ISSN 2394-5125
 

Research Article 


PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar.

Abstract
In accounts related investigation, swapping scale implies one cash is traded with another. Trillions are exchanged every day the budgetary market.
Outside trade advertise is a decentralized market. Here one nation's money is connected with another nation's cash. The principle members in this
exchange are significant universal banks. Remote market likewise bargains of corporates, other business banks, trade agents and the national banks.
Cash trade rates are told and decided in the remote trade showcase. In the monetary market diverse cash vendors quote the purchasing and the selling
rates. This money related trade advertise in India has begun in mid 1978.Firstly the administration of India permitted the banks in India to exchange
with each other. Every one of these activities are managed by the legislature of India. This remote cash trade advertise is remarkable as a result ofit's
gigantic exchanging limit and 24 hours activity. There are three kinds of remote market activities : They are Spot showcase or the present market ,
Forward market or the subsidiary market ,Exchange settlements and dealings. This wide work of anticipating the money esteems in the business sectors
can be made simple by researching them through AI methods. In this paper report we utilized procedures like Long Short Term Memory (LSTM) and K
Nearest Neighbor (K- NN).To anticipate the cash trade rates against Indian Rupee we likewise utilized strategies like Root squared mean mistake
(RSME), mean total rate blunder (MAPE) and standardization. The exhibition of this proposed model is tried with Indian Rupee (INR) against those of
Japanese (JPY), Chinese (CNY) for day by day, week after week and month to month in the expectation of money conversion scale.

Key words: Currencyexchange,LSTM,KNN,smoothing,normalising,prediction,accuracy.


 
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How to Cite this Article
Pubmed Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. JCR. 2020; 7(15): 392-396. doi:10.31838/jcr.07.15.56


Web Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. http://www.jcreview.com/?mno=119773 [Access: June 29, 2020]. doi:10.31838/jcr.07.15.56


AMA (American Medical Association) Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. JCR. 2020; 7(15): 392-396. doi:10.31838/jcr.07.15.56



Vancouver/ICMJE Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. JCR. (2020), [cited June 29, 2020]; 7(15): 392-396. doi:10.31838/jcr.07.15.56



Harvard Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar (2020) PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. JCR, 7 (15), 392-396. doi:10.31838/jcr.07.15.56



Turabian Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. 2020. PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. Journal of Critical Reviews, 7 (15), 392-396. doi:10.31838/jcr.07.15.56



Chicago Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. "PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING." Journal of Critical Reviews 7 (2020), 392-396. doi:10.31838/jcr.07.15.56



MLA (The Modern Language Association) Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar. "PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING." Journal of Critical Reviews 7.15 (2020), 392-396. Print. doi:10.31838/jcr.07.15.56



APA (American Psychological Association) Style

A. PoojaGayathri, T.Suvarna Mala, R.Prazna, K.Venkata Naimisha, P.Vidya Sagar (2020) PREDICTION OF FOREIGN CURRENCY EXCHANGE RATE IN INDIA USING MACHINE LEARNING. Journal of Critical Reviews, 7 (15), 392-396. doi:10.31838/jcr.07.15.56





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