Current Forecast of Australian Dollar to US Dollar

Units: USD per AUD, Average of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for Australian Dollar to US Dollar

DateForecast
Jan-180.7956
Feb-180.798
Mar-180.784
Apr-180.784
May-180.791
Jun-180.794
Jul-180.795

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.

The Australian Dollar

The Australian dollar, or AUD, is the official currency of the Commonwealth of Australia.  The Australian dollar is the 5th most traded currency in the foreign exchange market.