Network Topology of Foreign Exchange Rate
In this paper we use a network topology approach to examine the interrelationship of 55 world currencies which is based on correlation analysis. With this point of view, those relationships can be measured by a correlation structure among currencies. To analyse that network, we filter the important...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Canadian Center of Science and Education
2012
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/6835/1/Network_Topology_of_Foreign_Exchange_Rate.pdf |
| _version_ | 1796990167278419968 |
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| author | Shamshuritawati, Sharif Nur Syahidah, Yusoff Maman Abdurachman, Djauhari |
| author_facet | Shamshuritawati, Sharif Nur Syahidah, Yusoff Maman Abdurachman, Djauhari |
| author_sort | Shamshuritawati, Sharif |
| collection | UMP |
| description | In this paper we use a network topology approach to examine the interrelationship of 55 world currencies which is based on correlation analysis. With this point of view, those relationships can be measured by a correlation structure among currencies. To analyse that network, we filter the important information contained therein by using minimum spanning tree, and we interpret it by using a centrality measures. This topology will gives us a useful guide to understand their behaviour and to determine the dominance currency in the network as part of a complex network. The results show that HKD-Hong Kong Dollar is the most dominance currencies, followed by
in order of importance; SGD-Singapore Dollar, USD-US Dollar, SAR-Saudi Riyal, and TWD-New Taiwan Dollar. |
| first_indexed | 2024-03-06T11:47:37Z |
| format | Article |
| id | UMPir6835 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T11:47:37Z |
| publishDate | 2012 |
| publisher | Canadian Center of Science and Education |
| record_format | dspace |
| spelling | UMPir68352016-06-21T03:00:31Z http://umpir.ump.edu.my/id/eprint/6835/ Network Topology of Foreign Exchange Rate Shamshuritawati, Sharif Nur Syahidah, Yusoff Maman Abdurachman, Djauhari HD Industries. Land use. Labor In this paper we use a network topology approach to examine the interrelationship of 55 world currencies which is based on correlation analysis. With this point of view, those relationships can be measured by a correlation structure among currencies. To analyse that network, we filter the important information contained therein by using minimum spanning tree, and we interpret it by using a centrality measures. This topology will gives us a useful guide to understand their behaviour and to determine the dominance currency in the network as part of a complex network. The results show that HKD-Hong Kong Dollar is the most dominance currencies, followed by in order of importance; SGD-Singapore Dollar, USD-US Dollar, SAR-Saudi Riyal, and TWD-New Taiwan Dollar. Canadian Center of Science and Education 2012 Article PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/6835/1/Network_Topology_of_Foreign_Exchange_Rate.pdf Shamshuritawati, Sharif and Nur Syahidah, Yusoff and Maman Abdurachman, Djauhari (2012) Network Topology of Foreign Exchange Rate. Modern Applied Science, 6 (11). pp. 36-43. ISSN 1913-1852 . (Published) http://www.ccsenet.org/journal/index.php/mas/article/view/21023/14089 10.5539/mas.v6n11p35 |
| spellingShingle | HD Industries. Land use. Labor Shamshuritawati, Sharif Nur Syahidah, Yusoff Maman Abdurachman, Djauhari Network Topology of Foreign Exchange Rate |
| title | Network Topology of Foreign Exchange Rate |
| title_full | Network Topology of Foreign Exchange Rate |
| title_fullStr | Network Topology of Foreign Exchange Rate |
| title_full_unstemmed | Network Topology of Foreign Exchange Rate |
| title_short | Network Topology of Foreign Exchange Rate |
| title_sort | network topology of foreign exchange rate |
| topic | HD Industries. Land use. Labor |
| url | http://umpir.ump.edu.my/id/eprint/6835/1/Network_Topology_of_Foreign_Exchange_Rate.pdf |
| work_keys_str_mv | AT shamshuritawatisharif networktopologyofforeignexchangerate AT nursyahidahyusoff networktopologyofforeignexchangerate AT mamanabdurachmandjauhari networktopologyofforeignexchangerate |