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International economics and aviation
Published in Bijan Vasigh, Ken Fleming, Thomas Tacker, Introduction to Air Transport Economics, 2018
Bijan Vasigh, Ken Fleming, Thomas Tacker
An exchange rate quotation is the value of one currency in terms of another. For example, a quotation of 1.06 CAD/USD signifies that 1 Canadian dollar will be needed to acquire 1.06 US dollars.11 In this quotation, the price currency is CAD (Canadian dollars) and the unit or base currency is USD (US dollars). When the base currency is the home currency, it is known as a direct quotation. Using direct quotation, the exchange rate decreases when the home currency appreciates and increases when the home currency depreciates.
Feasibility Assessment
Published in Keith L. Richards, The Engineering Design Primer, 2020
Economic factors cover growth, interest rates, exchange rates and inflation rates. These factors greatly affect how a business operates and decisions made. For example, interest rates impact on the company's cost of capital and therefore to what extent a business grows and expands. Exchange rates can also affect the costs of exporting goods and the supply and price of imported goods in an economy.
Business Improvement through Innovation in Construction Firms: The ‘Excellence’ Approach
Published in Ben Obinero Uwakweh, Issam A. Minkarah, 10th Symposium Construction Innovation and Global Competitiveness, 2002
Herbert S. Robinson, Patricia M. carrillo, Chimay J. Anumba, Ahmed M. Al-Ghassan
The foreign exchange market is the place where currencies can be bought or sold. It primarily is an electronic market linking major international banks and financial institutions. Most currency transactions are between major banks, and access to the market is limited to major banks and foreign exchange brokers or dealers. Exchange rates are constantly changing based on the supply and demand for each currency.
Metaheuristic Assisted Hybrid Classifier for Bitcoin Price Prediction
Published in Cybernetics and Systems, 2023
Ruchi Gupta, Jagannath E. Nalavade
Two distinct datasets are obtained for this investigation; the first dataset gathered from https://Bitcoincharts.com/charts/bitstampUSD#rg60ztgSzm1g10zm2g25zv [access date: 2020-10-30], and it corresponds to the daily data. It encloses the attributes like opening, maximum, minimum, and closing Bitcoin exchange rate (OHLC), the volume of trades, total transaction fees, number of transactions, cost per transaction, and average hash rate. The second data (minute-by-minute data) is collected from https://in.investing.com/crypto/Bitcoin/historical-data [access date: 2020-06-03]. The price of one currency relative to another is known as the exchange rate. When nations employ gold or another accepted standard, and each currency is worth a particular amount of the metal or other standard, the exchange rate is “fixed.” It encompasses the Bitcoin information such as opening, maximum, minimum, and closing Bitcoin exchange rate (OHLC), the volume of trades, total transaction fees, number of transactions, cost per transaction, and price direction. The start date is (1-9-2019) and the end date is (22-9-2020)
EOS: enterprise operating systems
Published in International Journal of Production Research, 2018
Joseph Rahme Youssef, Gregory Zacharewicz, David Chen, François Vernadat
The illustration case is concerned with an example in banking operations domain. A simulation system in the Banking and Finance environment performing exchange rate definition and update operations is presented, validated and being progressively implemented as a real-world system. The exchange rate is defined as a rate at which a country’s currency will be exchanged in terms of another currency. Bank exchange rates are constantly changing on every business day based on current market conditions. Figures 4 and 5 show the EOS Conceptual, Technical and Implementation Architectures of the Bank daily Exchange Rate update operations. The implementation architecture is designed using HLA technology.
Evolutionary dynamics of individual strategies and game environments in the framework of feedback control
Published in Journal of Information and Telecommunication, 2020
Siyuan Liu, Jianda Han, Jianlei Zhang
Here, we introduce a DOL game model researching the co-evolution of import rate, export rate and exchange rate between two countries. The exchange rate is an important factor affecting import and export trade. According to economic principles, the most direct manifestation of exchange rate movements is the appreciation or depreciation of the local currency. A higher exchange rate and a stronger currency make imports cheaper and exports more expensive, causing a country more willing to import rather than export. Conversely, when the exchange rate falls, the country tends to export rather than import.