Short-Term Prediction Model for Multi-currency Exchange Using Artificial Neural Network

• Published in: 2020 3rd International Conference on Information and Computer Technologies (ICICT) pp. 102 - 106
• Main Authors: Memon, Isha Zameer, Talpur, Shahnawaz, Narejo, Sanam, Junejo, Aisha Zahid, Hassan, Engr. Fawwad
• Format: Conference Proceeding
• Language: English
• Published: IEEE 01-03-2020
• Subjects: Artificial Neural Network; Artificial neural networks; Biological neural networks; Exchange rates; Predictive models; short-term memory; support vector; Support vector machines; time series; Training
• DOI: 10.1109/ICICT50521.2020.00024

Forecasting the exchange rates is a serious issue that is getting expanding consideration particularly as a result of its trouble and pragmatic applications. Artificial neural networks (ANNs) have been generally utilized as a promising elective methodology for an anticipating task as a result of a few recognized highlights. Research endeavors on ANNs for gauging exchange rates are extensive. In this paper, we endeavor to give a review of research around there. A few structure factors fundamentally sway the exactness of neural network gauges. These elements incorporate the determination of information factors, getting ready information, and network design. There is no accord about the components. In various cases, different choices have their own adequacy. We additionally depict the combination of ANNs with different strategies and report the correlation between exhibitions of ANNs also, those of other anticipating techniques, and finding blended outcomes. At long last, what's to come inquire about headings around there are examined. This paper presents the forecast of top exchanged monetary utilizing diverse Machine learning models which incorporate top foreign exchange (Forex) monetary standards utilizing a hybrid comparison of Support Vector Regressor (SVR) and Artificial Neural Network (ANN), Short-Term Memory (STM), and Neural Network with Hidden Layers. They anticipate the exchange rate between world's top exchanged monetary forms, for example, USD/PKR, from information by day, 30-39 years till December 2018.