor Rina Najiha and Jauhal, Nur Milen (2020) Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method. In: Application in Science and Technology. Penerbit UTHM, pp. 29-38. ISBN 978-967-2389-55-2
spellingShingle HC79 Special topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc.
Mohamad, Nurhana
Ahmad Nordin, Norain
Haironodin, Khairiah
Mohd Zakaria, Noor Rina Najiha
Jauhal, Nur Milen
Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title_full Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title_fullStr Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title_full_unstemmed Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title_short Exchange rate of Malaysian Ringgit (MYR) forecasting using decomposition method
title_sort exchange rate of malaysian ringgit (myr) forecasting using decomposition method
topic HC79 Special topics. Including air pollution, automation, consumer demand, famines, flow of funds, etc.
url http://eprints.uthm.edu.my/2227/
http://eprints.uthm.edu.my/2227/1/Ch04.pdf