@article{(Open Science Index):https://publications.waset.org/pdf/10003789,
	  title     = {Forecasting Exchange Rate between Thai Baht and the US Dollar Using Time Series Analysis},
	  author    = {Kunya Bowornchockchai},
	  country	= {},
	  institution	= {},
	  abstract     = {The objective of this research is to forecast the monthly exchange rate between Thai baht and the US dollar and to compare two forecasting methods. The methods are Box-Jenkins’ method and Holt’s method. Results show that the Box-Jenkins’ method is the most suitable method for the monthly Exchange Rate between Thai Baht and the US Dollar. The suitable forecasting model is ARIMA (1,1,0)  without constant and the forecasting equation is Yt = Yt-1 + 0.3691 (Yt-1 - Yt-2) When Yt  is the time series data at time t, respectively.},
	    journal   = {International Journal of Mathematical and Computational Sciences},
	  volume    = {8},
	  number    = {8},
	  year      = {2014},
	  pages     = {1186 - 1191},
	  ee        = {https://publications.waset.org/pdf/10003789},
	  url   	= {https://publications.waset.org/vol/92},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 92, 2014},
	}