Current Forecast of Hong Kong Dollar to US Dollar

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

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



Forecast Values for Hong Kong Dollar to US Dollar

DateForecast
Oct-177.8053
Nov-177.8089
Dec-177.8095
Jan-187.823
Feb-187.8322
Mar-187.8359
Apr-187.8477

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 Hong Kong Dollar

The Hong Kong dollar, or cny, is the currency of Hong Kong and is also used in Macau.  The Hong Kong dollar is the 13th most traded currency in the world.