International Conference on Industrial Revolution for Polytechnic Education
Vol. 2 No. 2 (2020): International Conference on Industrial Revolution for Polytechnic Education

Deep learning with encoder-decoder architecture for exchange currency rates model predictions

MF Andrijasa (Unknown)



Article Info

Publish Date
15 Dec 2021

Abstract

Exchange currency rate becomes one of the most important things on country economic growth. In some countries, the rate may affect seriously to economic growth and political stability. Governments need to have some actions in order to stabilize the rate. Knowing the pattern of exchange currency rate is a mandatory by governments for determining their future policies or as consideration in future decision-making. Therefore, government needs an analysis tool for modeling the rate prediction. Our previous study emerged that using deep learning method with encoder-decoder architecture has succeeded to model the rate prediction with teacher forcing and give only a one-step prediction. In this study, the authors aim to predict the pattern of exchange rate using the previous method with zero input to decoder to obtain multiple time steps prediction. After training and testing over 4,344 daily data series of IDR to USD exchange currency rate over 17 years taken from Bank Indonesia official website, the result found that the method still showed an interesting model to predict the next 40 sequence data series of exchange rate. In conclusion, the proposed method can be utilized to tackle the others prediction problem and the resulted model can be applied as an analysis tool by government for predicting their rate for the coming months or years.

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Journal Info

Abbrev

icirpe

Publisher

Subject

Agriculture, Biological Sciences & Forestry Automotive Engineering Chemical Engineering, Chemistry & Bioengineering Civil Engineering, Building, Construction & Architecture Computer Science & IT Electrical & Electronics Engineering Industrial & Manufacturing Engineering Mathematics

Description

International Conference on Industrial Revolution for Polytechnic Education is one of the event included in Polytechnic Exhibition and Seminar held by Ministry of research and Higher Education. The theme of this event is "Empowering polytechnic Education for Industrial revolution ...