Current Forecast of Taiwan Dollar to US Dollar
Units: TWD per USD, Average of Month. Not Seasonally Adjusted.
Solid Line = Actual Values. Dashed Line = Predicted Values.
Forecast Values for Taiwan Dollar to US Dollar
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 New Taiwan Dollar
The New Taiwan dollar, or twd, has been the currency of Taiwan since 1949 when it replaced the Old Taiwan dollar.