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 in...
| 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: | https://repo.uum.edu.my/id/eprint/12534/1/21023-71305-2-PB.pdf |
| _version_ | 1803626437160206336 |
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| author | Sharif, Shamshuritawati Yusoff, Nur Syahidah Djauhari, Maman A. |
| author_facet | Sharif, Shamshuritawati Yusoff, Nur Syahidah Djauhari, Maman A. |
| author_sort | Sharif, Shamshuritawati |
| collection | UUM |
| 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 | 2024-07-04T05:50:09Z |
| format | Article |
| id | uum-12534 |
| institution | Universiti Utara Malaysia |
| language | English |
| last_indexed | 2024-07-04T05:50:09Z |
| publishDate | 2012 |
| publisher | Canadian Center of Science and Education |
| record_format | dspace |
| spelling | uum-125342014-11-04T08:55:50Z https://repo.uum.edu.my/id/eprint/12534/ Network topology of foreign exchange rate Sharif, Shamshuritawati Yusoff, Nur Syahidah Djauhari, Maman A. QA76 Computer software 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 https://repo.uum.edu.my/id/eprint/12534/1/21023-71305-2-PB.pdf Sharif, Shamshuritawati and Yusoff, Nur Syahidah and Djauhari, Maman A. (2012) Network topology of foreign exchange rate. Modern Applied Science, 6 (11). pp. 35-43. ISSN 1913-1844 http://dx.doi.org/10.5539/mas.v6n11p35 doi:10.5539/mas.v6n11p35 doi:10.5539/mas.v6n11p35 |
| spellingShingle | QA76 Computer software Sharif, Shamshuritawati Yusoff, Nur Syahidah Djauhari, Maman A. 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 | QA76 Computer software |
| url | https://repo.uum.edu.my/id/eprint/12534/1/21023-71305-2-PB.pdf |
| work_keys_str_mv | AT sharifshamshuritawati networktopologyofforeignexchangerate AT yusoffnursyahidah networktopologyofforeignexchangerate AT djauharimamana networktopologyofforeignexchangerate |